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Idaho Champion Gold Mines Reports Additional 2021 Drilling Results from Champagne Project
Toronto, Ontario--(Newsfile Corp. - March 18, 2022) - Idaho Champion Gold Mines Canada Inc. (CSE: ITKO) (OTCQB: GLDRF) (FSE: 1QB1) ("Idaho Champion" or the "Com
About this update from Champion Electric Metals Inc.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - March 18, 2022) - Idaho Champion Gold Mines Canada Inc. (CSE: ITKO) (OTCQB: GLDRF) (FSE: 1QB1) (\"Idaho Champion\" or the \"Company\") reports assay results from the next five drill holes of the 2021 exporation drilling campaign at its 100%-controlled Champagne Gold Project (\"Champagne\") near the city of Arco, Butte County, Idaho. These results for drill holes DDH-CC-21-03 through 06, and -10 include 2,269 metres out of a total of 3,430 metres drilled in the program. Results remain pending for drill holes DDH-CC-21-07 through 09 (Figure 1). All five of the new drill holes returned highly anomalous intervals of silver (Ag), zinc (Zn), copper (Cu), molybdenum (Mo) and lead (Pb). Gold (Au) is usually elevated with higher silver values, but there is only one narrow interval of gold exceeding 0.3 g/t (1.58 m at 1.26 g/t and 23.3 g/t Ag in CC-DH-21-05 at 505 m depth). As in the previously released drill holes (DDH-CC-21-01 and -02), the drill results from Champagne continue to suggest the presence of a large zoned polymetallic system, consistent with the potential for a porphyry copper or molybdenum deposit at depth (See Company press release dated November 4, 2021). Jonathan Buick, Idaho Champion's CEO, commented: \"Champion's 2021 drilling strategy at Champagne was built around drilling \"fences\" starting on the west end of the property and working our way east to test the geology and structure associated with the large anomaly that we identified in 2020. The drilling results are consistent with our interpretation that a deeper porphyry copper system underlies the Champagne district. We can see favourable indications and potential targets on the eastern and western portions of the caldera complex. These targets definitely warrant more drilling. We will compile the remaining data and formulate a follow-up program with the best likelihood of hitting the larger system we believe to be present.\" Selected Drill Hole Highlights DDH-CC-21-03: 0.1m at 124 g/t Ag and 2.55% Cu from 63.4 m depth DDH-CC-21-06: 0.4 m at 7.88% Zn and 11.68 g/t Ag with anomalous Cu, Mo, and Pb from 329.0 m depth DDH-CC-21-05: ~140 m of highly anomalous Zn, Pb, Cu, Ag, and Mo from 393 m depth DDH-CC-21-10: ~121 m of highly anomalous Zn, Ag Each of the new drill holes includes narrow intercepts of quartz-sulfide-sul...