Additional Claims Staked In Kelly Creek Basin 

 

VANCOUVER, BC - Nevada Exploration Inc.(NGE) has added 76 new claims covering 550 hectares (1,360 acres) to its land position in Nevada's prolific Kelly Creek Basin to secure the growing target defined by NGE`s updated 3D geologic model. The Kelly Creek Basin is located along the Battle Mountain - Eureka Gold Trend, and is bounded by multi-million-ounce gold deposits to the north and south, together representing more than 70 million ounces of gold along the periphery of the Basin. The Kelly Creek Basin has seen limited systematic exploration activity to date because its bedrock is largely covered by syn- to post-mineral volcanic units and post-mineral alluvium. 

Recognizing the potential to find significant gold mineralization within the Kelly Creek Basin, companies have followed prospective geology seen in and proximal to the exposed bedrock in the surrounding mountain ranges beneath the sands and gravels covering the Basin. Within the areas controlled by NGE, this activity has included: Completing wide-spaced bedrock mapping drilling in the 1990s; Completing an extensive soil auger geochemistry program through the late 1990s; And completing a reconnaissance-scale reverse circulation program in the early 2000s. 

NGE has developed its groundwater chemistry exploration technology specifically to complete large-scale exploration for gold in Nevada`s covered basins. NGE is now using this technology to map the elevated concentrations of gold in groundwater along the major structural corridor beneath the Kelly Creek Basin that connects the multi-million-ounce gold deposits to the north and to the south. 

Since establishing its initial holdings in the Kelly Creek Basin, NGE and its exploration partners have completed major work programs, building a comprehensive exploration dataset to understand the geology beneath the Basin. With this unparalleled exploration dataset for the Kelly Creek Basin, NGE is applying the latest in 3D modeling software to build a comprehensive geologic model focused on the central portion of the Basin where NGE has demonstrated the presence of high levels of gold in the groundwater associated with the structural trend connecting the major gold mineralization to the north and south. NGE is now using this updated 3D geologic model to target additional acquisitions along this important trend. With the addition of NGE's new claims, NGE now controls more than 3,100 hectares (7,680 acres) within the Kelly Creek Basin.