Mutiple Gold Intersections At Idaho Project
Gold Lion Resources Inc.’s (CSE:GL) first hole on its Robber Gulch Property in Idaho has intersected three separate intervals of stratabound gold mineralisation, southeast of the project’s Raider Zone.
The drill hole was collared 330m southeast of trenches RG-TR-20-02 and RG-TR-20-03, prior to the company receiving those analytical results.
The drill hole targeted a steeply dipping structure coincident with strong gold mineralisation from grab samples collected on the Sawtooth National Forest. As the Codpany does not yet have its Forest Service drilling permit, the hole was collared on an existing road on BLM ground, well downslope of the strong surface mineralisation.
Prior to reaching the mineralised structure, the hole encountered the Manning Canyon Shale, which underlies the receptive gold bearing units.
Exploration Manager, Chris Paul, said that despite intersecting the gold bearing calcareous sandstone host approximately 160m east of the mineralised structure, the hole returned 0.20g/t over 24.4m and 0.24 g/t Au over 48.8m. The host sandstone units are interpreted to have a high degree of porosity and permeability and the grade of gold correlates with their proximity to the mineralized structure.
The Phase II drill programme includes several drill holes located along a section of road crossing the mineralised structure identified at the project’s Raider Zone. The holes will be drilled at steep to vertical orientations to test the thickness of the shallow dipping mineralization within the receptive host units.
Following the completion of the Phase II drilling programme, the company plans to continue stepping south on to Sawtooth National Forest ground where the best grab samples, up to 6.49g/t Au, have been collected on surface to date.
“The company is pleased with the results of its first drill hole, demonstrating that gold grades can occur as far as 330m from the mineralised structure recently discovered in trenches RG-TR-20-02 and RG-TR-20-03,” Mr Paul said.
“We look forward to future testing of the target from above the mineralised horizon once our permit is received from the Sawtooth National Forest. Meanwhile, the Phase II drill programme will test the depth extent of strong gold mineralization encountered within our recent trenching discovery at the Raider Zone.
“We’re excited to continue stepping south along this newly defined structure, towards the best surface results we’ve received to date, on the Sawtooth National Forest ground.”