Two Multi-Kilometer, Untested, Target Fault Zones Identified At Weepah Project


VANCOUVER - Eminent Gold Corp. reported results from its Phase 1 surface geochemistry and mapping programs from its Weepah Project, located 30 kilometers (km) southwest of Tonopah. The technical team mapped previously unrecognized multi - kilometer length faults that were coincident with gold and arsenic geochemical anomalies and define the boundaries of the post mineralization cover sequence. These fault zones will be the focus of the Company's targeting efforts.  In addition, two occurrences of mineralization have been defined to the north and west of the historical Weepah pit that gave rock chip values up to 3.5 g/t gold and soil values up to 328 ppb gold.

Paul Sun, President and CEO, said, "We are pleased to announce that Phase 1 results reveal the existence of new targets at Weepah. This opens up an entirely new mineralizing scenario for us to test. We look forward to a steady stream of results from the project, which we expect will provide additional support for this model in preparation for drilling." Weepah is located in Esmeralda County Nevada, approximately 32 km southwest of the town of Tonopah. Eminent's property is comprised of over 1,250 hectares of highly prospective ground that has seen limited modern exploration.

The Company took 1,665 soil samples from colluvium and 443 pediment soil samples, at 50-meter by 200-meter spacing as well as 295 rock samples.  Through mapping and sampling the entire property the Company's technical team identified two primary fault zones that indicate mineralization outside of the historic Weepah pit. Importantly these two fault zones bound an area of pediment (cover) immediately south of the Weepah pit. Both gold and arsenic show stronger anomalies in pediment soil samples along these fault zones. Arsenic is one of the best pathfinder elements for gold mineralization and is particularly effective in revealing mineralization under post-mineral cover. It is believed by the Company's technical team that historic drilling, which focused on a trend subparallel to Weepah, missed the opportunity to intercept stronger mineralization that correlates with these newly identified faults. This is illustrated by historic drill intercepts, which are located at the edge of the new mineralized fault zones.

Within this new mineralizing model high grade (<20 g/t Au) rock chip samples taken historically at Weepah East, are now shown to correlate with recent soil geochemistry and support the interpretation of basin bounding faults serving as a source of mineralization.

Rock and soil results to the north and west of the historic Weepah pit have also shown promising surface gold and arsenic geochemistry suggesting potential in these areas as well which can be further explored in the future. For a full technical explanation of the sampling, mapping, and structural modeling, please see the Weepah Project on the Company's website.

The Company has logged and sampled seven historic core holes, many portions of which were previously unsampled (assays are pending). In addition, the technical team has re-logged rock chips from 29 RC holes as well as compiled data from 120 previously drilled holes into a 3-D database. A geophysical contractor is processing 14 kilometers of CSAMT data that had been obtained by a previous operator but not fully processed. When Phase II is complete, there will be compilation of all results, including the new core assays in its 3D database to facilitate future drill targeting.