Eros Resources Corp. To Start Additional Exploration Work At bell Mountain, Permitting Stage Gold Mine Development Project
Eros Resources Corp. To Start Additional
Exploration Work At bell Mountain, Permitting
Stage Gold Mine Development Project
VANCOUVER, BC
,
Sept. 8, 2020
/CNW/ - EROS Resources Corp. ("EROS" or the "Company")
(TSXV: ERC) is pleased to announce that it is planning additional exploration and drilling at the Bell
Mountain, a permitting stage gold mine development project, located in
Churchill County, Nevada
"The purpose of the exploration programs is to potentially upgrade the existing resource
base at this active, permitting stage gold mine development project, Bell Mountain." stated
Ron Netolitzky
, CEO of the company
(For details about the current resource model, please
refer to the following web page;
https://www.erosresourcescorp.com/active-projects
)
Bell Mountain is operated by Bell Mountain Exploration Corp., a
Nevada
corporation, wholly owned
by EROS.
SOIL GEOCHEMICAL SURVEY TO IDENTIFY DRILL TARGETS
In an effort to identify satellite deposits of gold-silver mineralization at Bell Mountain, a soil
geochemical survey is planned to cover approximately 992 acres (401 hectares) in near proximity
and on trend with the known deposits.
Eros plans to collect 1,000 soil samples on a 200 ft x 200 ft sample grid. Where bedrock is present,
a rock-chip sample will be collected. Certified reference material, blanks, duplicates, and second-lab
check assays will be part of the quality control and assurance program. Targets will be determined
by anomalous gold in soil and favorable geology (silicification) where present. Reverse-circulation
exploration drilling will test targets as warranted.
Additional reverse-circulation drilling will include:
INFILL DRILLING
Select infill drill holes will be completed where cross sections indicate additional holes would add
internal confidence to the resource estimate.
STEP OUT DRILLING
Step-out drilling will be conducted where the edges of mineralization are locally open or projected
and untested.
CONDEMNATION DRILLING
A few condemnation holes are necessary to confirm barren ground where mine dumps are planned.
Most drill holes will be angle holes less than 300 ft in depth.
Qualified Person
Mr.
Jeffrey Wilson
of
Carson City, Nevada
, is a consulting geologist to Eros. Mr. Wilson is a
"Qualified Person" within the context of National Instrument 43-101, is responsible for the
preparation of this news release and has read and approved its technical aspects.
About EROS
Eros Resources Corp. is a Canadian public company listed on the Toronto Venture Exchange. The
Company's business objective is the identification, acquisition and exploration of advanced-stage
projects with a North American focus. In addition, the Company plans to make strategic investments
with a global focus on a diverse commodity base. EROS managements' expertise supports this
strategy.
Eros operates in the
USA
through its 100% owned subsidiary Bell Mountain Mining Corp., a
Nevada
corporation based in
Carson City Nevada
.
For further information, please contact:
EROS Resources Corp.
Ron Netolitzky
President and Chief Executive Officer
Phone: 604-688-8115
Forward Looking Statements
This release contains forward-looking statements. All statements, other than statements of
historical fact that address activities, events or developments that we believe, expect or anticipate
will or may occur in the future are forward-looking statements. These forward-looking statements
reflect our current expectations or beliefs based on information currently available to us. Forward-
looking statements in this release include, without limitation, statements with respect to: the closing
of the Private Placement and the use of proceeds from the Private Placement. Forward-looking
statements are subject to a number of risks and uncertainties that may cause our actual results to
differ materially from those discussed in the forward-looking statements and, even if such actual
results are realized or substantially realized, there can be no assurance that they will have the
expected consequences to, or effects on, us. Factors that could cause actual results or events to
differ materially from current expectations include, among other things, delays in obtaining or
failure to obtain required approvals to complete the Private Placement; and other risks related to
our business. Any forward-looking statement speaks only as of the date on which it is made and,
except as may be required by applicable securities laws, we disclaim any intent or obligation to
update any forward-looking statement, whether as a result of new information, future events or
results or otherwise. Although we believe that the assumptions inherent in the forward-looking
statements are reasonable, forward-looking statements are not guarantees of future performance
and, accordingly, undue reliance should not be put on such statements due to their inherent
uncertainty.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE
Eros Resources Corp.
View original content:
http://www.newswire.ca/en/releases/archive/September2020/08/c1194.html
%SEDAR: 00006156E
For further information:
EROS Resources Corp., Suite 420 - 789 West Pender Street, Vancouver,
British Columbia, T: 604-688-8115, w: www.erosresourcescorp.com; Investor Inquiries: Lubica
Keighery, VP Corporate Development, [email protected], c: 778-889-5476
CO: Eros Resources Corp.
CNW 08:00e 08-SEP-20