HighGold Mining Update on Johnson Tract Project in Alaska

HighGold Mining Inc announced new assay results from the 2020 exploration drilling program at its flagship Johnson Tract Gold Project in Southcentral Alaska
HighGold Mining Update on Johnson Tract Project in Alaska
Johnson Tract Project,

HighGold Mining Inc announced new assay results from the 2020 exploration drilling program at its flagship Johnson Tract Gold Project in Southcentral Alaska in USA. Results are reported for four drill holes, including additional step-outs to the JT Deposit that extend high-grade mineralization down-plunge. Drilling has concluded for the year with a total of 16,420 meters completed in 33 drill holes. Assay results are still pending for 23 drill holes and will be released in batches over the next few months as received. President and CEO Darwin Green said "Today's results further extend mineralization to depth & down-plunge of the main JT Deposit. The results also highlight the opportunity to add high-tonnage/high-value mineralization with each new step-out hole. Observations of drill core from these and subsequent holes (for which assays are still pending) suggest the JT Deposit remains open for continued expansion down-plunge and that not all of it is faulted-off at depth as was previously interpreted."

Successive incremental step-outs have significantly expanded the known extent of resource mineralization. The JT Deposit has now been intersected over a strike length of 250 meters and a down-plunge distance of 315 meters and remains open for expansion to the Northeast, Southwest and at depth

Drill Highlights

Drill hole JT20-106, designed as a 20-meter step-out from drill hole JT20-95 (41.0 meters at 5.9 g/t gold equivalent ("g/t AuEq"), successfully intersected three closely-spaced mineralized intervals for a cumulative width of 40.4 meters:

22.8 meters at 3.2 g/t Au, 4 g/t Ag, 0.4% Cu, 6.0% Zn (8.2 g/t AuEq), including

17.4 meters at 3.9 g/t Au, 5 g/t Ag, 0.6% Cu, 7.6% Zn (10.3 g/t AuEq), including

7.4 meters at 8.6 g/t Au, 8 g/t Ag, 0.7% Cu, 10.2% Zn (17.5 g/t AuEq)

10.1 meters at 3.7% Zn, 0.7% Cu, 4 g/t Ag, 0.1 g/t Au (3.5 g/t AuEq)

7.5 meters at 0.8% Zn, 2.0% Cu, 16 g/t Ag, 0.1 g/t Au (3.6 g/t AuEq)

Drill hole JT20-100, designed as a 20-meter step-out from drill hole JT20-96 (20.1 meters at 13.8 g/t AuEq), successfully intersected 17.3 meters of zinc-rich mineralization and yielded a separate 9.0-meter intersection from the deeper Footwall Copper Zone:

17.3 meters at 6.1% Zn, 0.1% Cu, 1 g/t Ag, 0.2 g/t Au (4.1 g/t AuEq), including

7.3 meters at 11.1% Zn, 0.1% Cu, 1 g/t Ag, 0.2 g/t Au (7.1 g/t Au Eq)

9.0 meters at 1.4% Cu, 2.8% Zn, 7 g/t Ag, 0.1 g/t Au (4.0 g/t AuEq; Footwall Copper Zone)

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