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Gaia Metals Corp. Receives Drill Permit and Contracts Major Drilling for its Maiden Drill Program at the Freeman Creek Gold Property, Idaho, USA

VANCOUVER, BC / ACCESSWIRE / October 6, 2020 / Gaia Metals Corp. (the "Company") (TSXV...

articleGermanium Mining Corp.October 6, 20204/company/germanium-mining-corp/news/gaia-metals-corp-receives-drill-permit-and-contracts-major-drilling-for-its-maiden-drill-program-at-the-freeman-creek-gold-property-idaho-usa
Gaia Metals Corp. Receives Drill Permit and Contracts Major Drilling for its Maiden Drill Program at the Freeman Creek Gold Property, Idaho, USA

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[{"type":"text","content":"Gaia Metals Corp. Receives Drill Permit and Contracts Major Drilling for its Maiden Drill Program at the Freeman Creek Gold Property, Idaho, USAVANCOUVER, BC / ACCESSWIRE / October 6, 2020 / Gaia Metals Corp. (the \"Company\") (TSXV:GMC)(OTCQB:RGDCF)(FSE:R9G) is pleased to announce that it has now received official authorization (i.e. the \"drill permit\") from the Bureau of Land Management (\"BLM\"), an agency of the United States Department of the Interior, to carry out the first phase of drilling at the Freeman Creek Gold Property (the \"Property\"). The Property is located approximately 15 km northeast of Salmon, ID and hosts excellent access via paved highway and a network of gravel roads and trails.The Company is also pleased to announce that it has formally engaged Major Drilling America Inc. of Salt Lake City, UT, to carry out the diamond drill program at Freeman Creek, with first collar anticipated within the next 10 days. The initial drill program will be comprised of approximately 5-6-holes for a total of 1,000 m of HQ coring focused on the Gold Dyke Prospect.The Gold Dyke Prospect is the most advanced target on the Property, having been the subject of some initial drill testing in the past, with encouraging results. This includes two mineralized intercepts from rotary drilling completed in the 1980s by St. Joe American Corp., that remain to be followed-up on: 1.5 g/t Au and 12.1 g/t Ag over 44.2 m (RDH-8) and 1.7 g/t Au and 17.1 g/t Ag over 21.3 m (RDH-10). Mineralization in the drill hole starts from surface and extends to at least 50 m depth and remains to be followed-up with additional drilling. Strong grades of Cu, Pb, and Zn have also been reported, although were inconsistently assayed for.The diamond drill program will twin the historical rotary drill hole RDH-8 and will also test other targets in the area developed from the recent surface exploration. In addition, the Company is planning to initiate a follow-up surface program before snowfall at Carmen Creek, to run in parallel with the pending drill program at Gold Dyke, which will focus on further surface delineation of the known zone(s) as well as discovery of additional parallel zones.NI 43-101 DisclosureDarren L. Smith, M.Sc., P. Geo., Vice President of Exploration for the Company and Qualified Person as defined by National Instrument 43-101, supervised t...

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