Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Idaho Champion Gold Mines Canada reports elevated gold, silver, and base metals values from sampling at Champagne project

% of readers think this story is Fact. Add your two cents.


Idaho Champion Gold Mines Canada Inc (CSE:ITKO) (OTCQB:GLDRF) (FRA:1QB1) hailed the results of last year’s soil sampling at its Champagne Gold project in Idaho, which showed elevated gold, silver, and base metals values over a large area. 

An induced polarization (IP) survey in 2020 pointed to a shallow zone of increased chargeability at the so-called Mine Hill anomaly and a deeper, larger chargeable zone 800 metres northwest called the NW anomaly, but the former is interpreted to represent the upper portion of the latter. 

READ: Idaho Champion Gold names industry veteran Robert Kell as chief geologist

Drill testing at the NW Anomaly is a priority for 2021, the company said in a statement.

“The NW Anomaly remains undrilled and open to the north. The 2020 IP and geochemical soil sampling program covered only a small portion of the area controlled by Champion. We are excited to expand our exploration program in 2021,” chief executive Jonathan Buick told investors.

Results were received from 534 samples from seven reconnaissance soil lines and the highest gold value in the survey, at 456 parts per billion (ppb) gold and three additional samples greater than 100 ppb gold overlie the Mine Hill anomaly, said Idaho Champion.

Silver values in the soils range from below detection limit – 0.03 parts per million (ppm) -  to a maximum of 12.1 ppm. A total of 18 samples assayed 1 ppm silver or greater, of which eight samples overlie the Mine Hill anomaly.

In all, 91 samples assayed 0.25 ppm silver or greater.

Significant base metal enrichments in soil samples were also reported. The highest values within the survey include 3,810 ppm lead, 522 ppm zinc, and 77 ppm copper, while elevated values for zinc were particularly widespread, said the company.

Strongly anomalous values were also reported for bismuth (to 29 ppm), arsenic (to 113 ppm), mercury (to 15 ppm), antimony (to 10 ppm), tellurium (to 3 ppm), and selenium (to 4 ppm). The area overlying the NW anomaly was particularly enriched in these elements.

At the project, the former Champagne mine was operated by Bema Gold as a heap leach operation on an epithermal gold-silver system.

Bema sank 72 shallow reverse circulation (RC) holes on the project but the property has had no deep drilling or significant modern exploration since the mine closed in early 1992.

Idaho Champion is vested in the Baner project in Idaho County, the Champagne project in Butte County near Arco, and four cobalt properties in Lemhi County in the Idaho Cobalt Belt.

Contact the author at [email protected]

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/946070/idaho-champion-gold-mines-canada-reports-elevated-gold-silver-and-base-metals-values-from-sampling-at-champagne-project-946070.html


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST


Order by Phone at 888-809-8385 or online at https://www.herbanomic.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse
Loading...

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

MOST RECENT
Load more ...

SignUp

Login

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.