on Golden Lake Exploration Inc. (NASDAQ:GOLXF)
Golden Lake Finalizes Drill Program at Jewel Ridge in Nevada
Golden Lake Exploration Inc. has concluded its autumn drilling initiative at the Jewel Ridge property, strategically positioned within Nevada's prominent Battle Mountain-Eureka gold trend. The site benefits from its proximity to existing infrastructure and is contiguous to well-known exploration projects by North Peak Resources Ltd. and i-80 Gold Corp.
The recent program covered 1,756 meters via five drill holes, targeting IP anomalies and historic mines in the South Eureka Gold Belt. The exploration unveiled numerous oxidized gossanous zones, notably a promising 7.60-meter section in hole JR-24-54, rich in iron oxide within the Hamburg Dolomite, a critical mineralization host in Eureka.
Mineral samples have been dispatched to Paragon Geochemical Laboratories for analysis, with some prioritized for expedited results expected in two weeks. Further announcements will follow as data becomes available.
R. H.
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