Gold Lion Releases 2021 Erickson Ridge Exploration Program

Gold Lion Resources (CSE: GL) this morning announced its exploration plans for its Erickson Ridge gold property near Elk City, Idaho. The company currently is planning to begin exploration on the property in June in what will be the first drill program on the property in decades.

The exploration program outlined by Gold Lion is to include both a maiden drill program, as well as a property wide soil sampling program. Drilling, the first on the property since the 1980’s, is to include at minimum 12 holes over 2,000 metres. Drilling is to focus on a zone of shear-zone mineralization that was historically reported, as well as drill test multiple deep IP chargeability anomalies discovered by the company last year.

The soil sampling program meanwhile is to include over 1,000 individual soil samples, with the program running on 50 metre sampling spacing along 150 metre lines. The program will be focused on the Top Ten Fault, which trends northeast to southwest on the property while having a strike length of 5 kilometres across the property.

Gold Lion Resources last traded at $0.16 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 Silver Needs to Slow Down to Go Higher | Dan Dickson – Endeavour Silver

Silver Dips Are Getting Bought, This Is How Breakouts Start | John Feneck

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

Recommended

Antimony Resources Planning 10,000 Metre Drill Program For H1 2026

Canadian Copper Closes On Sale Of Turgeon Project In New Brunswick For Cash And Shares

Related News

Gold Lion Resources Begins Drilling At Robber Gulch Gold Property

Gold Lion Resources (CSE: GL) has begun what it refers to as its inaugural drill...

Tuesday, December 8, 2020, 08:23:23 AM

Spot Gold Crosses $1,900, Gold December Futures Contract Hits All Time High Territory

The price of gold continues to climb as investors clamor to get a bit of...

Friday, July 24, 2020, 09:45:44 AM

Battle North Releases Further Assays For McFinley, Pen Zones, Provides Guidance For Resource Estimate Timelines

Battle North Gold Corp (TSX: BNAU) this morning reported further results from its drilling program...

Thursday, September 24, 2020, 08:24:53 AM

GMV Minerals: A Step Closer to Mining Gold in Arizona

GMV Minerals Inc (TSXV:GMV) is a Vancouver-based junior gold exploration company that is developing its...

Sunday, December 13, 2020, 09:00:00 AM

Karora Announces Gold Production Guidance Of 185,000 – 205,000 Ounces By 2024

Karora Resources Inc. (TSX: KRR) announced today its three-year production guidance, highlighting 185,000-200,000 ounces of...

Monday, June 28, 2021, 09:24:00 AM