Minimum Of 16,000m Of Drilling At Johnson Tract Alaska
HighGold Mining Inc. (TSXV:HIGH, OTCQX:HGGOF) has approved an initial C$10 million exploration budget for its 0.75 million ounce 10.9 g/t gold equivalent Johnson Tract polymetallic Gold Project in Southcentral Alaska, USA.
President and CEO, Darwin Green, said the 2021 programme includes a minimum 16,000m of drilling with three drill rigs.
“Our exploration team’s mandate in 2021 includes both establishing critical mass at the JT Deposit and making new discoveries,” MrGreen said.
“The JT Deposit is open to expansion and a priority for this program is to continue tracking and expanding the deposit farther down-plunge.
“We have high conviction in the potential to define a multi-deposit district at Johnson Tract and are excited to be drill testing several of the priority regional prospects for the first time ever. With C$17 million in working capital, HighGold is fully funded for the planned programme.”
2021 Exploration Programme Plans and Strategy
- Drilling to target both:
- Expansion and infill to upgrade of the JT Deposit plus adjacent target areas;
- First-time testing of other Johnson District prospects, including the new 1 km x 0.5 km High-Grade Ag-Au Vein Field discovered by prospecting in 2020 at the DC Prospect 4 km northeast of the JT Deposit
- Property-wide magnetic-electromagnetic (VTEM) airborne geophysical survey totalling 1,100 line-km to identify major fault structures and prospective areas of subsurface mineralisation
- Detailed IP-Resistivity (DCIP) ground geophysical surveys over several Johnson District regional prospects to detect prospective mineralised trends
- Geological mapping, prospecting, and soil and rock sampling programmes to follow-up and expand on the positive results generated from the 2020 program and refine drill targets
Preparations are underway to begin opening the JT camp and to commence the VTEM airborne geophysical survey in late May. Three drill rigs were secured on site at the end of the 2020 field season and are scheduled to be up and running in early June.
The current drill plan contemplates approximately two-thirds of the total 16,000 meters dedicated to the JT Deposit and adjacent targets, and one-third dedicated to the surrounding Johnson District prospects.
Initial plans are for all three drill rigs to start in the JT Deposit area, completing systematic step-outs down-plunge and along strike to the deposit, as well as testing the Footwall Copper Zone, Gap, revised Fault Offset, and new VMS Zone targets.
Drilling at JT District regional prospects is expected to commence in July with a minimum of one drill rig dedicated for the remainder of the program. All the necessary permits are in hand to drill at each of the planned target areas. DCIP ground geophysical surveying will also start in July.
Johnson Tract is a poly-metallic (gold, copper, zinc, silver, lead) project located near tidewater, 125 miles (200 kilometers) southwest of Anchorage, Alaska, USA. The 21,000-acre property includes the high-grade Johnson Tract Deposit and at least nine other mineral prospects over a 12 km strike length.
