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Avidian Gold to Commence Oriented Core Drilling Program at Amanita Property, Alaska
TORONTO, ON / ACCESSWIRE / July 27, 2020 / Avidian Gold Corp. (" Avidian " or the " Company ...
About this update from Avidian Gold Corp.
[{"type":"text","content":"Avidian Gold to Commence Oriented Core Drilling Program at Amanita Property, AlaskaTORONTO, ON / ACCESSWIRE / July 27, 2020 / Avidian Gold Corp. (\"Avidian\" or the \"Company\") (TSX-V:AVG) is pleased to announce that it has contracted Ruen Drilling Inc. to complete 2,000 to 3,000 metres of oriented NQ core drilling at the Amanita Property located 5 kilometres south and contiguous to Kinross Gold's (TSX:K) Fort Knox mine and proximal to Freegold Ventures Limited (TSX:FVL) Golden Summit project both in the Fairbanks Mining District, Alaska.The drilling program is designed to a) test the strike and depth extent of the significant, 2019 trench results and b) further define the extent and continuity of the mineralization encountered in the historical RC drilling which lies to the SE of the mineralized trend delineated in 2019.Steve Roebuck, President of Avidian states: \"The shallow, historical, RC drilling clearly demonstrates that we have a widespread gold-rich system and ultimately the 2020 program will provide insight into the resource potential in the immediate area of the known mineralization. It will also provide insight into structural controls on gold mineralization through the use of oriented core technology. At least one historical hole will be twinned to determine if the RC holes failed to recover the coarse-grained gold as suggested by blaster analysis results completed in the late 90's. The drill program will start by testing the significant trench results obtained in 2019 which are to the NW of the historical mineralization. A second objective of the drill program will be to test the on-strike extension of the zone defined in the 2019 trenching program. The interpreted extension to the SW of the 2019 trench results intersects both an interpreted intrusive (from magnetics) and a bismuth geochemical anomaly. Bismuth is commonly found in association with gold in this area.\"Gold mineralization identified on the Amanita property generally falls within the Tonsina Trend which is a fault bounded, 800-metre-wide, northeast trending structural corridor that can be traced along a strike length of approximately 4 km on the property (see Figure 1). This corridor trends directly into Kinross's Fort Knox open-pit mine which is also associated with this northeast striking, structural corridor. The 2019 trenching program tested a sm...