Jungo Gold-Copper Technical Report Completed And Filed


TORONTO - Avidian Gold Corp. has filed a technical report for the Jungo Gold-Copper Project located in northwest Nevada. Avidian engaged Mine Development Associates (MDA) of Reno, Nevada, a division of RESPEC, to complete the report. The report resents a technical summary of the Jungo project and provides recommendations for future exploration including drilling. The report was prepared under the supervision of Mr. Steven I. Weiss, Ph.D., C.P.G., Senior Associate Geologist with MDA and Kenneth Brook C.P.G., President of Avidian Gold (US) Inc.

The fully permitted and bonded Jungo Gold-Copper Project, situated on the east flank of the southern part of the Jackson Mountains, is located in Humboldt County, Nevada, approximately 65 km northwest of the city of Winnemucca. The property consists of 234 unpatented Federal lode mining claims, which cover an area of 1,959 hectares and lies between the Hycroft Mine (~15.3 Moz M&I AuEq) to the southwest and the Sleeper Deposit (~3.1 Moz M&I Au) to the northeast.

President & CEO Steve Roebuck, said, "The technical report provides a comprehensive summary of the modern exploration completed on the property which includes mapping, prospecting, geophysical surveys, trenching and drilling. Previous exploration outlined a 5 km long zone of copper and gold mineralization that has seen only limited drilling. There are many inviting drill targets on the property that have never been tested, received only one hole or simply not drilled deep enough like hole SH-10 from 1992. For an unknown reason the hole was stopped just short of its target depth while still in an altered intrusive rock unit containing disseminated sulphides as the gold and arsenic values began to spike. This is a very compelling drill target."