Third drill added to HighGold's Alaskan drill programme

HighGold Mining Inc.’s president and CEO, Darwin Green, has announced that the company has increased both the scope and budget for its 2020 exploration programme at its flagship Johnson Tract Gold Project in south-central Alaska.
Third drill added to HighGold's Alaskan drill programme Third drill added to HighGold's Alaskan drill programme Third drill added to HighGold's Alaskan drill programme Third drill added to HighGold's Alaskan drill programme Third drill added to HighGold's Alaskan drill programme

A expansion to the drill programme at the Johnson Tract Gold Project will see HighGold add a third drill rig to increase drilling capacity

The previously announced plan for 7,000 to 10,000m of diamond drilling utilising two drill rigs has been expanded to a planned minimum of 15,000m. A third drill rig has been contracted for arrival on site the first week of August.

"With the recently announced US$12 million bought deal financing HighGold has positioned itself to maximise the 2020 field season," Green said. "The accelerated exploration programme, which now includes three drill rigs and 15,000m of planned drilling, provides an opportunity to materially advance Johnson Tract this year. With an additional drill rig, we can test multiple target areas at the same time and rapidly follow-up on exploration success."

HighGold, which is a mineral exploration company focused on high-grade gold projects located in North America, has five key target areas in and around the main Johnson Tract deposit. These are JT Deposit Expansion, Northeast Offset, North Trend, Footwall Discovery, and Southwest Extension. The expanded programme will include additional holes at these five targets, as well as, plans to test new target areas.

The company has implemented State of Alaska accepted field measures at the project site to limit the potential exposure and spread of COVID-19 among its full- and part-time staff, contractors, local workforce and Alaskan communities. This includes laboratory-based medical testing of all staff prior to travel to site and government recommended protocols within the workplace and camp.

Alongside the Johnson Tract Gold Project, HighGold also controls a portfolio of gold projects in the greater Timmins gold camp, Ontario, Canada that includes the Munro-Croesus Gold property, which is renowned for its high-grade mineralisation, and the large Golden Mile and Golden Perimeter properties.

 

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