PriceSensitive

Stallion Gold (TSXV:STUD) commences surface exploration in Idaho

Mining
TSXV:STUD
16 June 2021 13:45 (EDT)

Stallion Gold (STUD) announced a field crew has commenced a surface exploration program on the Horse Heaven Gold Project.

The project is located near Yellow Pine in Valley County, Idaho.

The Horse Heaven Gold Project is comprised of 695 mining claims covering 5,644 hectares.

The company is undertaking an extensive soil, stream sediment, and rock geochemical survey of the Golden Gate Fault Zone, aiming to determine the location of anomalous gold and antimony.

The initial surface exploration will consist of approximately 1,000 samples. The contents will be laboratory analyzed to locate mineralization which was the first reported in historical surveys over 40 years ago.

It is expected the initial phase of the surface exploration will take three to four weeks to complete. The surface geology results and geochemical assay results will be released will be released at the end of the groundwork exploration program once results are available and reviewed.

“This is an exciting time for the company as we kick off our first ground-based exploration program.  The program is critical to advance the Project in preparation for advanced geophysical surveys and drill hole targeting. We’re also happy to report that the majority of the crew and resources are from Idaho as we work to support economic development in the state,” said Stallion Gold CEO Drew Zimmerman.

Stallion Gold is using modern exploration techniques to explore historical and new mineral targets on its expansive land package.

Stallion Gold is unchanged, trading at C$0.51 at 12 pm ET.

Related News