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

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Steadright To Conduct Multi-Phased Exploration At Historic Goundafa Polymetallic Mine

Goliath Resources Drills 10.72 g/t Gold Over 7.83 Metres At Surebet

Related News

West Red Lake Intersects 10.16 G/T Gold Over 1.5 Metres

West Red Lake Gold Mines (CSE: RLG) this morning announced that it has completed the...

Thursday, February 18, 2021, 08:32:45 AM

Japan Gold Looks To Raise $15.0 Million In Private Placement

Japan Gold (TSXV: JG) this morning announced that it will be conducting a private placement....

Friday, June 25, 2021, 08:02:54 AM

Blackrock Gold Hits 1.5 Metres Of 4,643 G/T Silver Equivalent At Tonopah West

Blackrock Gold (TSXV: BRC) this morning reported further results from its flagship Tonopah West project,...

Thursday, October 8, 2020, 09:11:50 AM

Silver Bull Releases Maiden Resource For Beskauga Project

Silver Bull Resources (TSX: SVB) this morning released a maiden mineral resource estimate for its...

Thursday, January 28, 2021, 09:18:37 AM

SKRR Exploration Begins 2020 Field Program At Leland Gold Property

SKRR Exploration (TSXV: SKRR) has finally received the required permits to proceed with its planned...

Monday, September 14, 2020, 09:03:58 AM