Exploration Update on its Goodman Gold Project

TORONTO - Nevada Zinc Corporation reported on Generic Gold Corporation update on exploration activities completed at the Goodman and Seattle projects, approximately 40 kilometers northwest of Mayo and immediately southwest of Victoria Gold’s Eagle Gold project, Yukon Territory. The Company owns 25 million shares of Generic Gold.

The work completed during the 2017 field season consisted of reverse circulation  drilling, induced polarization (IP) geophysics, soil sampling, prospecting, and geological mapping. Additionally, the land positions at the Goodman project and the nearby Seattle project were significantly increased, and a NI-43-101compliant technical report was completed. 

President and CEO of Nevada Zinc, Bruce Durham said, “When we initially acquired the main block of Goodman claims in 2010 there was virtually no history of exploration in the entire area west of the Victoria Gold property despite the fact that the Goodman property covered the headwaters of a number of gold bearing placer creeks. Solid exploration programs by us, and now Generic Gold, have resulted in the definition of a significant extension to the structural domains on the Victoria Gold property for kilometers farther to the west through the Goodman property. Numerous gold exploration targets have been defined on the property, the first of which were drill tested this year. This drilling was the first ever completed on this camp scale project located immediately adjacent to the southwest of Victoria Gold’s Eagle gold deposit. Of particular importance is the fact that significant disseminated sulphides were discovered in association with quartz vein material in several locations”.