Bison Resources lodges Nevada gold drilling notice
- Bison Resources lodged a notice of intent with the US Bureau of Land Management for maiden drilling at its Bald Peaks Project in Nevada.
- The exploration company is preparing seven drill pads to test a 1.5 km Carlin-type gold-silver target at depths of approximately 300m.
- Drilling can begin as soon as 15 days after receipt of the notice once a reclamation bond is posted, with initial drilling targeted for December.
Bison Resources (ASX:BSR) has submitted a notice of intent to the US Bureau of Land Management to begin maiden drilling at its Bald Peaks Project in Nevada.
The regulatory filing allows the company to test a 1.5km Carlin-type geochemical target following a streamlined notice-level permitting process.
“Every piece of work at Bald Peaks – from our first rock chips to the recent magnetics – has strengthened the case to drill,” said Bison Resources CEO Tim Mackellar.
The programme includes seven drill pads designed to reach depths of around 300m across the prospective gold-silver target.
Further rock chip assays covering the southern extension area are expected by the end of October.
Following the announcement, the Bison Resources share price was unchanged at $0.38.
The Bald Peaks property sits within a regional setting known for hosting Carlin-type gold deposits.
The upcoming programme leaves an additional 4.7km of strike along the structural trend available for future exploration.
