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Eminent Gold

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Eminent Gold is a gold exploration company focused on creating shareholder value through the exploration and discovery of world-class gold deposits in Nevada.

Investor website: https://eminentgoldcorp.com/

About

Eminent Gold is a gold exploration company focused on creating shareholder value through the exploration and discovery of world-class gold deposits in Nevada. Its multidisciplinary team has had multiple successes in gold discoveries and brings expertise and new ideas to the Great Basin. The Company’s exploration assets in the Great Basin include: Hot Springs Range Project, Celts and Gilbert South.

Verified company data

Cash position
C$1.2M
Shares outstanding
83537936
Fully diluted shares
94641764
Projects
["Hot Springs Range Project\n\n### Deposit Type\n\nCarlin-type Au\n\nLow-sulfidation epithermal Au\n\n### Historic Production/Resource\n\nNA\n\n### Geology\n\nMississippian-age calcareous sediments and andesites thrust over Permian phyllites. Host rocks coincide w/ crustal-scale subvertical faults.\n\n### Land Package\n\n4,311 Ha\n\n### Exploration Target\n\nOpen-pit gold (oxide)\n\n### Geochemistry\n\nSoil sampling,\n\nSurface rock chips\n\n### Mapping\n\n1:10,000 scale geologic map\n\n### Previous Explorers\n\nNA\n\n### Geophysics\n\nCSAMT, Gravity\n\n### Drilling\n\n4 Core Holes Completed\n\n### Permitting\n\nBLM Notice Level (Otis)\n\nBLM Notice Level (Eden)\n\n### Key Statistics: Property Location, Size and Exploration Maturity\n\nThe Hot Springs Range Project (HSRP) area is in northern Humboldt County, Nevada, and comprises 521 federal lode claims on BLM land, totaling 4,311 hectares. It is located 50 km northeast of Winnemucca, NV, and 15 km northwest of Nevada Gold Mines’ Turquoise Ridge Complex in the Getchell Trend. The prospect lies within the Poverty Peak mining district, where minor mercury and antimony production occurred primarily east of HSRP (Bailey and Phoenix, 1944). While there has been limited gold exploration in the area (Master, 2017), there is no evidence that any other company recognized or followed up on the regional concept that led Milliard Geological Consultants (MGC) to stake the property (see Discovery section below). Eminent has completed the option agreement with MGC and now controls the known portion of this emerging Carlin‑style trend through its district‑scale HSRP land package. In May 2025, Kinross became early‑stage investors in Eminent and recently staked additional claims to the north of HSRP.\n\n### Overview of the Opportunity\n\nThe Hot Springs Range Project has progressed from a completely unknown, untested target to the first new stand‑alone Carlin‑type oxide gold discovery since the Cortez Hills deposit in 2003 (Hays, 2004). As such, it represents an opportunity to create value in the only new trend emerging within an otherwise mature gold region. The Carlin districts of Nevada host one of the highest concentrations of large gold deposits on Earth, with 255 Moz of endowment and approximately 5% of global annual gold production (4.5 Moz; Muntean, 2020). A newly identified Carlin‑type trend is therefore both unique and highly valuable.\n\nEminent recently released a core drill intercept of 9.2 meters grading 3.2 g/t Au, hosted in deformed mafic volcanics and limestone—lithologies and deformation styles similar to key host units in the Getchell Trend (Figure 2), which has 28 Moz of production, 20 Moz M+I at 5.4 g/t, and 1.6 Moz inferred at 3.2 g/t.\n\nTurquoise Ridge—containing 7.1 Moz at 10 g/t (underground) and 1.8 Moz at 2.1 g/t (surface) as of year‑end 2024 (Fiddes et al., 2025)—is the closest Carlin‑type gold mine to HSRP and exhibits similar structural controls (intersection of NE‑ and NW‑trending structures; Figures 1, 2) and comparable host lithologies.\n\nHSRP contains the northernmost exposure of Paleozoic rocks in the region, one of the key reasons the USGS identifies the area as highly prospective for Carlin‑type mineralization (Figure 3) (Mihalasky, 1999; Mihalasky, 2001), placing it within a zone ranked highest for mineral potential. The fact that this intersection of major mineralized belts, combined with highly prospective host rocks, had never been systematically explored is remarkable. The Company’s subsequent success is now providing confirmation of the district’s potential.\n\n### Discovery Concept\n\nThe discovery concept developed by Milliard Consulting Group—and the basis for staking the property before optioning it to Eminent—was that long‑lived faults in north‑central Nevada were reactivated during mineralization and remain active today (Muntean et al., 2018). This framework suggested that air‑photo interpretation across both bedrock and pediment could be used to identify these persistent structures. During the Carlin mineralization event, ore‑forming fluids migrated upward along these structures and, where favorable host lithologies were present, deposited large Carlin‑style gold systems (Figure 4).