Eclipse Gold Mining Corporation

11:43 AM EST - Eclipse Gold Mining Corporation : Reported that it has completed an induced polarization (IP) survey at the Hercules Gold Project located in Lyon County, Nevada. The survey was completed by Zonge International Inc. of Reno, Nevada, and covered approximately 2.8 square kilometers of the Hercules Gold Project. Data processing is currently in progress and we anticipate the final results by mid-July. Recent drilling identified several open-ended targets, including the Hercules target where hole H20010 returned 89.92 meters of 0.65 g/t Au and 12.51 g/t Ag, and the southern end of the Cliffs target where hole H20009 returned 74.68 meters of 0.54 g/t Au and 4.78 g/t Ag (for further information refer to the Company's June 10, 2020 news release). "Our recent drilling suggests that the mineralization at the Hercules Gold Project is open for expansion both along strike and at depth." stated Michael G. Allen, President and CEO of Eclipse Gold, "It is anticipated that the IP survey will allow us to map out resistive zones associated with areas of known mineralization, as well as in untested areas. This technique should also allow for the delineation of potential feeder structures and zones of disseminated mineralization." Eclipse Gold Mining Corporation shares V.EGLD are trading off 1.35 percent at $0.73.