9.2 m at 3.2 g/t Au Boosts Eminent Gold Discovery; Veteran Advisor Hired
Eminent Gold’s Hot Springs Range drilling returned 9.2 m at 3.2 g/t Au across four oxide Carlin-type fault structures, highlighting world-class scale potential in Nevada. The company named Ivan Bebek as Strategic Advisor for Corporate Development and Finance, leveraging his track record and following Kinross’s 9.9 % equity investment.
1. Standalone Oxide Carlin-Type Discovery Elevates Project Potential
Eminent Gold has confirmed robust early drilling results at its Hot Springs Range Project in Nevada, highlighted by a 9.2-metre intercept grading 3.2 g/t gold (including a higher-grade 0.9 metre interval at 5.4 g/t) in hole HSC005. This intercept represents the best result to date on the Otis fault structure and follows previous results such as 7.9 m at 1.2 g/t Au in hole HSC004. True widths are estimated at a minimum of 60% based on structural core analysis, underlining the continuity of oxide mineralization. These findings mark the first drilling on two key fault‐hosted targets within multiple interpreted structures and position Eminent Gold for potential world-class scale in a jurisdiction that hosts over 200 million ounces of past gold production.
2. Strategic Appointment Bolsters Corporate Development and Finance
The company has appointed Ivan Bebek as Strategic Advisor for Corporate Development and Finance, leveraging his 25 years of experience in the junior mining sector. Bebek co-founded Keegan Resources (discoverer of the ~5 million-ounce Esaase deposit), Cayden Resources (sold for C$205 million), and Auryn Resources, guiding each through financing, discovery and monetization. His previous collaborations with President and CEO Dan McCoy underscore a proven track record of advancing projects from exploration through M&A, which is expected to accelerate funding and strategic partnerships for the Hot Springs Range discovery.
3. Kinross Investment Underscores Institutional Confidence
In 2025 Kinross Gold acquired a 9.9% equity position in Eminent Gold, reflecting major-league interest in the company’s new Carlin-style oxide trend. This institutional backing validates both the geological prospectivity and management’s execution, providing a marquee partner for potential joint ventures or project financing. Investors gain added confidence from Kinross’s due diligence and the alignment of strategic incentives ahead of larger-scale drill programs planned for Q2 and Q3 2026.