Robber Gulch site Credit: Gold Lion Resources
Gold Lion Resources has announced a Carlin-type oxidized gold discovery at its Robber Gulch property in Idaho. Trench RG-TR-20-03, completed within the Raider zone, returned 174 metres of 0.45 g/t gold, including a 138-metre section of 0.51 g/t gold. This trench intersected a broad interval of disseminated gold within a gold-in-soil anomaly.
Cross-trench RG-TR-20-02 also hit 36 metres of 0.59 g/t gold. The mineralized zone remains open with additional trenches planned along strike to the south.
“The new Raider Zone trench discovery represents a major milestone in the exploration and development at Robber Gulch,” exploration manager Chris Paul said in a release. Paul added that these trench results far exceed “any previously reported historic grades and widths on the property. Broad intervals of intense alteration, quartz stockwork and limonite mineralization indicate the presence of a significant Carlin-type system on the property.”
The trench samples were collected as 2- to 3-metre-long chip samples along the length of the trench.
This latest discovery lies within road-accessible Bureau of Land Management (BLM) land and, according to the release, features geology similar to Liberty Gold’s Black Pine oxide project.
Cyanide-soluble assays from the highlight interval returned a weighted average of 90% of fire assay, suggesting “thoroughly oxidized” gold mineralization.
An initial reverse-circulation drill program has also started at the site – the first hole has been submitted for analysis and assays are pending.
For more information, visit www.GoldLionResources.com.