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Idaho Champion Gold Mines Ltd.
Summary
| Project: | Baner | |
|---|---|---|
| Deposit: | Baner | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 11/30/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-11-2018: 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, Nov. 30, 2018 -- Idaho Champion Gold Mines Canada Inc. ( | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Karelse (Independent) | |
| ABSTRACT: | TORONTO, Nov. 30, 2018 -- Idaho Champion Gold Mines Canada Inc. (CSE: ITKO) (“Idaho Champion” or the "Company"), is pleased to report that it has completed its 2018 exploration program at the Baner Project in Idaho. President and CEO, Jonathan Buick stated: “I believe that we have only scratched the surface on our first exploration program at Baner. We have made a new gold discovery through the drill bit and encountered great initial grades in the highly oxidized zones near surface. There was good continuity in the holes and our newly acquired Sally claims will provide us the opportunity to expand the strike length an additional 2 km to the north. Our geologic team is currently reviewing the information learned from this season and is planning the 2019 drill program” The Company also announces that Donald Sheldon has resigned as a director of the Company. The Company and the Board of Directors would like to thank Mr. Sheldon for his contributions to the Company. Drilling strategy 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 to 19 were important drill holes in understanding the location and nature of the Orogrande shear zone (“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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