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Lying northeast of their offices in Lovelock Nevada and 60 miles north of Winnemucca is Horse Creek, Firstgold’s newest exploration project. Firstgold has staked approximately 4000 acres (6.25 square miles) of unpatented mining claims here.

A number of surface samples have indicated that gold is present and as one geologist said “there is gold here, now we have to find out how much and whether or not it is an ore body”.  Horse Creek exhibits characteristics of intrusion-related gold systems that feature a variety of vein styles and geologists speculate that they may have come upon a style of mineralization similar to deposits found in the Yukon Territory and Alaska.

Horse Creek is in the very early stages of exploration.  Future plans include property–wide geologic mapping, rock chip geochemical sampling, detailed grid soil sampling and possibly ground or airborne geophysics, all geared towards delineating and drill testing targets, hopefully by next Spring.

 

 

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Cautionary Note to U.S. Investors -The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this website (or press releases), such as "measured," "indicated," and "inferred" "resources," which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 10-k which may be secured from the SEC, or from their website at http://www.sec.gov/edgar.html