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Idaho Champion Gold Strengthens Baner Gold Discovery with Near-Surface Oxide Intercepts
TORONTO, ON / ACCESSWIRE / March 9, 2021 / Idaho Champion Gold Mines Canada Inc. (CSE:ITKO; OTCQB:GLDRF; FSE:1QB1)("Idaho Champion" or the "Company") is pleased
About this update from Champion Electric Metals Inc.
[{"type":"text","content":" TORONTO, ON / ACCESSWIRE / March 9, 2021 / Idaho Champion Gold Mines Canada Inc. (CSE:ITKO; OTCQB:GLDRF; FSE:1QB1)(\"Idaho Champion\" or the \"Company\") is pleased to announce the assay results for the first two holes from the 2020 diamond core drilling program at its 100% controlled Baner Gold Project (\"Baner\") in the producing Elk City Mining District, Elk City, Idaho. Drilling Highlights: Extends the northerly trend from the 2018 discovery holes and identifies a second parallel mineralized structure ICGB2020-1 intersected 0.83 g/t gold (\"Au\") over 11 metres from 19 metres down hole, including 4.60 g/t Au over 1 metre at the top of the interval ICGB2020-2 intersected 0.78 g/t Au over 26.50 metres from 168.86 metres depth including 1.07 g/t Au over 15.17 metres from 180.19 metres depth itself including 5.70 g/t Au over 0.84 metres from 180.19 metres depth Intercepts include shallow oxide-hosted gold and higher-grade quartz-sulfide vein-hosted gold mineralization at depth \"We are extremely motivated by the strong mineralization encountered in the first core holes from the 2020 program. These initial results show us that the mineralized zone identified in the 2018 drill program continues to the north and remains open,\" commented President and CEO, Jonathan Buick. \"The second hole was also important because it tested the depth extent of a quartz vein system identified through surface mapping and sampling. We believe the gold encountered in hole 2 is indicative of a new trend that aligns with the orientation of many historical workings in the Orogrande Shear Zone.\" Baner Drilling Technical Summary The 2020 drill program consisted of eleven (11) diamond drill holes totaling 2,190 metres (Figure 1). Seven drill 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 23 October 2018 through 13 November 2018 on the Company's website). Drill holes ICGB2020-7 and -8 were collared in the western area of the claim block, targeting strongly anomalous gold values in surface grab samples. Drill holes ICGB2020-9 and -10 are within the northeast corner of the claim block, targeting the historical producing BL Mine. Table 1: Summary of Significant Assay Results from 2020 Diamon...