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Riley Gold advances Nevada PWC project with Kinross JV | Hilditch

Riley Gold (TSXV: RLYG) is advancing exploration at its Pipeline West/Clipper (PWC) project in Nevada’s Cortez trend under a joint venture with Kinross, which can earn up to 75% by spending $20 million USD. Speaking with Kitco Mining, CEO Todd Hilditch described the project’s location as “elephant country,” within a district that hosts “50 million ounces of past production, current reserve” across Nevada Gold Mines’ Cortez and Pipeline complex. Early drilling has intersected mineralization ranging from “half gram up to two and a half gram per ton” in the upper plate, with exploration focused on targeting higher-grade zones at depth. Hilditch said the program is designed to confirm that “we're vectoring in on the source,” as drilling continues to step out across a largely underexplored extension of the trend. A Plan of Operations submitted to the Bureau of Land Management could allow for up to 400 drill holes as the project advances.

Guests: Todd Hilditch
Source: Kitco Mining
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