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Project: | Baner | |
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Deposit: | Baner | |
Location: | United States | |
Commodities: | Gold | |
Date: | 10/29/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 29-10-2018: Idaho Champion Gold Mines Ltd. announces an Exploration/Drilling Update report for its Baner deposit at the Baner project. Drilling results incl. 12.65m @ 5.76g/t Au from 8.65m. TORONTO, Oct. 29, 2018 -- Idaho Champion Gold Mines Canada Inc. ( | |
Resources: | x | |
CP/QP: | [Overall Report]: Peter Karelse (Independent) | |
ABSTRACT: | TORONTO, Oct. 29, 2018 -- Idaho Champion Gold Mines Canada Inc. (CSE: ITKO) (“Champion” or the "Company"), is pleased to report assay results on holes 11 to 13 from the Company’s exploration program at the Baner Project in Idaho. President and CEO, Jonathan Buick stated: "This batch of assay results is another positive step towards discovering the structure. We believe that gold showings throughout hole 13 and at shallow depths are well mineralized are worthy of further exploration for what is mostly oxidized mineralization." The 2018 Baner Drill Program takes into consideration historical reports (Wagner), Premium soil sample & geophysical data, rock data collected by Idaho Champion Gold Mines in 2016 & 2017 along with surface geological mapping. Drill Hole ICG2018 -1 located the Orogrande Shear Zone and holes ICG2018 2,3,4, & 5 located the shear zone south of the first drill hole. Gold mineralization is related to the shear zone and occurs as fine grained pyrite on fractures and in veins and along foliation of quartzite. A deep level of oxidation was observed in the drill holes. Drill hole selection at Baner was two-fold; utilizing the Baner database (historical reports, soil, rock, geophysical and mapping) along with current drill observations & results to plan out successive drill hole locations. Drill holes 11, 12, & 13 were important drill holes is understanding the location and nature of the OSZ as it occurs on the Baner property. As the Baner drill program has progressed, the Idaho Champion geologic team has improved their understanding of the OSZ | |
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