$NVDEF Nothing is More Profitable than a Discovery!
******* Today *3mths *1Yr *YTD
NVDEF 53.02% * 0% *0% *1,299.50%
The Discovery of America’s Hidden Gold
History_Logo“It’s pioneering geologists like Hodges
who will find what’s left of America’s gold”
Wade-Hodges
Wade Hodges
Nevada Exploration (NGE) is led by Wade Hodges, with 40 years of Nevada gold exploration experience, including 13 years with Santa Fe Pacific Gold (acquired by Newmont). He was involved in the discovery and development of 9 gold mines, totaling 30 million ounces of gold! His partner, Kenneth Tullar, has been involved in the discovery and development of 5 gold mines, totaling over 7 million ounces of gold.
These two men, along with a world-class team of mining executives, geologists, and resource entrepreneurs, boast the who’s who in the mining business. NGE has used its proprietary exploration technology to acquire a portfolio of 5 gold properties, using hydrogeochemisty to successfully discover “blind” gold-bearing systems.
I say successfully because they’ve already done it on all five of their properties. They have achieved the proof-of-concept part of their story, and are now looking to advance their current properties through the more conventional exploration stages.
The company’s “blind deposit” exploration technology is a groundwater application to help explore for gold. Traditional techniques are challenged, so Mr. Hodges believes there is a lot of gold out there that is just waiting to be discovered. Blind deposits, hidden under the sand and gravels of Nevada, are similar to the Twin Creeks discovery of more than 15 million ounces of gold.
Literally 50% of Nevada’s bedrock is covered in the basins and remains unexplored, so the discovery and profit potential is enormous, in my opinion.
NGE is at the cutting edge of this type of discovery, and has conducted the first ever systematic groundwater chemistry exploration survey of Nevada. Their work builds on the prior work of David Grimes, of the U.S. Geological Survey, who demonstrated at the Twin Creeks deposit that elevated concentrations of gold in groundwater can provide a direct indication of gold in bedrock.
This technology promises to define better targets at an early stage, and could save the mining industry tens of millions of dollars, and perhaps even billions one day, since all this can be done prior to land acquisition or conventional exploration. NGE is the first to capitalize on this opportunity to identify, acquire, and evaluate targets others cannot.
Investors, for the most part, in Nevada are currently funding exploration projects that have already been explored by multiple groups in the past. This is a strategy that isn’t working, and hasn’t worked for over a decade!
Nevada’s reserves and production continue to shrink. NGE, in my opinion, is a game changer for Nevada. It’s a disruptor of the current trend in the entire exploration sector!
And Nothing is More Profitable than a Discovery!
