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HighGold Mining Inc.
Summary
| Project: | Johnson Tract | |
|---|---|---|
| Deposit: | Johnson Tract | |
| Location: | United States | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 4/29/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-4-2020: HighGold Mining Inc. announces a Resource Estimation report for its Johnson Tract deposit at the Johnson Tract project. Initial Mineral Resource Estimate for Project. Vancouver, BC – April 29, 2020 – HighGold Mining Inc. (TSX-V:HIGH, OTCQB:HGGO | |
| Resources: | (Resources): 2.1Mt @ 6.07g/t Au, 5.8g/t Ag, 0.57% Cu, 0.8% Pb, 5.85% Zn (Ind.) | |
| CP/QP: | [Resources]: James Gray (Advantage Geoservices Ltd.) | |
| ABSTRACT: | Vancouver, BC – April 29, 2020 – HighGold Mining Inc. (TSX-V:HIGH, OTCQB:HGGOF) (“HighGold” or the “Company”) is pleased to announce its first NI43-101 mineral resource estimate for the Johnson Tract Deposit (“JT Deposit”) at the Company’s flagship Johnson Tract Gold (Cu-Zn) property (“Johnson” or the “Property”) in coastal Southcentral Alaska, USA. The resource estimate is based on drilling completed by HighGold in 2019 and historic drilling carried out by previous operators (Table 1). Mineralization at the JT deposit forms a roughly tabular silicified body that contains a stockwork of quartz sulphide veinlets and brecciation, cutting through and surrounded by a widespread zone of anhydrite alteration. A robust geological model has been developed for the project based on relatively tight-spaced drill holes, detailed surface mapping, a well archived and high-quality database, extensive re-logging and re-sampling of historic drill core, completion of nine new drill holes by HighGold including the twinning of two historic holes, and extensive geological interpretive work. | |
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