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Dixie Gold Inc. Commences 2021 Field Exploration at Red Lake Project; Retains Brian Atkinson, P.Geo. and Ike Osman, P.Geo.
(TheNewswire) Vancouver, British Columbia - TheNewswire - June 1, 202...
About this update from Dixie Gold Inc.
[{"type":"text","content":"Dixie Gold Inc. Commences 2021 Field Exploration at Red Lake Project; Retains Brian Atkinson, P.Geo. and Ike Osman, P.Geo. \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, British Columbia -\n \n \n TheNewswire -\n \n \n June 1, 2021 - Dixie Gold Inc.\n \n \n (TSX\n \n \n V\n \n \n :DG\n \n \n )\n \n \n (“\n \n \n Dixie\nGold\n \n \n ” or the “\n \n \n Corporation”\n \n \n ) is\npleased to announce that it has commenced its 2021 field exploration\nat the Red Lake Project located near Red Lake, Ontario.  Through its\nRed Lake Project, Dixie Gold controls and is advancing a large\ndistrict-scale gold exploration project currently covering 25,269 ha\n(>60,000 acres) which is situated immediately adjacent and\ncontiguous to the Dixie Project being advanced by neighbouring\nexploration company Great Bear Resources Ltd.\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n Figure One: Dixie Gold Inc. – Red\nLake Project Map\n \n \n \n \n During 2020, and despite restrictions related to\nCOVID-19, Dixie Gold performed significant exploration work at its Red\nLake Project and successfully executed multiple exploration programs\ntotaling approximately $400,000 of expenditures, all of which was\nsuccessfully completed without incurring shareholder dilution.\nHighlights included one of the largest airborne surveys ever performed\nin the Red Lake gold camp (see news release, Dixie Gold Inc. Commences\nOne of the Largest Airborne Geophysical Surveys in History of Red\nLake, dated October 1, 2020) and a large-scale multi-thousand SGH soil\nsample program (see news release, Dixie Gold Inc. Announces the\nDiscovery of Multiple Gold-in-Soil Anomalies at Red Lake Project,\ndated December 24, 2020). The steady and paced progression of its\nexploration approach has enabled Dixie Gold to methodically advance\nwhat it views as a significant gold exploration\n \n \n opportunity at its Red Lake Project while\n \n \n remaining attentive to its exceptional capital structure (as\nat this news release,\n \n \n 25,737,188 shares issued\nand 26,993,438 shares on a fully diluted basis\n \n \n ).\n \n \n \n \n Initial exploration planning for the 2021 field season\nhas been guided by the significant gold-in-soil anomalies identified\nby the results from Dixie Gold’s inaugural field se...