Eminent Gold reports drilling results, names new CEO

Eminent Gold Corp. (TSXV: EMNT) reported drilling results from its Hot Springs Range Project in Nevada and announced the appointment of Dan McCoy as president and chief executive officer.

The company said drillhole HSC005 at its Otis target intersected 9.2 meters of 3.2 grams per tonne gold. The intercept included higher-grade sections of 0.9 meters at 5.4 grams per tonne and 1.1 meters at 4.6 grams per tonne gold.

The drilling program has completed four core holes at the Otis target, with all holes intersecting oxide gold mineralization. The project is located approximately 15 kilometers northwest of Nevada's Getchell Trend.

McCoy, who previously served as the company's chief geologist and director, replaces Paul Sun as CEO. Sun will transition to a director role. McCoy previously led Keegan Resources, which discovered the Esaase gold deposit in Ghana, and served as chief geologist for Cayden Resources, which was acquired by Agnico Eagle for $205 million in 2014.

"Our fourth hole (HSC005) is a breakthrough intercept for the project due to the consistency and length of high-grade oxide gold mineralization," McCoy said in a statement.

The mineralization is hosted within Mississippian volcanic rocks and limestone. The company plans to transition to reverse-circulation drilling in 2026 to test additional targets at the property.

Eminent Gold trades on the TSX Venture Exchange, OTCQB, and Frankfurt Stock Exchange. The information is based on a company press release.

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