Nevada Sunrise Resamples 50.2 Metres of 1.013 Grams/Tonne Gold from Historical Drill Hole at the Griffon Gold Mine Project, Nevada
Nevada Sunrise Resamples 50.2 Metres of
1.013 Grams/Tonne Gold from Historical Drill
Hole at the Griffon Gold Mine Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - March 10, 2026) -
Nevada Sunrise Metals
Corporation
(
TSXV: NEV) (OTC Pink: NVSGF
) (
"Nevada Sunrise" or the "Company"
) is pleased
to announce that it has received results from a comprehensive, multi-element geochemical resampling
program of four (4) historical holes drilled at the Griffon Gold Mine Project ("
Griffon
", or the "
Project
") in
White Pine County, Nevada, USA. The holes were drilled in 2020 by Fremont Gold Ltd. ("
Fremont
") but
were analyzed only for gold. The results of the 2025 resampling correspond well with the gold analyses
from mineralization intersected in the 2020 drilling and all four holes reveal the presence of classic
pathfinder elements associated with Carlin-type gold deposits.
Highlights of the 2025 Geochemical Resampling Program
Nevada Sunrise based its Fall 2025 surface exploration program on the results of AI-generated analysis
by VRIFY Technology Inc. ("
VRIFY
") of the extensive historical Griffon geological and geophysical
database for the Project (see Nevada Sunrise news release dated
December 18, 2025
). The 2025
work included a resampling and reanalysis of historical reverse circulation drill cuttings from the 2020
drilling program carried out by Fremont.
Nevada Sunrise obtained access to samples from four holes stored in a secure storage facility,
and in December 2025 selected 205 residual pulps for 52-element reanalysis to provide superior
geochemistry for sections of holes GF20-1, GF20-2, GF20-3 and GF20-7B, representing
approximately 305 metres (1,000 feet) of drill cuttings;
The Company's reanalysis corresponded well with Fremont's gold result from hole GF20-3, a
vertical hole drilled to a depth of 165 metres (541 feet), which was collared within the unmined
Anvil Zone on the southern edge of the Hammer Ridge pit (see Figure 1). In July 2020, Fremont
reported gold values in near-surface oxide gold mineralization of 1.05 grams/tonne ("
g/t
") gold
over 50.2 metres - the 2025 analysis by Nevada Sunrise returned
1.013 g/t gold over the same
interval of 50.2 metres
from 25.9 to 79.2 metres (85 to 260 feet), including
1.97 g/t gold over
10.7 metres
from 64.0 to 74.7 metres (210 to 245 feet), and a peak value of
3.09 g/t gold over
1.5 metres
from 68.6 to 70.1 metres (225 to 230 feet) (see Table 1).
The Company's reanalysis of an 82.32 metre (270 foot) section of Fremont's hole GF20-2, a 45-
degree angle hole drilled to a depth of 170 metres (558 feet) to the north of the Discovery Ridge
Pit, duplicated the 2020 result with gold values of
0.30 g/t gold over 30.5 metres
(100 feet),
including
0.68 g/t gold over 7.7 metres
from 21.3 to 29 metres (70 to 95 feet) and having a peak
value of
0.954 g/t gold over 1.5 metres
from 22.9 to 24.4 metres (75 to 80 feet).
The pathfinder element geochemistry results in hole GF20-3 show a strong correlation between
gold and anomalous values for arsenic, antimony, mercury, thallium and tellurium, all of which are
known to be associated with the geochemical footprint of Carlin-type gold deposits and can
provide a vector to gold mineralization.
In sections of the two 2020 Fremont holes that showed strong alteration but no significant gold
mineralization (holes GF20-1 and GF20-7B), highly anomalous values of pathfinder elements
suggest that the holes were drilled within an alteration halo peripheral to a gold-mineralized zone.
Values of pathfinder elements that are widely considered to be highly anomalous include: arsenic
>98 ppm; mercury >1.2 ppm; antimony >20 ppm; and thallium >1.2 ppm.
1
"The results of our reanalysis not only confirm the gold results from the most recent exploration drilling at
Griffon, but also provide valuable insight into the sub-surface distribution of pathfinder elements that can
help lead us to locating new mineralization at the Project," said Warren Stanyer, President and CEO of
Nevada Sunrise. "For the first time, these Carlin-type deposit pathfinder elements are clearly identified
at Griffon and this information will be used as a vector for choosing new drill targets."
Figure 1:
Griffon 2020 Drillholes and Proposed Drillhole Locations
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2799/287894_7f1fbb5624e7d8b6_0001full.jpg
Table 1.
