Headwater Gold – Drill Results From 3 Projects In Nevada and Oregon, Newmont As A Partner
Caleb Stroup, President and CEO of Headwater Gold (CSE:HWG – OTCQB:HWAUF) (“Headwater” or the “Company”) joins me to recap the December 6th news release, reporting initial results from this year’s over 17,000 meter program, across 4 Projects. The Company provided results from the Spring Peak, Mahogany and Katey Projects as well as commentary on the core from Midas North. See Figure 1 below from the news release outlining where the Projects are located.
We start by recapping the results from the Spring Peak Project, in Nevada, which accounted for around half of all the drilling in this year’s program. The Company was following up on the initial discovery at the Disco Zone. We also discuss a large step out hole that is 400 meters northeast along strike, which assays are still waiting to be received.
We then discuss the drill results for Oregon at the Mahogany and Katey Projects. This ties into a discussion on the other 100% owned projects that Company has that may be drilled next year.
Before wrapping up I ask Caleb about the Company’s partner on 4 projects, Newmont Corporation (NYSE:NEM). The initial earn-in agreement was signed with Newcrest that was acquired by Newmont earlier this year.
If you have any follow up questions for Caleb please email me at [email protected].
