09:05 AM EST - Stevens Gold Nevada Inc. : Announced results from the data mining of historic geophysical and soil geochemical surveys on the optioned Millennium Gold Property. The Property is located 4.8 km northeast of Lake Havasu City in Mojave County, western Arizona and hosts underexplored low sulphidation volcanic-hosted epithermal gold mineralization with geological similarities in style of mineralization and alteration to other nearby epithermal gold deposits including the Castle Mountain Mine and the Moss Mine. The Company has submitted its application for a drill permit to the Arizona State Lands Department and is currently awaiting their review and approval. As part of its ongoing exploration program at the Millennium Gold property the Company has been extracting useful information to aid exploration by mining historic geoscientific databases. A 2007 program of virtual grid-based soil geochemical surveys based on Mobile Metal Ion Technology was undertaken on the Millennium Gold Property and successfully delineated multiple strongly elevated gold responses. A total of 523 samples were collected. Multi-sample, arcuate, ovoid and linear anomalies from widely spaced 400-foot stations varied from 20 to 221 times background and defined broad areas of anomalous response on the property. The wide sample spacing was utilized to assess the property for geochemical signatures originating from structurally related bulk mineable gold mineralization. Stevens Gold Nevada Inc.
shares C.SG are trading unchanged at $0.35.
