Business

Idaho Champion Gold Mines Completes 2020 Exploration Program at Champagne Gold Project

TORONTO, ON / ACCESSWIRE / December 16, 2020 / Idaho Champion Gold Mines Canada Inc. (CSE:ITKO) (OTCQB:GLDRF) (FSE:1QB1)("Idaho Champion" or the "Company") is p

articleChampion Electric Metals Inc.December 16, 20203/company/champion-electric-metals-inc-formerly-was-itkoidaho-champion-gold-mines-canada-inc-until-2023-05-26/news/idaho-champion-gold-mines-completes-2020-exploration-program-at-champagne-gold-project
Idaho Champion Gold Mines Completes 2020 Exploration Program at Champagne Gold Project

About this update from Champion Electric Metals Inc.

[{"type":"text","content":" TORONTO, ON / ACCESSWIRE / December 16, 2020 / Idaho Champion Gold Mines Canada Inc. (CSE:ITKO) (OTCQB:GLDRF) (FSE:1QB1)(\"Idaho Champion\" or the \"Company\") is pleased to report the completion of the 2020 exploration program at the Company's Champagne Gold Project (\"Champagne\"). 2020 Champagne Exploration Highlights The 2020 exploration program focused on drilling along a 1.3 km length within 5 patented claims owned by the Company; Completed five (5) reverse-circulation (RC) drill holes totaling 935 metres - located on the east side and within the North Pit of the past producing Champagne Mine; Completed seven (7) core holes totaling approximately 2,800 metres - targeting depth and strike extensions from both the North and South Pits and the nearby historic Ella Mine. First announcement of RC and core drill results will be in January 2021; Collected 594 soil samples, completed an orientation survey and five induced polarization/resistivity (\"IP\") grid lines, and collected 184 rock samples from outcrops, historic mines, and mine dumps; Staked new ground to bring the number of unpatented claims to 329, in addition to the large group of patented claims, for a total property position of 26.98 km2; Conducted an IP survey along six lines totaling 21.4 kilometres; and Completed geologic mapping (at a scale of 1:2,000) over approximately 10 km2 of the Mine Hill and central area of the claim block, where most targets have been developed so far. \"The initial focus of the 2020 exploration was to drill test the depth extension of gold mineralization exploited in the North and South Pits at Mine Hill,\" states Jonathan Buick, President and CEO. \"By focusing our attention on drilling within the patented claims first, we were able to launch the program quickly and assess the targets associated with the historic Bema Gold operation. Some of these holes were directed at historic high-grade sulfide veins and breccias reported from the historic Moran Tunnel beneath the South Pit. Our 2020 program of mapping, sampling and geophysics has improved our understanding of the bigger picture for Champagne - new targets are beginning to emerge all over the property.\" Drilling Program Idaho Champion's drill program at Champagne was initiated in late August (See Press Release dated August 19, 2020). The 2020 drill holes are shown on a map relative...

More updates from Champion Electric Metals Inc.