HighGold Mining Commences Drill Program at the Johnson Tract Project, Southcentral Alaska, USA
Vancouver, British Columbia--(Newsfile Corp. - June 30, 2020) - HighGold Mining Inc. (TSXV: HIGH) (OTCQX: HGGOF) ("HighGold" or the "Company") is pleased to announce the start-up of the 2020 drill program (the "Program") and exploration activities at its flagship Johnson Tract Gold Project in Alaska. Phase I of the Program plans for 7,000 to 10,000 meters of diamond drilling utilizing two drill rigs on five (5) target areas surrounding the Johnson Tract deposit ("JT Deposit") that hosts an indicated resource of 750k ounces gold equivalent ("AuEq") at 10.93 g/t AuEq. Based on the results of Phase I, additional drilling may be undertaken in a second phase during the latter half of 2020 field season.
"We are excited to launch on the first serious exploration drill program in 25 years at Johnson," commented President and CEO Darwin Green. "HighGold's work in 2019 generated numerous quality drill targets within an 800-meter radius of the high-grade JT Deposit mineral resource, several of which will be drilled for the first time this year.
- Category: Silver / Gold
- Published: 30 June 2020
- Written by Editor