Business
Gold Lion Resources Completes Trenching Program on Robber Gulch
Vancouver, British Columbia - TheNewswire - November 12, 2020 - Gold Lion Resources Inc. ("Gold Lion" or the "Company") (CSE:GL) (CNSX:GL.CN) (OTC:GLIOF) (FWB:2
About this update from Panther Minerals Inc.
[{"type":"text","content":"Vancouver, British Columbia - TheNewswire - November 12, 2020 - Gold Lion Resources Inc. (\"Gold Lion\" or the \"Company\") (CSE:GL) (CNSX:GL.CN) (OTC:GLIOF) (FWB:2BC) is pleased to announce it has completed its Phase I trenching program on its Robber Gulch Carlin-type gold Property located near Burley, Idaho. A total of four trenches were completed covering a combined 700m in total length. An effort was made to collect an even volume of bedrock along each continuous 3-meter interval, in order to minimize bias in the chip sampling. - TRENCH-20-001 is 400m in length and was excavated along an existing road within the Central gold-in-soil anomaly (Fig. 1). A total of 157 contiguous 2-3-meter-long chip samples were collected from bedrock along the entire length of the trench. - TRENCH-20-002 (78m, 26 total samples), TRENCH-20-003 (189m, 63 total samples) and TRENCH-20-004 (33m, 11 samples) were all excavated to bedrock within the West gold-in-soil anomaly (Fig. 1). Contiguous 3-meter bedrock chip samples were taken along the entire length of each trench within the West Soil Anomaly. The bedrock encountered in all trenches consisted mostly of limey hematitic sandstones with minor interbedded limestones, with variable Carlin-type alteration and mineralization. Several sections of intense quartz stockwork veining were encountered in Trenches 1, 3 and 4, which is typically associated with higher gold grades on the Property. Assays are currently pending and are expected in early December 2020. In addition, the Company has prepared all drill sites for the upcoming Phase I drill program which will commence once the trenching results are received and compiled. A map, as well as additional media including photos and a video highlighting the recently completed trenching program can be found on the Company's website at the following URL: https://goldlionresources.com/projects/robber-gulch-property/robber-gulch-phase-i-trenching-program-highlights/ Qualified Person Agnes Koffyberg, P.Geo., is the Qualified Person as defined by National Instrument 43-101 who has reviewed and approved the scientific or technical information in this news release. About Gold Lion Resources Inc. Gold Lion Resources Inc. is a mineral exploration company actively involved in the exploration of its precious metal focused portfolio including the South Orogrande, Erikso...