2025 Resampling Results of Historical Hole GF20-3
Hole GF20-03
2025 Sample
From
(Feet)
To
(Feet)
From
(Metres)
To
(Metres)
Gold
(g/t)
Arsenic
(ppm)
Mercury
(ppm)
Antimony
(ppm)
Tellurium
(ppm)
Thallium
(ppm)
1546251
95
100
29.0
30.5
0.887
137.6
0.25
6.27
0.14
49.272
1546252
100
105
30.5
32.0
1.260
145.8
0.54
9.23
0.18
>100
1546253
105
110
32.0
33.5
0.933
131.7
0.47
7.61
0.21
33.962
1546254
110
115
33.5
35.1
0.571
131.9
0.32
5.88
0.18
68.346
1546255
115
120
35.1
36.6
0.176
88.5
0.08
2.18
0.10
9.617
1546256
120
125
36.6
38.1
0.515
134.7
0.21
4.82
0.16
>100
1546257
125
130
38.1
39.6
0.725
163.1
0.29
6.82
0.16
74.807
1546258
130
135
39.6
41.1
0.343
147.7
0.19
3.55
0.12
9.157
1546259
135
140
41.1
42.7
0.079
48.9
0.06
1.25
0.05
4.998
1546260
140
145
42.7
44.2
0.056
44.1
0.05
0.94
0.05
1.975
1546261
145
150
44.2
45.7
0.282
114.8
0.22
4.38
0.11
3.276
1546262
150
155
45.7
47.2
0.292
126.1
0.19
4.14
0.13
10.048
1546263
155
160
47.2
48.8
0.448
130.1
0.35
6.89
0.21
15.202
1546264
160
165
48.8
50.3
0.659
156.7
0.52
9.93
0.24
86.981
1546265
165
170
50.3
51.8
1.800
282.7
0.70
18.22
0.41
>100
1546266
170
175
51.8
53.3
1.270
231.0
0.64
15.67
0.37
91.047
1546267
175
180
53.3
54.9
1.160
195.3
0.48
13.65
0.31
73.624
1546268
180
185
54.9
56.4
1.210
209.6
0.63
12.52
0.33
77.746
1546269
185
190
56.4
57.9
1.820
216.5
0.58
16.21
0.38
>100
1546270
190
195
57.9
59.4
0.523
120.4
0.33
7.21
0.17
90.881
1546272
195
200
59.4
61.0
0.628
118.8
0.36
8.47
0.20
90.778
1546273
200
205
61.0
62.5
1.250
195.1
0.43
13.99
0.35
>100
1546274
205
210
62.5
64.0
0.507
132.4
0.33
8.15
0.25
>100
1546275
210
215
64.0
65.5
1.600
236.1
0.51
15.10
0.36
>100
1546276
215
220
65.5
67.1
1.920
512.3
1.35
29.04
0.77
>100
1546277
220
225
67.1
68.6
2.900
509.7
1.99
35.23
0.89
>100
1546278
225
230
68.6
70.1
3.090
557.5
2.12
46.45
0.95
>100
1546279
230
235
70.1
71.6
1.910
420.7
1.35
24.88
0.78
46.179
1546280
235
240
71.6
73.2
1.290
287.4
0.73
13.92
0.59
20.806
1546281
240
245
73.2
74.7
1.080
185.2
0.51
10.08
0.45
>100
1546282
245
250
74.7
76.2
0.530
143.4
0.37
7.48
0.81
51.045
1546283
250
255
76.2
77.7
1.240
160.6
0.42
9.35
0.70
18.675
1546284
255
260
77.7
79.2
0.501
122.3
0.14
4.22
0.72
57.019
Griffon Permitting Update
In late September 2025, Nevada Sunrise submitted a Plan of Operations (the "
Plan
") for Griffon to the
United States Forest Service (the "
USFS
") to advise the USFS of the Company's proposed surface
disturbance and 2026 drilling plans at Griffon. The Plan proposes drill sites that are consistent with
previously-permitted sites (see Figure 1), which were first approved by the USFS in 2013 after biological
and archaeological studies were completed by previous operators. Correspondence from the USFS in
February 2026 indicated that its comments are forthcoming regarding the drill targets proposed by the
Company and Nevada Sunrise awaits their receipt.
About Griffon
Griffon hosts a past-producing gold mine and is located within the Battle Mountain-Eureka Gold Belt, a
prolific trend that contains numerous gold mines and deposits. The Project is located approximately 50
kilometres (33 miles) southwest of Ely, Nevada and consists of 89 unpatented mineral claims totaling
approximately 1,780 acres (720 hectares). Griffon is situated within a 60 kilometre (40 mile) section of
the Battle Mountain-Eureka Belt, which hosts operating gold mines and significant gold deposits (see
Figure 2).
