Drill Program Upsized To 15,000 Meters And 3rd Drill Rig Added At Johnson Tract Gold Project
VANCOUVER - HighGold Mining Inc. reported an increased scope and budget for the 2020 exploration program at its flagship Johnson Tract Gold Project in Southcentral Alaska. The previously announced plan for 7,000 to 10,000 meters of diamond drilling utilizing two drill rigs has been expanded to a planned minimum of 15,000 meters. A third drill rig has been contracted for arrival on site the first week of August.
"With the recently announced $12 million bought deal financing HighGold has positioned itself to maximize the 2020 field season," commented President and CEO Darwin Green. "The accelerated exploration program, which now includes three drill rigs and 15,000 meters 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."
As a reminder, HighGold 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 program will include additional holes at these five targets, as well as, plans to test new target areas.
For recent video footage and detail on exploration targets from the Johnson Tract 2020 exploration program by CEO Darwin Green click here, and for an aerial tour of the Project, click here.
The Company has implemented State of Alaska accepted field measures at the Project site to limit the potential exposure and spread of the novel coronavirus (COVID-19) virus amongst 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.