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Idaho Champion Gold Mines Ltd.

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Summary

Project:

Baner

Deposit:Baner
Location:United States
Commodities:Gold
Date:11/8/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:8-11-2018: Idaho Champion Gold Mines Ltd. announces an Exploration/Drilling Update report for its Baner deposit at the Baner project. Drilling results incl. 5.90m @ 4.80g/t Au from 127.9m. TORONTO, Nov. 08, 2018 -- Idaho Champion Gold Mines Canada Inc. (C
Resources:x
CP/QP:[Overall Report]: Peter Karelse (Independent)
ABSTRACT:TORONTO, Nov. 08, 2018 -- Idaho Champion Gold Mines Canada Inc. (CSE: ITKO) (“Champion” or the "Company"), is pleased to report assay results on hole 16 from the Company’s exploration program at the Baner Project in Idaho. Hole 16 continues to extend the Baner Project in strike length. President and CEO, Jonathan Buick stated: “The first 16 holes of our drill program at the Baner Project have shifted our focus to an open pit exploration theme. The assay results, confirmed again by hole 16, showcase shallow intervals up to surface and deliver results throughout the hole. Hole 16 continues to extend the strike length of our discovery. The highly oxidized zone at Baner is located on a small portion of our contiguous property package in Idaho County. We look forward to receiving the next three assay results.” Figure 1: Map of current drilling location within the Baner property is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/3aa75e63-5c26-4292-90f7-fb4f23663a48 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 16 were important drill holes is 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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