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    Nevada Gold Target With 9.2 m @ 3.2 g/t Hit Advances to Major 10,000-Meter Drill Program

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    Key Takeaways
    • I've seen smaller companies really take off with news like this, and Nevada is a well-known gold-producing region, so the geology should be there.
    • It's definitely making me consider if EMNT could be a candidate for a small position in my "speculative but hopeful" bucket.
    • What do you all think?
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    Hey everyone, just read this article about Eminent Gold expanding their drill program in Nevada: https://www.streetwisereports.com/article/2026/03/16/nevada-gold-target-with-9-2-m-3-2-g-t-hit-advances-to-major-10-000-meter-drill-program.html

    This caught my eye because I've been keeping a closer watch on gold exploration stocks. With all the uncertainty in the market lately, having a percentage of my portfolio in precious metals, even through these junior miners, just feels like a smart move for long-term stability and my family's future. The initial hit they mention, 9.2m @ 3.2 g/t, is pretty decent, and expanding to a 10,000-meter drill program suggests they're pretty confident about what they've got. I've seen smaller companies really take off with news like this, and Nevada is a well-known gold-producing region, so the geology should be there. It's definitely making me consider if EMNT could be a candidate for a small position in my "speculative but hopeful" bucket.

    What do you all think? Anyone else following Eminent Gold (EMNT:TSXV; EMGDF:OTCQB)? Is this news enough to get excited about, or are we still in "wait and see" territory? I'm always curious to hear other investors' perspectives, especially on these earlier-stage exploration plays.

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    13 comments

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    Best Answer▲ 19 upvotes
    M
    matthew_murphy👑Elite (1m-5m)
    @Christopher Young Yeah, I hear you on the early-stage drill results, definitely burned my fingers a few times myself in the junior mining space back in the day. But that's precisely why I leaned more heavily into physical gold for my retirement strategy. After watching my portfolio (currently hovering around the $3.5 million mark, mostly diversified but with a solid gold allocation) weather a few storms from my home base here in Dublin, OH, it’s clear the stability is unparalleled.

    For anyone looking into a Gold IRA, seriously, save yourself some headaches and do your homework: Pro tip: use the Eligibility Checker first – it saved me a lot of hassle figuring out if my existing 401k even qualified for a rollover. Made the process so much smoother.

    Comments (13)

    15
    patricia_miller📊Growing (50-100k)✓ Verifiedabout 1 month ago

    This is great news for the broader precious metals market! It just reinforces why I made the move to diversify my 401k into a gold IRA a few years back. The stability and *tax advantages* of having a portion of my retirement savings in physical gold, especially with the current economic climate, feels like a really smart play. Hoping to see more positive announcements like this.

    14
    ruth_perez📊Growing (50-100k)about 1 month ago

    That's fantastic news for the gold market! I've been keeping a close eye on exploration updates since I started diversifying into a Gold IRA a few years back, especially after seeing my traditional portfolio take a hit in early 2020. This kind of drill result, especially out of Nevada, really reinforces my confidence in having a good chunk of my 70k (and growing!) in physical gold. Thanks for sharing this detailed report – it's incredibly helpful for us investors out here in Albuquerque trying to make sense of the market.

    3
    william_davis💎Premium (500k-1m)Real Investorabout 1 month ago

    Seeing news like this takes me back to the run-up in 2011. While a 9-meter intercept at 3.2 g/t is certainly encouraging, especially out of Nevada, I’d be more interested in the broader geological context and historical production numbers from surrounding claims. It's one thing to hit a good spot, another for it to be economically viable on a large scale.

    18
    thomas_walker🏆Advanced (250-500k)Real Investor✓ Verifiedabout 1 month ago

    Good to see active exploration, but I always temper those initial drill results with a healthy dose of skepticism until they prove economic viability at scale. I remember chasing a few juniors back in '08 with similar headlines, only to see the projects fizzle out under permitting costs and lower-than-projected recovery rates. Keep an eye on the all-in sustaining costs once they get further along.

    6
    linda_taylor📊Growing (50-100k)✓ Verifiedabout 1 month ago

    Interesting find, but honestly, I'm finding myself less and less impressed with these *discovery* announcements these days. After the hype around the "next big thing" in 2021 that fizzled out by 2022, I'm personally just doubling down on physical, established bullion. Give me a good, solid 1oz American Gold Eagle over a promising drill program any day.

