Drilling Completed On Black Point Property


VANCOUVER - Stevens Gold Nevada Inc. has completed its previously announced drilling program on its Black Point Property. The Property, consisting of 80 lode mining claims covering approximately 1,600 acres, is located in Eureka County, Nevada, 11 miles northeast of Eureka and 18 miles west of the Bald Mountain-Alligator Ridge-Yankee mining district.

HD Drilling based in Winnemucca, Nevada, drilled a total of 2065 feet over three reverse circulation drill holes on the Property. The holes tested the downdip extension of rock units showing anomalous values for gold, silver and trace elements in soil and rock samples. Two holes (BP20-1 and BP20-2) were also sited to test a zone of high resistivity outlined in CSAMT. Hole BP20-3 tested the edge of a gravity "ridge" to the west of the resistive feature and a zone of westward dipping low resistivity shown in the CSAMT. Interpretive work is underway and will be combined with the analytical results when they are available.

All drill samples were bagged on site and picked up by from the drill area by Paragon Geochemical of Sparks, Nevada for assaying. Samples will be analyzed for gold via fire assay and silver and other trace elements by ICP-OES. We expect results from these assays by the end of September 2020.

Stevens Gold is in the process of carrying out the recommended exploration program described in its 43-101 Technical Report. Now that the drilling program has been completed on the Property, we will compile and assess the data gained from the results and determine whether to seek a further exploration program.