Montana Gold Mining Company Inc.: Geologic Paper Published on the Golden Trail Project, Nevada at the Geological Society of Nevada's 2015 Symposium
(firmenpresse) - LONDON, ONTARIO -- (Marketwired) -- 05/19/15 -- Montana Gold Mining Company Inc. ("MGM" or the "Company") (CSE: MGM) is pleased to announce that a comprehensive geologic paper on the Company's Golden Trail Project, Elko County, Nevada ("Golden Trail") has been accepted and is now published as part of the proceedings of the Geologic Society of Nevada's ("GSN") 2015 Symposium, May 18-23, 2015 in Reno, Nevada.
The paper was placed by the GSN under the Carlin-type Deposit section of the GSN Proceedings and is titled "Geologic Setting of Gold Mineralization at the Golden Trail Project, Northeastern Elko County, Nevada, R. Capps, P. Noble, and C. Jorgensen."
A link to the paper is provided on the Company's website on the home page at .
A poster of the project is being displayed during the GSN Symposium and Company representatives will be in attendance including the Company President and the Company's Senior Geologist, Richard C. Capps, PhD, SME Reg. Geo., a co-author of the paper.
Following the Poster Display session, the Company President will participate in a two day GSN Field Trip to Newmont Mining Company's ("Newmont") Long Canyon Project and Pilot Gold Inc.'s ("Pilot") Mount Kinsley Project, located 50 miles and 100 miles south of the Company's Golden Trail Project respectively. The GSN title for the Field Trip is: The Pequop Trend - Nevada's Newest "Carlin" Trend.
The Golden Trail is 100% owned by the Company and is comprised of 16 continuous mining claims that total about 320 acres. The Golden Trail is situated on the Pequop Trend (also called the Eastern Nevada Gold Trend), a recently identified gold trend in north-eastern Nevada that in 2011 saw Newmont Mining Company ("Newmont") take over the former owner of the Long Canyon property, 52 miles south of Golden Trail for a reported $US2.3 Billion. Subsequent to Newmont's acquisition of Long Canyon, Newmont staked 211 mineral claims totaling some 4,300 acres that completely surround the Company's Golden Trail Property.
The Company has also recently received $66,919 toward a non-brokered private placement financing, which will consist of units priced at $0.05 per unit. Each unit will consist of one common share and one common share purchase warrant exercisable for three years at $0.10.
Montana Gold Mining Company Inc. is a reporting issuer in good standing in the Province of Ontario whose common shares are listed on CSE (Symbol: MGM). There are 47,814,765 common shares issued and outstanding in the capital of the Company.
CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
Montana Gold Mining Company Inc.
Edward (Ted) Ellwood, MBA
President & CEO
1-519-964-2836
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Datum: 19.05.2015 - 14:09 Uhr
Sprache: Deutsch
News-ID 394335
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LONDON, ONTARIO
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Mining & Metals
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