NVGC Company Description
Nevada Gold Corp (OTCQB:NVGC) is a publicly traded US exploration company focused on precious metals targets in the gold rich area of North Eastern Nevada. To date, Nevada State has produced over 200 million ounces of gold with Nevada accounting for almost 84% of the US annual gold production. Most recently the company has a acquired an option to earn a a 75 percent interest in the former producing silver/lead and gold mine called the Diamond Jim Mine located in Northern Nevada State.
The Diamond Jim Mine in Elko County consists of 35 claims and is located in northeastern Nevada, 20 miles (32 km) south of the Idaho border, 69 miles (111 km) north of the city of Elko and 260 miles (418 km) northeast of the city of Reno. The property lies on the easterly end of the northeast-trending Midas trend, one of Nevada's several important epithermal gold belts. The Midas trend hosts a number of significant to world-class gold districts such as Midas-Ken Snyder Mine and the Jerritt Canyon Mine (recently produced its 8 millionth ounce of gold). These mines produce mainly from epithermal vein systems favourable for small but profitable high-grade operations and Carlin-type sediment-hosted deposits amenable to large-scale open-pit bulk mining.
Nevada Gold Corp plans to conduct an initial surface exploration program as well as seek a permit to reopen the old mine workings to verify pervious exploration results. In addition to the Diamond Jim property the company also has an option on another gold property located in Nevada's Long Canyon Gold Trend.
NVGC Products and Services
NVGC Diamond Jim Mine is located in the Island Mountain mining district in northern Elko County, Nevada state. http://www.nvgoldcorp.net/Diamond-Jim-Mine.html
NVGC newly discovered Long Canyon Gold Trend, of Northeastern Nevada, was first drilled by a company called New West Gold. http://www.nvgoldcorp.net/Long-Canyon.html
Videos - News and Current Information http://www.nvgoldcorp.net/videos.html
NVGC Key Company Management
President and Director – Merrill W. Moses
-Owned 8 different Restaurants by the age of 23
-Successfully operated an Oil & Gas company, Intercontinental Oil & Research for over a decade
-Founding partner of Liberty Capital International (LCI)
-Merrill stewarded LCI’s acquisitions of over $1.5Billion USD worth of Caspian Sea oil fields in Khuzestan
-Created Cambridge Financial Services Inc. one of California’s largest and successful Mortgage Banking firms
-Holds various state Broker licenses
-Served as President George W. Bush’s Honorary Chairman of the “House Majority Trust”
Vice President and Director – Charles C. Hooper
-Graduate Systems Engineer of the UCLA, Master of Science Degree and Doctorate in Finance from U.S. Naval Post Graduate School
-Began career as a reliability systems engineer for Litton Industries
Officer in the U.S. Navy, serving two tours in Viet Nam, receiving numerous medals and commendations
-Owner of Old Town Financial in La Jolla, California, designer, financier and developer of shopping centers, office buildings, resorts.
-Master planned communities, apartments, health clubs, single family homes and ranch estates valued over $500 Million USD
-Additionally arranged over $3.3 Billion USD in project financing for clients
-Registered Investment Advisor by age 21, has held securities, insurance and real estate licenses for over 36 years
-Over the past 10 years has been CEO of two publicly traded companies
NVGC Contact Info
Nevada Gold Corp
2683 Via de la Valle
Suite G418
Del Mar, CA 92014
Website: http://www.nvgoldcorp.net
Phone: 858-367-9008
Email: mmoses@nvgoldcorp.net
NVGC SEC Filings
http://www.otcmarkets.com/stock/NVGC/filings
NVGC Headlines
Investigate more about NVGC @ http://www.otcmarkets.com/stock/NVGC/quote for more due diligence.
News $NVGC to Immediately Send a Three-Man Crew to Northern Nevada's Diamond Jim Mine 11/14/13 http://finance.yahoo.com/news/nevada-gold-corp-immediately-send-120000077.html?soc_src=mediacontentstory
ReplyDelete$NVGC President's Message
ReplyDeleteMerrill Moses,
Message from the president:
I would like to thank all present and future shareholders for their interest in being part of Nevada Gold Corp. As I look to our future, I am excited to be part of Nevada’s newest gold trend, The Long Canyon Trend. Nevada State has always been the country’s leader in the exploration, development and production of gold and silver. Mining has always played a major role in Nevada’s employment and tax base.
We are very excited about our most recent option agreement to acquire a 75 percent interest in the former producing Diamond Jim Mine also located in the Northern Nevada. This former operation mine is rich in local history and was quite a going concern many years ago. Nevada Gold Corp intends to prioritize this exploration target as early as late September of this year. The former owners of the Diamond Jim Mine produced very encouraging results in the mid-1980's however metal prices at the time were significantly lower than 2013 prices. It's our desire to eventually re-enter the underground workings of the Diamond Jim mine to confirm these previous results. On our website we have posted old maps and results form the the former owners. We encourage shareholder to have a look at this data.
Nevada Gold Corp’s recent option agreement to acquire a claim block in the Long Canyon Trend is very timely. While our option properties are of a grass roots nature, they are located in an area of significant exploration activities from start-up exploration companies to that of global mining companies. Nevada Gold Corp’s first endeavour will be to complete a surface and air-born geological survey, to produce an exploration report for moving forward.
It is my intention to add to our existing and experienced board, other individuals with needed experience to help develop our company in the future. I will be looking to form an advisory committee outside of the board, in order to help guide Nevada Gold Corp with geological and corporate development skills.
