HighGold Mining Update on Munro Croesus Project in Ontario
HighGold Mining Inc has reported the first round of assay results from the 2020 Fall Drill Program at its Munro Croesus project located in the Timmins gold camp,
HighGold Mining Inc has reported the first round of assay results from the 2020 Fall Drill Program at its Munro Croesus project located in the Timmins gold camp, Ontario in Canada. The Program evaluated targets in the immediate vicinity of the historic Croesus Gold Mine as well as new targets identified in recent trench sample results elsewhere on the property. A total of 31 holes were completed totalling 2,645 meters. Assays have been received for nine holes with significant results
Highlight Drill Intersections
190.5 g/t Au over 0.5 meters (MC20-43) at Croesus Mine target
includes 311.0 g/t Au over 0.3 meters
8.25 g/t Au over 0.4 meters (MC20-42) at Croesus Mine target
11.01 g/t Au over 1.1 meters (MC20-46) at #4 Shaft target
within a broad alteration & vein zone grading 3.16 g/t Au over 4.2 meters.
The 2020 Fall Drill program at Munro-Croesus was designed as a first pass orientation program that included targets adjacent to underground workings and at new prospects in outlying areas to the historic mine site. At the outlying prospects, drilling primarily consisted of short holes drilled beneath recently opened historic trenches with the objective of better understanding the geometry, continuity, and geological characteristics of prospects that have seen no work for many decades. In many cases these prospects appear to have not been previously drilled.