Drill Results - Eastgate Gold Project, Nevada Southern Empire Resources Corp. (Southern Empire;
SOUTHERN EMPIRE RESOURCES CORP.
TSX-V: SMP
Frankfurt: 5RE
NEWS RELEASE
September 11, 2020
Drill Results - Eastgate Gold Project, Nevada
Southern
Empire
Resources
Corp.
(Southern
Empire;
TSX-V:
SMP;
Frankfurt:
5RE)
has
received
final
results
from
its
six
hole,
906
metre
(2,972
foot)
core
drill
program
at
its
Eastgate
Gold
Project
located
in
Churchill
County,
Nevada.
Southern
Empire’s
first-pass
core
drilling
program
of
the
Double
Eagle
high-grade
gold/silver
epithermal
vein
system, one of several vein systems at Eastgate, was designed to accomplish the following specific goals:
●
Test
the
zone
of
historical
Reverse
Circulation
(“RC”)
drill
assay
results
reported
by
past
operators
of
the
property,
including
both
on
section
with
historical
holes
and
to
within
55
metres
(180
feet)
both
northeast and southwest along strike.
●
Collect
specific
and
correlative
analytical,
structural
and
lithological
information
of
the
vein
system
while
incorporating accurate down hole survey control that only core drilling can provide
The
2020
drill
program
successfully
intercepted
the
target
vein
structure
in
all
holes,
however
failed
to
confirm
historical
RC
drill
results
at
the
Double
Eagle
vein
system.
Results
ranged
to
a
high
of
338
ppb
gold,
although
most samples returned values of less than 50 ppb Au.
The
2020
core
drilling
intersected
quartz
mineralization,
including
quartz
pseudomorphs
after
calcite,
calcite
and
trace,
fine
sulphides
within
broad
zones
of
clay
alteration
in
all
six
holes.
Analytical
metallic
screening
of
select
samples
indicated
that
the
gold
occurs
primarily
in
the
coarser
fraction,
however
does
not
provide
any
explanation
for
the
comparatively
low
2020
assay
results.
Hole
EG20-01
was
drilled
to
intersect
the
vein
system
within
approximately
3
metres
(10
feet)
of
historical
RC
hole
EG-04
intercept
that
reportedly
assayed
4.57
metres
of
11.8
g
Au/t
(15
feet
of
0.343
oz
Au/ton),
although
the
EG-04
was
subject
to
a
lack
of
both
surface
and
downhole
survey
control
during
the
1999
drilling.
Recoveries
from
the
2020
drilling
averaged
93%;
no
recovery
data is available from the historical RC holes.
All
core
was
logged
in
detail
and
submitted
to
ALS
USA
Inc.’s
laboratories
in
Reno,
Nevada
for
sampling
under
the
direction
of
Southern
Empire
personnel.
Except
for
hole
EG20-02
which
was
sampled
in
its
entirety,
and
selective
samples
were
collected
and
submitted
for
geochemical
analysis,
including
gold
by
fire
assay
with
atomic
absorption
finish
(FA-AA;
ALS
procedure
Au-AA23)
and
induced
coupled
plasma
(ICP;
ME-ICP61)
spectrometry
analyses.
This
was
subsequently
followed
up
with
metallic
screen
analytical
testing
(analysis
of
gold
relative
content
of
the
coarse
and
fine
fractions;
Au-SCR21:1kg
pulp
dry
screened
to
-106
microns,
duplicate
30g
assay
on
undersize
and
gravimetric
assay
of
entire
oversize
fraction).
Samples
were
typically
collected
from
1.52
m
(5.0
ft)
intervals,
with
a
small
number
of
1.52m
(5.0
ft)
intervals
broken
down
into
shorter
sample
lengths
to
reflect
vein geology.
QA/QC Standards
An
industry
standard
level
program
of
Quality
Control
and
Quality
Assurance
(“QA/QC”)
was
applied
to
drill,
core
and
sample
management
throughout
the
drill
program
at
a
rate
of
roughly
1:20,
consisting
of
duplicates,
inserted
gold
standards,
the
latter
including
mid-grade
standards
(0.511
g
Au/t
&
1.526
g
Au/t)
and
a
low
grade
standard
(0.030
g
Au/t)
and
blanks
(<0.002
g
Au/t).
Analysis
of
the
standards
and
duplicates
shows
a
good
rate
of
repeatability.
All
core
was
in
the
control
of
Southern
Empire
staff
and/or
ALS
laboratory
personnel
from
drill
site
to the assay lab.
