Nevada Gold Explorer Hits 9.2 Meters at 3.2 g/t at Otis Target

Source: Streetwise Reports 09/14/2026

Eminent Gold advances Hot Springs Range drilling near Turquoise Ridge. See the 9.2 meter 3.2 g/t gold intercept, pending assays, Kinross stake, and next steps for EMNT stock.

Gold trading near US$4,430.60 per ounce has renewed attention on Nevada exploration projects along established trends. Eminent Gold Corporation (EMNT:TSXV; EMGDF:OTCQB; 7AB:FSE) recently reported a standout intercept of 9.2 meters grading 3.2 grams per tonne gold from its first drill program at the Otis target.

Why the 9.2 Meter Intercept Matters Now

The result came from hole HSC-005, the initial test of the Little Humboldt Fault at the Hot Springs Range Project, located roughly 15 kilometers from the Getchell Trend. All four initial core holes at Otis encountered gold mineralization, confirming that the targeted structures can host mineralization.

Follow-up RC drilling is now underway to test whether those structures continue to carry gold along strike, with assays pending.

Company Position in a Proven Nevada District

Eminent controls 4,311 hectares across an approximate 10-kilometer corridor at Hot Springs Range. The property lies in Humboldt County, Nevada, in the same broader structural setting that hosts the Turquoise Ridge Complex operated by Nevada Gold Mines.

Turquoise Ridge represents a mature operation with decades of production history, while Hot Springs Range remains at an early exploration stage where basic questions of scale and continuity are still being answered.

Key Assets and Next Catalysts at Hot Springs Range

The project features three named targets. Otis is currently the most advanced, with the initial discovery intercept now being followed up along strike. Eden, located approximately 10 kilometers north of Otis, hosts a roughly 3-kilometer gold-in-soil anomaly that is now being systematically tested. Sitka represents the third target area within the land package.

The 2026 program includes 14 RC holes at Otis and up to five initial RC holes at Eden, where the company is testing three key faults beneath the 3-kilometer gold-in-soil anomaly.

Strategic Shareholder and Sector Timing

Kinross Gold Corp. holds approximately 13.8 percent of Eminent and increased its position in March 2026. Following the initial Otis drilling, Kinross also staked ground adjacent to the Hot Springs Range Project.

With gold prices remaining elevated, the pending assay results from the follow-up program at Otis represent the next concrete data point for evaluating the project.

Analyst Views and Valuation Context¹

Technical Analyst Stewart Thomson, who gave Eminent Gold a Speculative Buy rating on September 8, 2026, set price targets of CA$0.63 in the short term, CA$0.76 in the medium term, and CA$0.87 in the long term.

These targets provide one reference point for investors considering the risk-reward profile of an early-stage Nevada gold explorer. [OWNERSHIP_CHART-11233]

Share Structure and Near-Term Events²

Management and insiders hold 18.35 percent of Eminent Gold, with Justin Milliard, VP of Exploration, holding the largest individual stake at 9.59 percent. The company has approximately 83.5 million shares outstanding and a market capitalization of CA$48.5 million. Its 52-week trading range is CA$0.28 to CA$0.87.

Key Investor Takeaways

• The 9.2-meter intercept at 3.2 g/t gold from HSC-005 confirmed gold in the targeted structures at Otis.
• Follow-up RC drilling is testing continuity along strike, with assays pending.
• Hot Springs Range lies approximately 15 kilometers from the established Getchell Trend and Turquoise Ridge Complex.
• Kinross Gold owns 13.8 percent of Eminent and staked adjacent ground after the initial Otis results.
• Eden offers a second drill-ready target with a 3-kilometer gold-in-soil anomaly.
• The company trades at a market capitalization of CA$48.5 million with 83.5 million shares outstanding.

Common Questions from Investors

What is the Hot Springs Range Project? It is Eminent Gold’s 4,311-hectare exploration property in Humboldt County, Nevada, covering three targets named Otis, Eden, and Sitka along an approximate 10-kilometer corridor.

How close is the project to major mining operations? The property sits about 15 kilometers from the Getchell Trend, which hosts the Turquoise Ridge Complex.

What do the pending assays test? The current RC program at Otis is designed to determine whether gold mineralization continues along the structures tested in the first four holes.

Who is the strategic shareholder? Kinross Gold holds approximately 13.8 percent of Eminent and has staked ground next to the project.

What is the next planned drill target after Otis? Eden is being tested as part of the 2026 program, with up to five initial RC holes planned to test three key faults beneath its 3-kilometer gold-in-soil anomaly.

Against a gold price of around US$4,430.60 per ounce, the immediate focus for retail investors remains on whether the structures at Otis continue to return gold in the follow-up holes. The pending results will help clarify whether the initial intercept represents an isolated occurrence or the start of a more extensive mineralized system at Hot Springs Range.

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Important Disclosures:

1. Eminent Gold Corp. is a billboard sponsor of Streetwise Reports. The company pays a monthly sponsorship fee of US$3,000–US$6,000 for banner advertising and an enhanced company profile page. Streetwise Reports’ editorial content is fully independent and is not influenced by sponsorship.
2. As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Eminent Gold Corp.
3. Jordan Nova wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
4. This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.

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1. Disclosure for the quote from the Stewart Thomson article published on September 8, 2026

1. Eminent Gold Corp. has paid Street Smart (an affiliate of Streetwise Reports) a fee of US$4,000 for the preparation of an independent technical research report, published on September 8, 2026.
2. Author Certification and Compensation: Stewart Thomson was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Thomson is a retired Canadian financial advisor who has passed the Canadian Securities Course as well as additional technical analysis courses that were mandated by his former employer and approved by Ontario regulatory bodies. Mr. Thomson is not an investment advisor. He does not know the financial situation or risk tolerance of any reader. For the past 15 years, he has been editing and writing numerous financial newsletters that have a strong focus on charts. The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed. Mr. Thomson owns no securities in Eminent Gold Corp., and he has no direct financial relationship with the company.

2. Ownership and Share Structure Information

The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.

( Companies Mentioned: EMNT:TSXV; EMGDF:OTCQB; 7AB:FSE, )