Golden Lake Exploration has initiated a drilling programme at its Jewel Ridge gold-silver-zinc-lead property in the highly productive Battle Mountain-Eureka gold trend in Nevada, US.
The company has engaged HD Drilling Services to execute the 1,700m drilling project, targeting four to five high-priority areas.
The Battle Mountain-Eureka Gold Trend, known for its significant gold production, has yielded more than 40 million ounces of gold to date.
Golden Lake aims to explore the potential of its property within this gold belt.
Expected to span two to three weeks, the drilling focuses on IP anomalies identified from 2024 surveys.
These anomalies are in geological and structural settings conducive to Carlin-type disseminated gold deposits and carbonate replacement deposits.
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By GlobalData
These deposit types are characteristic of the South Eureka Gold Belt, where Jewel Ridge is positioned.
The selected drill targets are not only based on the IP anomalies but also include areas around historic mines with high precious and base-metal assays.
Golden Lake’s Jewel Ridge property benefits from its proximity to infrastructure and is adjacent to other successful exploration programmes by North Peak Resources and i-80 Gold on their Prospect Mountain and Ruby Hill properties, respectively.
In August 2024, the company’s plan for operations was accepted by the US Bureau of Land Management in preparation for diamond drilling at the Jewel Ridge property.
At that time, Golden Lake CEO Mike England said: “The plan of operations is a big asset for Golden Lake moving forward. We are very excited to get drilling our first four priority, deeper targets at Jewel Ridge, which to date has seen only shallow holes over the years.”
