Historical Drill Results At The Champagne Project

TORONTO, ON - Idaho Champion Gold Mines Canada Inc. reported historical data including historical drilling for the past-producing Champagne Project. The Data was recently purchased from Kinross Gold Corporation. Historical drill results included drill hole LC8609 which contained 1.57 grams per ton (g/t) gold (Au) and 41.94 g/t silver (Ag) over 71.6 metres and included 4.20 g/t Au and 35.57 g/t Ag over 13.7 metres.

The Data has been organized into Northern, Central, and Southern Areas. This Data includes historical drilling, trenching and geological studies focused on the recently purchased patented claims. A historic, non-NI 43-101 compliant resource of 2.3 million tons (MT) at 1.9 grams was determined by Bema Gold Corporation (Bema) prior to mining. The computational method used to derive the resource is unknown.

"The Data is currently being used to plan a drill program for Summer 2020", President and CEO Jonathan Buick stated. "We are pleased to be advancing the Champagne Project as our second Idaho-focused gold project. In addition to the planned work for the Banner Project in Elk City Idaho, the recent Data and land acquisition have positioned the Company to explore and create value for Champion in the coming months. The Data acquired identifies gold showings that were not thoroughly explored or developed during the mining efforts in the early 1990s and Champion plans to focus on these areas as well as other promising exploration targets."