Idaho Champion Gold Mines Canada Inc Launches Drill Program at Champagne Gold Project
The drilling program is designed to test the large IP anomaly with a series of drill holes, the first two of which will be placed on the recently acquired private land
Gold Mines Canada Inc () () (FRA: 1QB1) said it has started the planned drilling program to test the large geophysical anomaly reported earlier this year on its 100% controlled Champagne gold project in Idaho, United States .
The company recently announced that it has signed a contract with National Drilling for an 8,000 meter exploration core drilling program. The drill and the team have mobilized on the site and drilling is underway on the first hole.
The drill program is designed to test the Large Induced Polarization (IP) anomaly with a series of drill holes. The first two drill holes will be placed on recently acquired private land located towards the western end of the PP anomaly.
READ: Idaho Champion Gold acquires private surface and mining rights to Champagne project
“The start of this drill program marks an exciting milestone for Idaho Champion as we begin to drill the IP anomaly,” President and CEO Jonathan Buick said in a statement.
“Given the evidence so far discovered on this huge anomaly, we have high expectations to encounter mineralization as we test the roots of the Champagne mineral system.
“It helps that we are able to drill immediately on our recently acquired private land,” added Buick.
Idaho Champion is a discovery-driven gold exploration company committed to advancing its highly promising 100% owned mining properties located in Idaho.
The Champagne deposit contains epigenetic-style gold and silver mineralization that occurs in highly weathered Tertiary volcanic tuffs and flows of acidic to intermediate composition. The property has not been the subject of any deep drilling or significant modern exploration since the mine closed in early 1992.
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