Cranbrook, B.C., July 13th, 2021: Taiga Gold Corp (CSE: “TGC”) (“Taiga”) has received analytical results from SGO Mining Inc., a wholly owned subsidiary of SSR Mining Inc. (“SSRM”) (TSX: SSRM) (NASDAQ: SSRM) containing analytical results from drilling carried out in early 2021 on the Fisher Property (the “Property”) located 125km east of La Ronge, Saskatchewan. The Property is contiguous to the north, south and east with SSRM’s Seabee Gold Operation and is owned and operated by the Fisher Joint Venture (“Fisher JV”), comprised of 80% ownership by SSRM and 20% by TGC. 2021 Q1 drilling focussed on mineralization at the Mac North Zone, discovered earlier by SGO personnel. Analytical results from this program returned the highest gold values reported to date at Fisher, confirming the continuity and tenor of gold mineralization in this area. Drilling activity was suspended due to break-up conditions in early April and resumed in June 2021 (see TGC news release June 3rd, 2021). This current drilling activity has recently been concluded (details below).
Highlights:
- Widespread high-grade mineralization confirmed by drilling at Mac North Zone over a down-plunge area of 180m x 650m- open in all directions
- All four holes completed reported significant gold mineralization (>1 g/t Au), with visible gold reported in two holes
- DDH FIS 21-065 returned 4.91 g/t Au over 8.13m from 341.80m to 349.93m
- Including 7.25 g/t Au over 5.13m from 344.8m to 349.93m
- Including 22.99 g/t Au over 1.46m from 348.47m to 349.93m
- DDH FIS 21-064 returned 3.76 g/t Au over 3.63m from 134.25m to 137.88m
- Including 7.2 g/t Au over 0.88m from 137.00m-137.88m
- DDH FIS 21-062 returned 3.51 g/t Au over 2.83m from 260.95m to 263.78m
- Drill intervals estimated at 70-90% of true widths
Drill intervals estimated at 70-90% of true widths.
Listen to a debrief of this news release by Tim Termuende, Taiga Gold President and CEO here
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