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Idaho Champion Gold Drilling at Baner Project Intercepts 4.50 Metres of 1.75 g/t Oxide Gold
TORONTO, ON / ACCESSWIRE / March 16, 2021 / Idaho Champion Gold Mines Canada Inc. (CSE:ITKO) (OTCQB:GLDRF) (FSE:1QB1) ("Idaho Champion" or the "Company") is ple
About this update from Champion Electric Metals Inc.
[{"type":"text","content":" TORONTO, ON / ACCESSWIRE / March 16, 2021 / Idaho Champion Gold Mines Canada Inc. (CSE:ITKO) (OTCQB:GLDRF) (FSE:1QB1) (\"Idaho Champion\" or the \"Company\") is pleased to announce the next round of assay results from the 2020 diamond core drilling program at its 100% controlled Baner Gold Project (\"Baner\") in the producing Elk City Mining District of Idaho. Drilling Highlights: Intercepts continue to include shallow oxide-hosted gold and higher-grade quartz-sulfide vein-hosted gold mineralization at depth ICGB2020-3 intersected 1.06 g/t gold (\"Au\") over 7.19 metres from 128.45 metres downhole, including 4.72 g/t Au over 1.00 metre at the top of the interval ICGB2020-5 intersected 1.75 g/t Au over 4.50 metres from 13.43 m in oxidized rock, including 6.41 g/t Au over 1.00 metre from 13.43 m ICGB2020-3 and ICGB2020-5 are 250m and 50m northerly step-outs from mineralized intercepts previously reported in hole ICGB2020-2, strengthening the interpretation of a separate trend which is parallel to that identified in 2018 \"Our Baner drilling continues to see strong gold grades in oxides near surface. We are also now seeing good grades appearing in sulfides as we continue to extend our Baner Discovery towards the north\", commented President and CEO, Jonathan Buick. \"Complementing the 2018 discovery, the 2020 drill program shows our mineralized zones are still open to the north and at depth, providing targets for further drilling in our next drill season.\" Baner Drilling Technical Summary The 2020 drill program consisted of eleven (11) diamond drill holes totaling 2,190 metres (Figure 1). Seven core holes (ICGB2020-1 to 6, and 11) were placed centrally in the company's claim block, targeting the northern extension of the mineralization discovered in Idaho Champion's 2018 drill program (see press releases dated November 30, 2018). Core holes ICGB2020-7 and 8 were collared in the western area of the claim block, targeting strongly anomalous gold values in surface grab samples. Core holes ICGB2020-9 and 10 are within the northeast corner of the claim block, targeting the historical producing BL Mine. Drill hole ICGB2020-3 was collared 275m north-northeast of hole ICGB2020-2 (Figure 1). The drill collar is located downhill from holes ICGB2020-4 and ICGB2020-5, next to an exposed adit of the historical producing Lucky Strike Mine. ICG...