Assay TV catches up with Steve Roebuck, President and CEO of Avidian Gold (TSXV: AVG, OTCQB: AVGDF), as he updates us on the company’s recent milestones and future plans. Avidian Gold has extended its Mayflower Extension Zone (MEZ) approximately 600m to the Northeast of the Breccia Pipe deposit, Alaska, where a near-surface gold mineralization has been established.
The company has conducted exploration drilling in the Copper King area 5km south of MEZ, where gold and copper mineralization have been revealed, including 9.1m grading 8.71 g/t Au, 80.8 g/t Ag and 3.57% Cu from 3.9m to 13.0m from one drill hole, further drilling is intended for 2022.
As of February 2022, Avidian Gold’s majority share company High Tide Resources (CNQ: HTRC), became a public listed company. Six to eight drill holes are planned at High Tide’s flagship Labrador West iron ore project in April 2022, where a maiden resource and a PEA are expected within the next year. Finally, Steve tells us that Avidian Gold expects to refocus on High Tide’s copper-nickel-cobalt project Lac Pegma, Quebec, during the summer months of 2022.
Website: avidiangold.com
Primary tickers: TSXV:AVG, OTC:AVGDF
Stage of development: Exploration
Commodity: Gold
Projects to promote: Labrador West (High Tide Resources), Lac Pegma (High Tide Resources)
Project Location: Canada