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 program at its Robber Gulch property located in Idaho. Drilling at the Carlin-type gold property has officially commenced, with drill crews having been mobilized to site.

The company has previously released that it has received approval from the Bureau of Land Management to allow up to five drill sites on the property, which is located near Burley, Idaho. All drill sites are said to be accessible by well maintained roads, while temperate weather conditions enable year-round drilling.

In terms of the size of the drill program, little details have been released by the company with respect to the total planned metres of drilling. Gold Lion has indicated that they intend to “drill as many meters as possible prior to the holiday break.” The first planned hole is on BLM land, with drilling to target outcrops located on Sawtooth National Forest Land where previous rock samples have yielded 6.49 g/t gold.

Furthermore, the company is currently in the process of preparing and submitting a trenching and drilling permit application for this national forest. The region has demonstrated the best soil and rock sampling results on the Robber Gulch property to date.

Gold Lion Resources last traded at $0.28 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 Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Antimony Resources Drills 4.38% Sb Over 7.05 Metres At Bald Hill In Final Hole Of 2025 Program

Kirkland Lake Drills 121 Metres Of 1.01 g/t Gold At Mirado

Related News

New Found Gold Sued By ThreeD Capital Over Private Share Transaction

Sometimes, private transactions are far messier than public transactions, despite what many retail investors think....

Thursday, August 6, 2020, 02:43:48 PM

Marathon Gold Announces $50.0 Million Financing, Majority Taken By Institutional Investor

Marathon Gold (TSX: MOZ) last night announced that it will be conducting a non-brokered private...

Friday, May 14, 2021, 07:57:00 AM

Xander Acquires Additional Claims At Senneville Property In Val-d’Or Gold Camp

Xander Resources (TSXV: XND) this morning announced the acquisition of the Senneville West Property, which...

Tuesday, June 2, 2020, 11:59:28 AM

Labrador Gold Drills 20.60 G/T Gold Over 3.6 Metres At Kingsway

Labrador Gold Corp. (TSXV: LAB) announced today the first intercepts of near-surface gold assays from...

Thursday, June 3, 2021, 09:21:00 AM

Gold Hits Record as China Launches Insurer Pilot Program

Gold prices reached an all-time high of $2,941 per ounce on Tuesday as China began...

Tuesday, February 11, 2025, 02:10:00 PM