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Midas Gold (TSX:MAX) has announced additional results from its ongoing mineral resource optimization drill program at the Stibnite Gold Project in Idaho. As quoted in the press release: The drilling program has multiple goals relating to enhancing the mineral resources defined in the December 2014 preliminary feasibility study (“PFS”), and continues to deliver positive results. …
Midas Gold (TSX:MAX) has announced additional results from its ongoing mineral resource optimization drill program at the Stibnite Gold Project in Idaho.
As quoted in the press release:
The drilling program has multiple goals relating to enhancing the mineral resources defined in the December 2014 preliminary feasibility study (“PFS”), and continues to deliver positive results. Assay results have been received for three additional drill holes completed at the Yellow Pine deposit and a fourth drill hole completed in the Hangar Flats area. Highlights of the drill holes are tabulated below, while complete results are attached at the end of this news release.
“The latest assay data from our ongoing drill campaign at Yellow Pine continues to provide positive results that support Midas Gold’s goal of enhancing the mineral resource at the Stibnite Gold Project,” said Stephen Quin, President & CEO of Midas Gold Corp. “Hole MGI-16-421 is the best hole ever reported by Midas Gold from its drilling at the Stibnite Gold Project and occurs at shallow depths within the limits of the 2014 preliminary feasibility study mineral reserve pit limits.” Results from two additional drill holes from 2017 drilling are pending, and one additional drill hole is being drilled before the current campaign is completed for the season.