In February 2025, the Company entered into a mining lease to purchase Griffon from an arm's-length
party (see Nevada Sunrise news release dated
February 20, 2025
).
Gold was mined at Griffon in two
open pits from 1998 to 1999 and was reported to have produced 62,661 ounces of oxide gold until its
premature closure in 1999, a year when the price of gold averaged approximately US$278 per ounce.
3
Figure 2:
Griffon's Location in the Battle Mountain-Eureka Gold Belt
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2799/287894_7f1fbb5624e7d8b6_0002full.jpg
For more information about Griffon, including maps and photos, visit the Company's website at:
www.nevadasunrise.ca
References:
1
"Mapping the Carbonate Alteration Footprint of the Cortez Hills Carlin-Type Gold Deposit, Nevada, Using Carbon-Oxygen Stable Isotopes and
Geochemistry as a Vectoring Tool", Herron, C.S., 2014.
2
"Major Mines of Nevada", Nevada Division of Minerals, published 1998 and 1999.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved
by Robert Allender Jr, CPG, SME and a Qualified Person for Nevada Sunrise as defined in National
Instrument 43-101 -
Standards of Disclosure
for Mineral Projects
. Mr. Allender has examined
information regarding the historical, current and proposed exploration at Griffon, which includes his
review of the current and historical sampling, analytical procedures and results underlying the information
and opinions contained herein.
Resampling of the 2020 drill cuttings was supervised by a senior geological consultant to the Company.
Samples were submitted to American Assay Labs in Sparks, Nevada and analyzed by Four Acid
digestion, which includes nitric acid (HNO
3
), hydrofluoric acid (HF), hydrochloric acid (HCl), perchloric
acid (HClO
4
), boric acid solution (H
3
BO
3
) and deionized water. Digested samples are then
subsequently run on ICP-OES (Inductively Coupled Plasma Optical Emission Spectrometry) plus ICP-
MS (Inductively Coupled Plasma Mass Spectrometry). Gold analyses were conducted by Fire Assay.
Management cautions that published historical results were collected and reported by operators
unrelated to Nevada Sunrise and have not been verified nor confirmed by its Qualified Person; however,
the historical results create a scientific basis for ongoing work at the Griffon property. Management
further cautions that historical results, discoveries and published resource estimates on adjacent or
nearby mineral properties, whether in stated current resource estimates or historical resource estimates,
are not necessarily indicative of the results that may be achieved on the Griffon property.
About Nevada Sunrise
Nevada Sunrise is a junior mineral exploration company with a strong technical team based in
Vancouver, BC, Canada, that holds interests in gold, copper and lithium exploration projects located in
the State of Nevada, USA.
Nevada Sunrise holds the right to purchase a 100% interest in the
Griffon Gold Mine Project
, located
approximately 50 kilometers (33 miles) southwest of Ely, NV.
Nevada Sunrise holds the right to earn a 100% interest in the
Coronado Copper Project
, located
approximately 48 kilometers (30 miles) southeast of Winnemucca, NV.
Nevada Sunrise owns 100% interests in the
Gemini West, Jackson Wash
and
Badlands
lithium
projects, all of which are located in the Lida Valley in Esmeralda County, NV.
As a complement to its exploration projects in Esmeralda County, the Company owns
Nevada Water
Right Permit 86863,
also located in the Lida Valley basin, near Lida, NV.
For Further Information Contact:
Warren Stanyer, President and Chief Executive Officer
email:
Telephone: (604) 428-8028
Website:
www.nevadasunrise.ca
FORWARD-LOOKING STATEMENTS
This release may contain forward-looking statements. Forward looking statements are statements that are not historical facts and are generally,
but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar
expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and include disclosure of anticipated exploration
activities. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements.
Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were
made. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new
information, future events or otherwise.
Such factors include, among others, risks related to:
the results of the VRIFY study seeking new target areas at Griffon; the anticipated benefits of
integration of new exploration results with the VRIFY results; the ability of the Company to raise funds for exploration activities, permitting and
property maintenance costs at Griffon; reliance on technical information provided by third parties on any of our exploration properties; changes in
project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or
recovery rates; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; labor disputes and other
risks of the mining industry; delays due to pandemic; delays due to weather events; delays in obtaining governmental approvals, financing or in the
completion of exploration, as well as those factors discussed in the section entitled "Risk Factors" in the Company's Management Discussion and
Analysis for the Three Months ending December 31, 2025,
which is available under Company's SEDAR profile at:
www.sedarplus.ca
.
Although Nevada Sunrise has attempted to identify important factors that could cause actual actions, events or results to differ materially from
those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated
or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially
from those anticipated in such statements. Nevada Sunrise disclaims any intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-
looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
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