Today, NevGold Corp. made a landmark announcement of securing 20 km2 of prime territory adjacent to the Mineral Project from Hercules Silver Corp. (TSX.V: BIG) in the emerging Hercules Copper Trend of Washington County in Idaho. Named “Zeus“, this new project positions NevGold strategically, just 20 km away from Hercules‘ major copper porphyry discovery. NevGold‘s move comes in the wake of Barrick Gold Corp.‘s substantial $30 million investment into Hercules, signaling a wave of confidence in the region‘s potential. The Zeus Copper Project covers some of the most prospective ground within the Hercules Copper Trend, boasting geological similarities to the renowned Hercules discovery. With historical significance as a copper producer and extensive geological mapping validating its potential, the Zeus Project area, named “Mineral District”, holds immense promise, with NevGold‘s recent work program already yielding promising finds of copper mineralization and porphyry copper alteration during the company‘s staking campaign over recent months.
Rockstone is a research house specialized in the analysis and valuation of capital markets and publicly listed companies. The focus is set on exploration, development and production of resource deposits as well as marcoeconomic analysis of commodity and currency markets. Our international team of five analysts bring our German and English speaking readership a wealth of experience from the commodity markets: Stephan Bogner (mining analyst), John P. Barry (professional geologist), Chris Berry (macroeconomist), Prof. Dr. Hans Bocker (award-winning book author), and Boris Gerjovic (fundamental analyst).
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