Qualified Person
The
scientific
and
technical
information
contained
in
this
news
release
has
been
prepared,
reviewed
and
approved
by
David
Tupper,
P.Geo.
(British
Columbia),
Southern
Empire’s
VP
Exploration
and
a
Qualified
Person
within
the
context
of
Canadian
Securities
Administrators’
National
Instrument
43-101;
Standards
of
Disclosure
for
Mineral
Projects.
About Southern Empire Resources Corp.
Southern
Empire
is
focused
on
the
acquisition,
exploration
and
development
of
gold
deposits
in
the
American
southwest.
Southern
Empire
holds
an
option
to
acquire
a
75%
interest
in
the
Oro
Cruz
Gold
Project
in
the
Cargo
Muchacho
Mountains
of
Imperial
County,
southeast
California,
approximately
22.5
km
(14
miles)
southeast
of
the
Mesquite
gold
mine
of
Equinox
Gold
Corp.
The
Oro
Cruz
Gold
Project
currently
comprises
a
total
of
271
unpatented
lode
mining
claims
(~2,160
hectares;
5,338
acres),
13
unpatented
placer
mining
claims
(~105
hectares; 260 acres) and two State of California mineral prospecting permits (~518 hectares; 1,280 acres).
Extensive
historical
drilling
of
the
Oro
Cruz
Property
has
outlined
exploration
targets
over
an
existing
high-grade
gold
zone
as
well
as
nearby
satellite
deposits.
Based
on
historical
mining,
Oro
Cruz
oxide
gold
mineralization
is
amenable to conventional heap leach extractive methods.
Episodic
gold
mining
between
1877
and
1941
in
the
Cargo
Muchacho
gold
district,
which
included
in
order
of
importance,
the
Oro
Cruz
(Tumco),
American
Girl,
Cargo
Muchacho
and
Padre
y
Madre
mines,
produced
an
estimated
145,000
troy
ounces
of
gold.
The
most
recent
gold
production
from
the
Oro
Cruz
Property
was
during
1995
and
1996
when,
over
a
one-year
period,
the
American
Girl
Mining
Joint
Venture
produced
approximately
61,000
troy
ounces
from
oxide
material
extracted
by
both
open-pit
and
underground
mining
operations.
Owned
53%
by
MK
Gold
Co.,
a
subsidiary
of
Morrison
Knudsen
Corp.,
and
47%
by
Hecla
Mining
Co.,
the
joint
venture
subsequently ceased operations in 1996 due to low gold prices.
Southern
Empire
also
owns
a
85%
interest
in
the
Eastgate
Gold
Project,
which
is
comprised
of
101
unpatented
lode
mining
claims
covering
roughly
817
hectares
(2,020
acres)
located
approximately
81
kilometres
(50
miles)
southeast of the city of Fallon in Churchill County, Nevada.
On behalf of the Board of Directors,
Dale Wallster, CEO and Director
Southern Empire Resources Corp.
For further information please visit our website
www.smp.gold
or contact:
Lubica Keighery , (778) 889-5476, [email protected]
Cautionary Notice on Forward-Looking Information
Information
set
forth
in
this
news
release
may
contain
forward-looking
statements
that
are
based
on
assumptions
as
of
the
date
of
this
news
release.
All
statements,
other
than
statements
of
historical
fact,
that
address
activities,
events
or
developments
that
Southern
Empire
expects
or
anticipates
will
or
may
occur
in
the
future
are
forward-looking
statements
that
reflect
management’s
current
estimates,
beliefs,
intentions
and
expectations.
They
are
not
guarantees
of
future
performance.
Southern
Empire
cautions
that
all
forward-looking
statements
are
inherently
uncertain
and
that
actual
performance
may
be
affected
by
a
number
of
material
factors,
many
of
which
are
beyond
Southern
Empire’s
control.
Such
factors
include,
among
other
things:
risks
and
uncertainties
relating
to
Southern
Empire’s
limited
operating
history
and
the
need
to
comply
with
environmental
and
governmental
regulations.
Accordingly,
actual
and
future
events,
conditions
and
results
may
differ
materially
from
the
estimates,
beliefs,
intentions
and
expectations
expressed
or
implied
in
the
forward-looking
information.
Except
as
required
under
applicable
securities
legislation,
Southern
Empire
undertakes
no
obligation
to
publicly
update or revise forward-looking information or statements .
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 news release.