    0
    christopher_young🌟Ultra (5m+)Real Investor✓ Verifiedabout 1 month ago

    Interesting news for the gold bugs out there. Honestly, while 3.2 g/t is decent, I've always found that chasing these early-stage drill results can be a fool's errand. I remember backing a junior miner in the Yukon back in '08 with similar numbers, only to see the project stall for years on permitting. My Gold IRA holdings are *only* in physical, allocated metal I can see and verify in a vault, not these exploration plays. I’ve found sticking to tangible assets has kept my portfolio steady through more than a few market storms here in Scottsdale.

    14
    carol_carter💰Established (100-250k)Real Investorabout 1 month ago

    Good to see some strong assays coming out of Nevada. Been holding a few junior miners in that region for years now, and while the paper gains are nice, it's those boots-on-the-ground drill results that really cement long-term confidence. Remember picking up a chunk of AngloGold Ashanti back in '09 when they were seeing similar numbers – watched that investment blossom into a nice down payment on my cabin upstate. Consistent resource expansion is key, especially with what's brewing economically.

    1
    james_wilson👑Elite (1m-5m)Real Investor✓ Verifiedabout 1 month ago

    @Patricia Miller – Absolutely, the consistent tailwinds for PMs are hard to ignore. I made a similar move with a portion of my portfolio back in late 2020, shifting some old tech holdings into my own Gold IRA. You mentioned the tax advantages – really astute point. I'm curious, beyond the obvious tax-deferred growth, have you identified any less-talked-about nuances or strategies you've employed with your Gold IRA that have proven particularly beneficial from a tax perspective? Always looking to optimize here in NYC.

    13
    sharon_evans💰Established (100-250k)Real Investorabout 1 month ago

    Man, this is great news to see! It reminds me of the first time I really paid attention to a specific drill program back in late 2020. I’d just rolled over a chunk of my 401k – about $180k – into a Gold IRA with Augusta Precious Metals. My financial advisor in Tulsa was a huge advocate for diversifying, and honestly, the thought of all my retirement savings tied to the stock market just gave me serious anxiety, especially with all the volatility then. This kind of announcement, showing real progress and high-grade results, is exactly why I sleep better at night knowing a good portion of my nest egg is in something tangible.

    6
    jennifer_martinez💰Established (100-250k)Real Investor✓ Verifiedabout 1 month ago

    Wow, this is fantastic news for anyone holding physical! I remember when I opened my Gold IRA last year down here in Miami, it felt like a bold move with all the crypto hype. Seeing these kinds of drill results out of Nevada just reinforces that it was absolutely the right decision for my portfolio. Thanks for sharing this detailed update, it genuinely makes my precious metals feel even more secure.

    19
    matthew_murphy👑Elite (1m-5m)Real Investorabout 1 month ago

    @Christopher Young Yeah, I hear you on the early-stage drill results, definitely burned my fingers a few times myself in the junior mining space back in the day. But that's precisely why I leaned more heavily into physical gold for my retirement strategy. After watching my portfolio (currently hovering around the $3.5 million mark, mostly diversified but with a solid gold allocation) weather a few storms from my home base here in Dublin, OH, it’s clear the stability is unparalleled.

    For anyone looking into a Gold IRA, seriously, save yourself some headaches and do your homework: Pro tip: use the Eligibility Checker first – it saved me a lot of hassle figuring out if my existing 401k even qualified for a rollover. Made the process so much smoother.

    9
    sandra_green📊Growing (50-100k)✓ Verifiedabout 1 month ago

    @Patricia Miller You hit the nail on the head regarding the tax advantages. That was a *huge* factor for me when I rolled over part of my old 401k into a Gold IRA back in late 2021. Being in Kansas City, I worked with a local advisor who really walked me through the process of setting up direct custodianship with a reputable vault in Delaware. It’s been great seeing that portion of my portfolio stay steady while the rest of the market has been on a rollercoaster. For anyone else considering it, definitely look into the specifics of *how* your custodian handles storage and insurance – it varies more than you'd think.

    5
    joseph_harris📊Growing (50-100k)about 1 month ago

    Interesting news from Nevada! I always keep an eye on these drill results, especially anything hitting over 3 g/t. It reminds me of a smaller play I was following back in '21 in the Yukon; great drill results initially, but the infrastructure challenges ended up becoming a real headache for getting it out. Transportation and refining costs can make or break even promising finds. I'll be watching how this one develops.

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