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Avidian Gold Commences Drone Magnetic and Fixed-Wing LiDAR Surveys at Golden Zone Property, Alaska
TORONTO, ON / ACCESSWIRE / August 13, 2020 / Avidian Gold Corp. (" Avidian " or the " Compan...
About this update from Avidian Gold Corp.
[{"type":"text","content":"Avidian Gold Commences Drone Magnetic and Fixed-Wing LiDAR Surveys at Golden Zone Property, AlaskaTORONTO, ON / ACCESSWIRE / August 13, 2020 / Avidian Gold Corp. (\"Avidian\" or the \"Company\") (TSX-V:AVG) is pleased to announce that it has contracted Eagle Mapping Services Ltd (Eagle Mapping) to complete a fixed-wing Light Detection and Ranging (LiDAR) survey over the entire Golden Zone Property and Pioneer Exploration Consultants Ltd. to conduct a drone magnetic survey over key portions of the Golden Zone Property in Alaska.The ongoing surveys at Golden Zone are part of the effort by Avidian to continue to expand the existing 267,400 ounce Indicated Breccia Pipe gold resource. The road accessible property is strategically located midway between Anchorage and Fairbanks and 16 km west of paved State Highway 3, the Alaska Railroad and the 345 kV Alaska Intertie power lines (see Figure 1).Dr. Tom Setterfield, Vice President of Exploration for Avidian states: \"The LiDAR survey will provide important information on the structural setting of the Breccia Pipe gold deposit and provide a structural template to seek similar deposits elsewhere on the property. It will also provide key structural information at regional to prospect scales, which will allow us to put all our known mineralization into its proper structural context. In addition to providing structural information, the magnetic survey will help Avidian to interpret the location of concealed intrusions, which are key to the mineralization processes at Golden Zone, and to locate alteration-related addition or destruction of magnetic minerals\".The technical information contained in this news release has been approved by Steve Roebuck, P.Geo. and President of Avidian Gold, who is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.About Avidian Gold Corp.Avidian brings a disciplined and veteran team of project managers together with a focus on advanced stage gold exploration projects in Alaska. Avidian's Golden Zone project hosts a NI 43-101 Indicated gold resource of 267,400 ounces (4,187,000 tonnes at 1.99 g/t Au) plus an Inferred gold resource of 35,900 ounces (1,353,000 tonnes at 0.83 g/t Au)*. Additional projects include the Amanita and the Fish Creek gold properties which are both adjacent to Kinross Gold's Fort Knox ...