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

First Majestic Q1 Earnings: A Bang Up Quarter

Copper’s Structural Shortage May Be Here to Stay | Colin Joudrie – Selkirk Copper

Why Barrick’s “Strong” Quarter Wasn’t So Strong | Q1 2026 Earnings

Recommended

Questcorp Wraps Expanded Drone Survey at La Union as Summer Drilling Approaches

Altamira Gold Extends Maria Bonita Footprint with 110 Metre Step-Out

Related News

Falcon Gold Sees First Hole At Central Canada Project Completed

Falcon Gold (TSXV: FG) has completed the first drill hole in its 2020 drill program...

Tuesday, April 21, 2020, 09:00:38 AM

Xander Resources Expands Claims At Blue Ribbon Property

Xander Resources (TSXV: XND) this morning announced that it has expanded its claims for the...

Wednesday, July 8, 2020, 10:59:24 AM

China Purchasing Canadian Gold Miners Amid Gold Rally

As the coronavirus pandemic significantly impaired economies around the world and seeded uncertainty and volatility...

Saturday, June 13, 2020, 05:46:00 PM

TMAC Resources: Stock’s Positive Performance Post-Dissolution of Takeover Agreement May Be Telling

On December 21, Canada’s government rejected the sale of TMAC Resources (TSX: TMR), a gold...

Wednesday, December 30, 2020, 11:54:00 AM

Exploits Discovery Acquires 17 Kilometres Of Strike At Dog Bay Project

Exploits Discovery Corp (CSE: NFLD) this morning announced that it has acquired a series of...

Thursday, October 22, 2020, 09:27:29 AM