Intersections Include 11.5 g/t Au Over 20.1m
HighGold Mining Inc.(TSXV: HIGH) has received further positive additional assay results from its ongoing 15,000m diamond drill programme at its flagship Johnson Tract Gold Project in Alaska, USA.
“Resource expansion drilling at the main JT Deposit continues to deliver solid results of high-grade mineralisation in these step-outs,” commented President and CEO Darwin Green.
“We are equally pleased with the emergence of a significant thick zone of copper-silver rich mineralisation in the footwall to the JT Deposit, in drilling done to follow up on last years late season discovery.
“With only six holes reported so far for the 2020 Programme initial results reveal promising developments at each of the priority target areas, including at the earlier stage Northeast Offset target.
“Three drills continue to test these targets in addition to surface crews advancing our regional exploration prospects.”
JT Deposit Step-Out Highlights
- 20.1 mat 11.5 g/t Au, 4 g/t Ag, 0.5% Cu, 3.1% Zn (14.1 g/t AuEq), in hole JT20-096
- Includes 15m at 15.4 g/t Au (17.6 g/t AuEq)
- Includes 4.0m at 43.7 g/t Au (45.2 g/t AuEq)
- 41.0m at 1.8 g/t Au, 6 g/t Ag, 1.0% Cu, 3.8% Zn, 0.3% Pb (5.9 g/t AuEq), in hole JT20-095
- Includes 4.2m at 10.4 g/t Au, 5 g/t Ag, 0.5% Cu, 9.0% Zn (16.6 g/t Au Eq)
- Both drill holes are step-outs to the 750,000 oz AuEq (10.9 g/t AuEq) Indicated Resource
Footwall Copper Zone Highlights
- 14.2m at 2.7% Cu, 1.0% Zn, 34 g/t Ag, in hole JT20-096
- Includes 7.m at 4.4% Cu, 1.9% Zn, 59 g/t Ag
- 11.9 m at 1.8% Cu, 0.9% Zn, 38 g/t Ag, in hole JT20-096
- This is a 45-meter step-out from last year’s discovery
Approximately 14,500m in 28 drill holes have been completed to date with partial or complete assays now received and reported for six of the 28 holes.
Given the encouraging results to date, the company has increased the scope of the Programme from 15,000m to 17,000m with three drill rigs currently active on site.
Johnson Tract is a poly-metallic (gold, copper, zinc, silver, lead) project located near tidewater in Southcentral Alaska. The Project includes the high-grade Johnson Tract Deposit and at least nine other mineral prospects over a 12km strike length.
