NUVAU INTERSECTS GOLD RICH BASE METAL MASSIVE AND SEMI MASSIVE SULPHIDE IN THE FIRST HOLE DRILLED AT RENAISSANCE.
Toronto, Ontario, March 02, 2023 – Nuvau Minerals Corp. (Nuvau or the “Company”) is pleased to announce a new discovery related to the Company’s property holdings in the Matagami Camp in Quebec.
The discovery at Renaissance, comprises of gold rich massive sulphide (MS) and semi massive sulphide (SMS) intersections of a VTEM conductor. Two holes have been drilled on this target to-date, PD1-23-01 and PD1-23-02. Both intersected the MS and SMS. PD1-23-01 intersected a combination of MS and SMS over a core length of 87.8m. The assay results included zinc and copper values as well as higher than typical, gold and silver concentrations.
In hole PD1-23-01, the observed geology does not reflect the continuity of the West Camp to the southeast or the Northern Domain. A high-resolution magnetic survey of the area indicates a flow like structure affected by a late fault system. (See figure 1)
PD1-23-02 targeted the upper part of the VTEM conductor plate and was drilled to establish the strike of the mineralization. The two holes are located 150m to the southeast of a gravity anomaly identified by a previous ground survey. This anomaly remains to be tested. (See figure 2)
A third hole will be drilled to establish the dip, strike and the estimated true thickness of the MS and SMS. Based on this determination, a focused drilling program will be designed. The objective of the drill program will be to test the gravity anomaly, establish MS continuity and test the structural discordance to determine if a gold mineralisation system exists outside of the MS system.
The scientific and technical information disclosed in this press release was reviewed and approved by Gilles Roy, P.Geo, Director of Exploration, and a Qualified Person as defined under National Instrument 43-101. Mr. Roy consents to the publication of this press release dated March 02 2023, by Nuvau Minerals Corp. Mr. Roy certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release.
About Nuvau Minerals Corp.
Nuvau Minerals Corp is a Canadian focused mineral exploration company focused on identifying, and acquiring, highly prospective properties with the potential for discovery of high-grade gold and base metal deposits. Please see the company’s website at www.nuvauminerals.com
For additional details, please contact: Peter Van Alphen, President & COO