Congo’s South Kivu governor suspends mining operations in province
The decision will hit artisanal miners of metals such as gold and tin hard, as they are the region's dominant producers.
Stevens Gold Nevada (CSE: SG) announced it has completed the staking of 72 new claims contiguous with its original Millennium gold property in western Arizona.
In a press release, the Canadian miner said the new claims were staked to encapsulate high gold assays from rock samples described in historic exploration reports and results from a review of in-house remotely sensed Aster survey data.
Millennium Gold is an early stage, underexplored low-sulphidation volcanic-hosted epithermal gold deposit
“Results from the Aster survey documented patterns of bedrock alteration commonly associated with epithermal style gold mineralization,” the media brief states. “These included widely developed and focused areas of iron oxide, silicification and clay-rich alteration which were used to guide claim staking.”
According to Stevens Gold, the acquisition of the new claims provides the company with new exploration targets that can be followed-up with prospecting, rock sampling and geophysical surveys followed by drilling.
Millennium Gold is an early stage, underexplored low-sulphidation volcanic-hosted epithermal gold deposit with geological similarities in style of mineralization and alteration to other nearby epithermal deposits including Equinox Gold’s Castle Mountain mine and Northern Vertex’s Moss mine.
