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Taiga Gold Corp.
Summary
| Project: | Fisher | |
|---|---|---|
| Deposit: | Fisher | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/1/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-3-2019: Taiga Gold Corp. announces an Exploration/Drilling Update report for its Fisher deposit at the Fisher project. Drilling results incl. 7.93m @ 1.34g/t Au from 207.07m. Cranbrook, B.C., February 28th, 2019: Taiga Gold Corp (CSE:”TGC”) (“Taiga”) ha | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Charles Downie (Not stated) | |
| ABSTRACT: | Cranbrook, B.C., February 28th, 2019: Taiga Gold Corp (CSE:”TGC”) (“Taiga”) has received a report from SGO Mining Inc. (“SGO”), a wholly-owned subsidiary of SSR Mining Inc. (“SSRM”) (TSX: SSRM) (NASDAQ: SSRM) containing partial drill results for the 2018 Q4 drilling on the Fisher Property, as well as remaining results from Q3 drilling. The Fisher property is owned 100% by Taiga and under option to SSRM. Results reported below include 10 holes consisting of 3,552m completed in late October in the Santoy Shear and Mac showing area, which was discovered earlier in 2018. Surface sampling of the Mac vein returned 6.7 g/t Au over 1.0m. As reported on January 17th, 2019, winter drilling continues on the property with two rigs, and is expected to consist of a minimum of 8,000m. This work will be funded by SSRM as part of an estimated US $3,000,000 (CDN $4,000,000) budget approved for the property in 2019. SSRM is in the third year of a four-year option agreement whereby SSRM may earn up to an 80% interest in the 34,000ha property by completing a minimum of CDN $4,000,000 in exploration expenditures and making a total of CDN $3,400,000 in cash payments to Taiga. The Fisher Project is located 125km east of La Ronge, Saskatchewan and is contiguous to the north, south and east with SSRM’s Seabee Gold Operation. | |
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