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Midas Gold Corp.
Summary
| Project: | Stibnite Gold Project | |
|---|---|---|
| Deposit: | Stibnite Gold Project | |
| Location: | United States | |
| Commodities: | Gold-Silver-Antimony | |
| Date: | 2/23/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 23-2-2017: Midas Gold Corp. announces an Exploration/Drilling Update report for its Stibnite Gold Project deposit at the Stibnite Gold Project project. Drilling results incl. 216.7m @ 3.24g/t Au, 6.1g/t Ag, 0.3% Sb from 1.52m. Midas Gold Corp. (MAX:TSX / | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stephen Quin, Richard Moses (Internal) | |
| ABSTRACT: | Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) today announced additional results from its ongoing mineral resource optimization drill program at the Stibnite Gold Project, Idaho. The drilling program has multiple goals relating to enhancing the mineral resources defined in the December 2014 preliminary feasibility study (“PFS”), and continues to deliver positive results. Assay results have been received for three additional drill holes completed at the Yellow Pine deposit and a fourth drill hole completed in the Hangar Flats area. “The latest assay data from our ongoing drill campaign at Yellow Pine continues to provide positive results that support Midas Gold’s goal of enhancing the mineral resource at the Stibnite Gold Project,” said Stephen Quin, President & CEO of Midas Gold Corp. “Hole MGI-16-421 is the best hole ever reported by Midas Gold from its drilling at the Stibnite Gold Project and occurs at shallow depths within the limits of the 2014 preliminary feasibility study mineral reserve pit limits.” Results from two additional drill holes from 2017 drilling are pending, and one additional drill hole is being drilled before the current campaign is completed for the season. | |
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