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

2026 Could Be Gold’s Biggest Year Yet!? | Ryan King – Equinox Gold

Gold Is Screaming Higher While Currencies Burn | Simon Ridgway – Rackla Metals

We Have the Highest-Grade Antimony Deposit in North America!? | Jim Atkinson -Antimony Resources

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

SKRR Exploration: Revitalizing Gold Exploration in Saskatchewan

A combination of declining worldwide gold reserves, geopolitical and economic instability, and rising gold prices...

Thursday, June 11, 2020, 10:00:00 AM

Pegasus Resources Reports 6,670 G/T Silver, 7.44 G/T Gold In Sample At Gold Mountain Property

Pegasus Resources (TSXV: PEGA) this morning finally announced the results of its fall 2020 prospecting...

Wednesday, January 13, 2021, 09:06:14 AM

Amex Exploration Discovers New Zone In Eastern Portion Of Perron Property

Amex Exploration (TSXV: AMX) continues to post positive results from the exploration of its Perron...

Wednesday, February 17, 2021, 08:07:34 AM

Trillium Gold Begins Drill Testing Refined Structural Model At Newman Todd

Trillium Gold Mines (TSXV: TGM) has updated its structural model for its flagship Newman Todd...

Tuesday, February 23, 2021, 07:52:58 AM

Gold Terra Begins 10,000 Metre Drill Program At Yellowknife City Gold Project

Gold Terra Resource Corp (TSXV: YGT) this morning announced that it has begun a 10,000...

Monday, August 17, 2020, 09:24:07 AM