Sagebrush Gold Ltd. is a newly-formed gold exploration company with a focus on the highly productive gold trends in north central Nevada. The company’s two initial exploration properties have had extensive geological analysis done on them and three large gold targets have already been identified.
Sagebrush Gold, along with Continental Resources, announced today that it has commenced drilling on its Red Rock property. Sagebrush Gold has contracted RedCor Drilling and is permitted to drill up to nine angle diamond core holes for a total estimated footage of 16,000 feet. ALS Minerals from Reno, Nevada will perform all drill core analysis.
Surface gold, up to 0.38 ounces per ton, and shallow drilled gold have already been discovered on an adjoining property from Red Rock. Red Rock itself is located at the intersection of three major gold trends. These trends are: the Battle Mountain Eureka Gold Trend, the Rabbit Creek Gold Trend and the Caetano Caldera Trend. It is believed that there is a combined 60+ million ounces of gold contained within in these trends.
Sagebrush Gold’s president David Rector commented on the bright prospects for the outlook for finding gold. “Three large gold targets have already been identified within the property occurring over a 4 mile area where rock and soil gold and associated trace element geochemical data indicate the potential for one or more major gold deposits,” he said.
For more information on Sagebrush Gold, please visit its website at www.sagebrushgold.com
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