VANCOUVER, BC / ACCESSWIRE / May 24, 2023 / Relevant Gold Corp. (CSE:RGC) ('Relevant Gold' or the 'Company') is pleased to announce that the company's entire project portfolio, including all of the South Pass and Bradley Peak gold camp areas, will be covered by a large-scale airborne geophysical survey being conducted jointly by the Wyoming State Geological Survey (WSGS) and the U.S Geological Survey (USGS). Over the next four months, magnetic and radiometric data will be collected over approximately 3,300 square miles (~854,000 hectares) in central Wyoming including Relevant Gold's entire ~16,000 ha landholdings (USGS Press Release).
'This survey provides significant value for our shareholders at no cost to Relevant Gold, drastically increasing our district-scale targeting potential while allowing us to focus our capital on drilling. We thank the State of Wyoming, the WSGS, and the USGS for investing in the state's vast mineral potential,' commented Brian Lentz, Relevant Gold CXO. 'We eagerly look forward to seeing what these airborne surveys reveal about the regional geological framework beneath the extensive cover that mantles the region.'
Airborne geophysical surveys are commonly employed in gold-bearing Archean terranes like those found in Wyoming and the Abitibi of Canada. The techniques used can 'see' through the extensive cover and provide remarkable detail of the major geology and structural trends that control gold mineralization. Data produced from the airborne survey will provide a much clearer picture of the geology and highlight potential targets within both the South Pass and Bradley Peak gold camps.
About Relevant Gold Corp.
Relevant Gold Corp. is a North American gold exploration company founded by experienced exploration geologists and operated by a highly respected team with a proven record of significant value creation for shareholders. Relevant Gold is focused on the acquisition, exploration, discovery, and development of district-scale gold projects in the state of Wyoming - one of the most mining friendly jurisdictions in the United States and globally.
On behalf of Relevant Gold Corp., Rob Bergmann, Chief Executive Officer
For further information about Relevant Gold Corp. or this news release, please visit our website at www.relevantgoldcorp.com or contact Rob Bergmann, President and CEO, or Kristopher Jensen, Manager of Investor Relations, at 763-760-4886 or by email at [email protected].
Cautionary Note Regarding Forward-Looking Statements and Historical Information
This news release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws. These statements relate to future events of Relevant Gold Corp. ('Relevant' or 'Relevant Gold' or 'the Company'). Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as 'seek', 'anticipate', 'plan', 'continue', 'estimate', 'expect', 'forecast', 'may', 'will', 'project', 'predict', 'potential', 'targeting', 'intend', 'could', 'might', 'should', 'believe', 'outlook' and similar expressions) are not statements of historical fact and may be forward-looking information. Forward-looking information involves known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking information. Such risks include, among others, the inherent risk of the mining industry; adverse economic and market developments; the risk that the Company will not be successful in completing additional acquisitions; risks relating to the estimation of mineral resources; the possibility that the Company's estimated burn rate may be higher than anticipated; risks of unexpected cost increases; risks of labour shortages; risks relating to exploration and development activities; risks relating to future prices of mineral resources; risks related to work site accidents, risks related to geological uncertainties and variations; risks related to government and community support of the company's projects; risks related to global pandemics and other risks related to the mining industry. The Company believes that the expectations reflected in such forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. These statements speak only as of the date of this news release. The Company does not intend and does not assume any obligation, to update any forward‐looking information except as required by law. This document does not constitute an offer to sell, or a solicitation of an offer to buy, securities of the Company in Canada, the United States, or any other jurisdiction. Any such offer to sell or solicitation of an offer to buy the securities described herein will be made only pursuant to subscription documentation between the Company and prospective purchasers. Any such offering will be made in reliance upon exemptions from the prospectus and registration requirements under applicable securities laws, pursuant to a subscription agreement to be entered into by the Company and prospective investors.
The scientific and technical contents of this release have been approved by Mr. Brian C. Lentz, CPG #11999, Chief Exploration Officer of the Company, who is a 'Qualified Person' as defined by Canadian National Instrument 43-101 (Standards of Disclosure for Mineral Projects). Mr. Lentz is not independent of the Company.
SOURCE: Relevant Gold Corp.
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