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Idaho Champion Gold Reports Gold-Silver Soil Anomalies Correlating with Large Geophysical Drill Target at Champagne
TORONTO, ON / ACCESSWIRE / April 8, 2021 / Idaho Champion Gold Mines Canada Inc. (CSE:ITKO) (OTCQB:GLDRF) (FSE:1QB1) ("Idaho Champion" or the "Company") is plea
About this update from Champion Electric Metals Inc.
[{"type":"text","content":" TORONTO, ON / ACCESSWIRE / April 8, 2021 / Idaho Champion Gold Mines Canada Inc. (CSE:ITKO) (OTCQB:GLDRF) (FSE:1QB1) (\"Idaho Champion\" or the \"Company\") is pleased to report the results from its 2020 geochemical soil sampling program at the 100% controlled Champagne Gold Project (\"Champagne\") near the city of Arco, Butte County, Idaho. 2020 Soil Sample Program Highlights: Analytical results of 534 samples from seven (7) reconnaissance soil lines including five (5) soil lines overlapping with the previously announced Induced Polarization (IP) survey (See Press Release Dated February 2, 2021). Anomalous gold (to 19 ppb), silver (to 12.1 ppm, the highest value in the survey), arsenic, tellurium, bismuth, and base metals overlie the large NW Anomaly (Figure 1); an IP chargeability anomaly identified 800 metres northwest of Mine Hill. The highest gold value in the survey (456 ppb) and three additional samples greater than 100 ppb gold overlie the Mine Hill IP chargeability anomaly. The Mine Hill Anomaly is inferred to represent the fault-displaced upper portion of the NW Anomaly. Drill testing of the NW Anomaly is a priority in 2021. \"Our Champagne soil geochemical results show elevated gold, silver, and base metals values over the large anomaly that we discovered during our IP program in 2020, which suggests an intact and zoned hydrothermal system,\" stated President and CEO, Jonathan Buick. \"The NW Anomaly remains undrilled and open to the north. The 2020 IP and geochemical soil sampling program covered only a small portion of the area controlled by Champion. We are excited to expand our exploration program in 2021.\" Soil Sampling ResultsGold values in the soils range from below detection limit (1 ppb) to a maximum of 0.456 ppm (456 ppb). Six samples assayed greater than 100 ppb gold. Four of these samples overlie the Mine Hill IP chargeability anomaly, including the highest gold value of 456 ppb (Figure 1). A total of 75 samples assayed 10 ppb gold or greater. Silver values in the soils range from below detection limit (0.03 ppm) to a maximum of 12.1 ppm. A total of 18 samples assayed 1.00 ppm silver or greater, of which 8 samples overlie the Mine Hill IP chargeability anomaly. The highest silver value of 12.1 ppm and an additional 5 samples that assayed greater than 1.0 ppm silver overlie the NW IP chargeabili...