Gold Lion Concludes Phase One Trenching Program At Robber Gulch

Trenching has been completed at the Gold Lion Resources (CSE: GL) Robber Gulch property near Burley, Idaho. The company announced this morning that the Carlin-type gold property has seen a total of four trenches completed on the property as part of the phase one program, with the combined length of the trenches covering 700 metres.

Trenches were excavated at gold-in-soil anomalies on the property. The first trench, which is a total of 400 metres in length, was excavated along an existing road on the property. The trench is located within the Central anomaly on the property. In total, 157 two to three metre long chip samples were collected from the trench contiguously from bedrock.

Three trenches were then excavated within the West gold-in-soil anomaly on the property. Here, contiguous three metre bedrock chip samples were taken from the length of each trench. To minimize bias in chip sampling, an equal volume of bedrock was taken with each sample. The three separate trenches were conducted as follows:

  • Trench 20-002 was taken along 78 metres within the anomaly, with a total of 26 samples taken.
  • Trench 20-003 was excavated to 189 metres in length, with a total of 63 chip samples being taken.
  • Trench 20-004 was taken along 33 metres, with a total of 11 samples taken.

Assays from the trenching are currently expected to be received in early December. Of note, is that several sections of intense quartz stockwork veining were said to be found in trenches one, three and four, which has typically been associated with higher grades of gold.

Once the assays are received and compiled, the company expects to begin the phase one drill program. Drill sites are currently prepared for the program.

Gold Lion Resources last traded at $0.35 on the CSE.


FULL DISCLOSURE: Gold Lion Resources is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Gold Lion Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Why Industrial Demand Is Changing the Silver Market | David Morgan

Gold and Silver Delivery Is Exposing the Paper Market | Andy Schectman

Recommended

Steadright To Acquire 75% Interest In Moroccan Copper-Lead-Silver Project

Nations Royalty Names Derrick Pattenden As President And CEO

Related News

Amex Exploration Hits 31.87 G/T Gold Over 5.10 Metres At New Discovery

Amex Exploration (TSXV: AMX) this morning announced the discovery of a new high grade gold...

Monday, January 25, 2021, 08:29:15 AM

Lodge Resources Changes Name To Freeman Gold Corp

Lodge Resources (CSE: LDG) announced this evening that it will be changing its name effective...

Tuesday, May 19, 2020, 08:54:52 PM

AUX Resources Sees Eric Sprott Invest $2.0 Million In Company Following Assay Results

It appears that certain big name investors took notice of the excellent drill results posted...

Thursday, February 11, 2021, 06:43:16 PM

SSR Mining Hits 40.7 Metres Of 7.48 G/T Gold At Ardich

SSR Mining Inc. (TSX: SSRM) reported today more than a year’s worth of drill results...

Wednesday, August 18, 2021, 09:44:00 AM

Alacer Gold And SSR Mining Enter Merger Agreement

Alacer Gold (TSX: ASR) and SSR Mining (TSX: SSRM) (NASDAQ: SSRM) this morning announced that...

Monday, May 11, 2020, 09:17:35 AM