Phoenix, Arizona--(Newsfile Corp. - April 7, 2022) - The Stock Day Podcast welcomed Nevada Exploration Inc. (OTCQB: NVDEF) (TSXV: NGE) ("the Company"), a company disrupting Nevada's exploration industry by applying new technology to systematically explore for the second half of Nevada's gold endowment waiting to be discovered beneath Nevada's valley basins. CEO of the Company, James Buskard, joined Stock Day host Everett Jolly.
"Could you give us an update on your current drilling program?", asked Jolly to begin the interview. Buskard elaborated on the Company's ten-hole drilling program designed to validate the primary target at their flagship South Grass Valley project. "These first couple of holes are really hitting it out of the park in terms of confirming geologically that we have a good handle on what is happening," shared Buskard. "We are transitioning from this first phase to now continuing on with the balance of the holes, which is to make sure we have a constellation of ten drill holes to assess this target for what we believe could potentially be a globally significant discovery."
"To continue to de-risk the project, we've partnered with a new drilling company called Drill NV Inc.," explained Buskard. "They have given us the guarantee that they are going to hit our target depths, or else they will not get paid," he said. "Drill NV is also taking a 25% equity piece in the payment because they really believe in the project."
Jolly then asked about the addition of Nancy Richter to the Company's board. Buskard elaborated on Richter's extensive exploration experience in Nevada, as well as her contributions to one of the most significant discoveries over the last ten years. "It was a fantastic match and we feel very fortunate to be able to work with Nancy and advance these projects."
"Could you tell us more about the strategic partnership with Astro Resources?", asked Jolly. "With Astro, we have agreed to an area in Nevada, which we believe is very prospective, and Astro has the ability to move a number of targets forward within this million-acre box whereby we get to enjoy a 30% carried interest."
"We're excited to be able to add what we expect to be a number of new projects into the pipeline," continued Buskard. "We believe this is going to be an opportunity for our shareholders to take additional rides on a number of other projects."
Jolly then commented on the Company's current valuation, which remains undervalued. "We're really going into company-making strategies," said Buskard. "We're going into a prolific search space that hasn't yet been explored, that has a significant residual endowment of potentially globally significant discoveries, and then using the best science over a very large area to come up with a systematic approach."
"I believe our ongoing work at South Grass Valley is going to continue to unlock a lot of value in terms of validating our exploration model, as well as being able to introduce additional projects through strategic partnerships," continued Buskard.
To close the interview, Buskard discusses the potential of the Company's current drilling program, which has now been validated by the results of their progress. He also encouraged listeners and shareholders to keep up-to-date on the Company's current and upcoming projects as they continue to execute on their strategic plans and create value.
To hear James Buskard's entire interview, follow the link to the podcast here: https://audioboom.com/posts/8062728-nevada-exploration-inc-discusses-new-strategic-partnerships-and-2022-drilling-program-with-the-s
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About Nevada Exploration Inc.
Led by an international team of proven explorers, NGE is disrupting Nevada's exploration industry by applying new technology to systematically explore for the second half of Nevada's gold endowment waiting to be discovered beneath Nevada's valley basins. NGE is advancing a portfolio of new gold exploration projects, primarily focused on three district-scale Carlin-type gold projects, which include its flagship South Grass Valley project where it is currently drilling approximately 50 kilometres south-southwest of the Nevada Gold Mines (Barrick Gold Corp. and Newmont Corporation joint venture) Cortez complex.
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For further information, please contact:
Nevada Exploration Inc.
Email: info@nevadaexploration.com
Telephone: +1 (604) 601 2006
Website: www.nevadaexploration.com
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.
Cautionary Statement on Forward-Looking Information:
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws, including, without limitation, expectations, beliefs, plans, and objectives regarding projects, potential transactions, and ventures discussed in this release.
In connection with the forward-looking information contained in this news release, the Company has made numerous assumptions, regarding, among other things, the assumption the Company will continue as a going concern and will continue to be able to access the capital required to advance its projects and continue operations. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.
In addition, there are known and unknown risk factors which could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in mineral exploration, the need to obtain additional financing, environmental permits, the availability of needed personnel and equipment for exploration and development, fluctuations in the price of minerals, and general economic conditions.
A more complete discussion of the risks and uncertainties facing the Company is disclosed in the Company's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
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