NEWFOUNDLAND - Anteros Metals Inc. reported on drill hole RM26-01 at the Seagull Critical Minerals…
Auxer Gold Property Acquisition Completed
VANCOUVER – Copper Quest Exploration Inc. has completed an arms-length Purchase Agreement to acquire Auxer Gold Property, located in Bonner County, Idaho. Road-accessible 1,087-hectare Property including 130 unpatented lode claims with proximity to the BNSF Railway mainline reducing transportation costs and development timelines compared to remote exploration projects. 7-kilometer strike length of mineralization shows strong geological similarities to orogenic gold settings with multiple high-grade ore shoots indicating the potential for a substantial underground mining operation. 1,000 meters of underground workings accessing historically sampled and mineable zones provides valuable geological data and potential cost savings through existing access points.
Permitted for Drilling through the IPNF Decision Memo providing immediate authorization for a surface diamond drill program. Permitted to re-establish underground access of historical workings providing an immediate opportunity to re-examine and sample the extensive historical workings, including the Boston Vein and Chicago Vein systems, potentially accommodating future underground drill programs. Proven near-surface, high-grade mineralization with historical underground development and modern exploration results by Lightning Creek Gold Corp with grades up to 26.8 g/t Au. Permitted Infrastructure authorizations including temporary road construction, overland travel access, and water withdrawal permits. Benefitting from Idaho’s established mining jurisdiction, featuring comprehensive regulatory frameworks, experienced mining contractors, and proximity to essential infrastructure.
Related Posts
VANCOUVER - Giant Mining Corp. announced the 2026 exploration season is underway at its Majuba…
TORONTO - Blossom Gold Inc. reported that Investmin Resources (Nevada) Inc., Blossom's wholly owned subsidiary,…