\n\nSince acquiring the property, the Company has confirmed its prospectivity at every stage—through mapping, geochemistry, geophysics, and, subsequently, drilling. It has identified what it believes to be two well‑defined drill targets: Otis, which has already delivered a substantial intercept (Figure 1), and Eden, which is scheduled for drilling in 2026.\n\n### Regional Geology\n\nThe geology of north‑central Nevada is highly complex, reflecting a long and varied geologic history (Milliard and Schranz, 2021). As noted in the previous section, the persistence of long‑lived faults — still recognizable today — highlights a history defined by repeated cycles of passive‑margin sedimentation followed by orogenic compression that produced extensive fold‑and‑thrust terranes. Subsequent back‑arc extension and Eocene magmatism provided the heat needed to reactivate earlier faults and drive large volumes of hydrothermal fluid flow. These fluids mobilized metals and moved through both reactivated structures and newly formed extensional faults, allowing them to permeate the crust and interact with reactive volcanic and sedimentary rocks that had been strongly folded and thrusted during earlier orogenic events.\n\nFollowing mineralization, post‑mineral extension shaped the Basin and Range physiography of Nevada and generated rift systems that produced basaltic magmatism and, locally, high‑grade low‑sulfidation vein deposits such as Midas and Fire Creek (Figures 5, 6, 7). Thus, exploration targeting requires identifying both the right structures and the right host rocks (Figure 8).\n\n### Project Geology, Hydrothermal Alteration and Geochemistry\n\nAs shown in Figures 1 and 2, the potential of the HSRP was first recognized through its structural similarity to the Getchell Trend and confirmed by statistical analysis (Figures 2–4). However, a Carlin‑type system also requires a suitably reactive host rock and significant pre‑mineral deformation to create pathways for hydrothermal fluids.\n\nThe geology of the HSRP (Figure 8) consists of late Paleozoic rocks that have been extensively deformed. The Home Ranch Terrane (HRT) contains lenses of basaltic andesite interlayered with large boudins of limestone. This combination provides both the iron‑rich volcanic component and the carbonate material released from decalcified limestone veins, which subsequently permeated the volcanic rocks.\n\nThe geochemistry shown consists of soil and rock samples collected across the western portion of the property, with most anomalies occurring within the HRT. Pediment soils were collected at the Eden prospect in the eastern portion of the property, where Paleozoic rocks are covered by post‑mineral basalt and alluvium. A notable Quaternary fault system aligned with the alluvium–basalt contact was identified in air photos and confirmed in the field by fault scarps and mud volcanoes. This structure is further supported by linears interpreted from gravity offsets and is also anomalous in gold.\n\n### Core Drilling\n\nIn 2025, Eminent completed four core holes to test the Otis structure and the Little Humboldt Fault (Figure 16). All four holes intersected gold mineralization, demonstrating that both the NE‑ and NW‑trending faults are carrying gold. These results validate the geology, geochemistry, and geophysics outlined in the previous sections.\n\nThe hole confirmed the paragenesis of alteration and mineralization shown in Figure 9 and described in its caption. Figure 17 shows a core interval from HSC005, while Figure 18 presents a bar graph of the sample grades within the intercept, illustrating that gold mineralization is evenly distributed throughout the interval."]
Leadership
Daniel McCoy PhD Geology (President, CEO, Chief Geologist & Director, Dr. Dan McCoy has worked extensively in the mineral sector for over 30 years, specializing in precious metals exploration, primarily in North and South America, and in Africa. He was the President and CEO of Keegan Resources Inc. and has served as Chief Geologist for Cayden Resources Inc. and Torq Resources Inc.), Justin Milliard PhD Geology (Vice President, Exploration, Justin Milliard is an economic geologist with more than 20 years of exploration and production experience across North and South America, focusing on Carlin-type and epithermal gold systems. He holds a Ph.D. in Economic Geology and has held senior technical roles at Klondex Mines Ltd. and AngloGold Ashanti.), Martin Bajic CPA, CA (CFO, Mr. Bajic holds a B.A. and Diploma in Accounting from UBC and is a member of the Chartered Professional Accountants of B.C. He has over a decade of experience serving as a director, chief financial officer, or consultant to numerous public companies.)

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