Axcap Ventures Inc. Launches 5,000-Meter Drill Program in Nevada

Axcap Ventures Inc., headquartered in Toronto, is set to commence a 5,000-meter drill program at its Converse Project in Nevada. The program, featuring five drill holes, aims to refine the existing resource model, expand potential, and assess deeper mineralization in reactive Lower Plate rocks.

The Converse Property, located in Nevada's Battle Mountain district, rests within a significant gold deposit trend boasting reserves and past production exceeding 50 million oz of gold. Current resources include 5.17 million ounces in Measured and Indicated categories and 0.55 million ounces in Inferred Resource.

Vice President of Exploration, Blake McLaughlin, highlighted potential high-grade skarn systems expected to enhance the project's scale and economics. Drilling begins in March, with updates to follow.