Vancouver, British Columbia--(Newsfile Corp. - October 25, 2023) - Carlin Gold Corporation (TSXV: CGD) ("Carlin" or "the Company") reports that it has acquired a copper-gold property in northeastern Nevada USA through purchase of a 100% interest of a core claim group from a private party and additional claim staking by Carlin. The property consists of 49 unpatented mining claims (the IVY Property). The purchase price is US$25,000 and a 1% net smelter production royalty on gold and silver and 0.75% on all other metals, to the seller.
IVY Property Description
The IVY Property is located within the Contact Mining District in northeastern Elko County, Nevada, 20 miles (32 kilometers) southwest of the town of Jackpot and 5 miles (8 kilometers) southwest of the small community of Contact. The claims are within 1 mile of State Highway 93, on land administered by the Bureau of Land Management (BLM).
"We are pleased to find an undrilled copper/gold project of this caliber." commented Wayne Livingstone, President. "The elevated copper grades (+1% copper) and the finely disseminated nature of the chalcopyrite/bornite mineralization contained within a large well-defined area of skarn alteration are very encouraging. Carlin looks forward to evaluating the project further."
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