Raising capital for exploration on our properties plays an integral role in moving forward. As there appears to be a modern day gold rush back to Nevada State and particularly in the Long Canyon Trend, this will work in our favour... It would also appear that gold prices are firming again as well, junior exploration companies are starting to attract the attention of investors. These encouraging developments should allow our management team a stronger likely hood to achieve our targeted exploration budget.
Again, I thank shareholders for their support and I encourage all of you to “check in” to our new website and other social media sites to follow the updates of our company as well as follow what is happening with the overall Long Canyon Trend gold discovery.
Merrill Moses
President, Nevada Gold Corp.
$NVGC engaged the services of Brian Brewer and Associates to conduct the exploration program and the writing of the NI 43-101 report for the Diamond Jim Mine
ReplyDeletehttp://finance.yahoo.com/news/qualifying-geologist-now-hired-evaluate-213000641.html?soc_src=mediacontentstory
$NVGC Security Details
ReplyDeleteShare Structure
Market Value1 $17,403,750 a/o Nov 12, 2013
Shares Outstanding 53,550,000 a/o Sep 16, 2013
Float Not Available
Authorized Shares 125,000,000 a/o Sep 16, 2013
Par Value 0.001
a/h $NVGC reports the 2013 fall exploration program on the newly optioned Diamond Jim Mine property
ReplyDeleteDEL MAR, Calif., Nov. 19, 2013 (GLOBE NEWSWIRE) -- Nevada Gold Corp (NVGC) President Merrill Moses is pleased to report the 2013 fall exploration program on the newly optioned Diamond Jim Mine property located in Northern Nevada is underway. Nevada Gold Corp's first priority (weather permitting) is to conduct a surface chip sampling program as well as locate and gather samples from the property's tailings dumps. The Company will unitize ALS Chemex Labs located in Elko, Nevada to provide assaying and analytical services for this project.
ALS Chemex Labs Inc. is internationally recognized for the services it provides for mining and mineral exploration companies in North America and internationally. ALS Chemex Labs Inc. is considered to be one of the most reputable geochemical and assaying laboratories operating around the world. Receiving and processing rock and soil samples in a timely manner is of the utmost importance and ALS Chemex Labs is located less than 70 miles from the Diamond Jim Mine project. Field supervisor for the Diamond Jim project expects samples to arrive at the Elko Chemex Lab facility on a daily basis. The Nevada Gold Corp team will be housed in Elko throughout the duration of phase one of this program.
http://finance.yahoo.com/news/nevada-gold-corp-announces-commencement-211500328.html?soc_src=mediacontentstory
$NVGC To date, Nevada State has produced over 200 million ounces of gold with NV accounting for almost 84% of the US annual gold production. http://www.nvgoldcorp.net
ReplyDelete$NVGC Market buzz: Why These Shares Jump:Nevada Gold Corp Intel Corporation, Tesla Motors Inc, Sprint Corporation, General Motors Company http://www.stockwatch.com/News/Item.aspx?bid=U-prenUK201311222407-U%3aNVGC-20131122&symbol=NVGC®ion=U
ReplyDeleteDiamond Jim Mine Historical Data Highlights Nov. 11, 2013 http://finance.yahoo.com/news/diamond-jim-mine-historical-data-120000203.html?soc_src=mediacontentstory
ReplyDelete$NVGC Staking Program Being Carried Out to Increase the Diamond Jim Mine Project a/h 11/22/13 http://finance.yahoo.com/news/staking-program-being-carried-increase-211500865.html?soc_src=mediacontentstory
ReplyDeleteThe Diamond Jim Mine - Overview
ReplyDeleteThe Diamond Jim Mine is located in the Island Mountain mining district in northern Elko County, Nevada state. The property consists of 33 lode claims encompassing 660 acres which are now held under an option agreement. This property is centrally located to a larger claim block that has been controlled and explored by several different exploration and mining companies off and on since 1962. The Diamond Jim mine was discovered in the late 1860’s and went into production in 1934 with serious production commencing in 1954. Previous “estimated” non-NI 43.101 compliant resources were 4.25 million tons grating 2 ounces of silver per ton. This estimate was defined in 1985 by Columbus Mines Inc. The “Non 43-101 compliant resource has an in ground gross, value of $182,750,000 million worth of silver.”
The Diamond Jim Mine lies near the northern flank of the Midas Trough metallogenic trend. This trend is host to several large and world-class deposits including the Midas-Ken Synder and Jerritt Canyon mines. Epithermal vein systems and “Carlin Type” sedimentary-hosted deposits are both found within the Midas Trough.
Locally, the Diamond Jim Mine is situated in an area of structurally and stratigraphically controlled silver-lead mineralization. The main structure is a northeast trending strongly silicified and brecciated vein that dips steeply to the west. Initial mapping indicates that this structure has a strike length of at least 6800 feet (2073 m). The high-grade epithermal mineralization is reported to be predominantly along imbricate thrust faults that occur at right angles to the main contact vein. That is, northeast striking with dips of 20 to 30 degree to the southeast. The silver mineralization occurs as argentiferous galena, sphalerite and tennantite as cavity filling, minor replacement pockets, stringers and replacement lenses. Values as high as 19.1 ounce per ton silver and 14.01 percent lead over a 3.7 foot wide vein have been reported.
$NVGC news - Completes Expansion Program at Nevada Mine Site http://www.stockwatch.com/News/Item.aspx?bid=U-z10059535-U%3aNVGC-20131126&symbol=NVGC®ion=U
ReplyDelete$NVGC graph of expansion program at the Diamond Jim Mine project http://media.globenewswire.com/cache/27842/file/23455.pdf
ReplyDeletehttp://www.stockwatch.com/News/Item.aspx?bid=U-z10059535-U%3aNVGC-20131126&symbol=NVGC®ion=U