Headwater Gold Inc., based in Vancouver, British Columbia, has announced the discovery of high-grade epithermal veins at the newly identified Doug target, part of its Spring Peak project in Nevada. The exploration, funded through an earn-in agreement with Newmont Corporation, revealed outcropping veins with impressive gold grades, including 21.8 g/t Au, 9.52 g/t Au, and 7.82 g/t Au. The Doug target, located approximately 9 kilometers north of the Disco Zone along the Bear Fault, suggests substantial potential for a preserved high-grade vein at depth. This discovery enhances the prospect of multiple significant mineralized zones within the Bear Fault corridor, reinforcing the strategic importance of the Spring Peak project.
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