| Announcement Date: | 2022-02-28 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Avidian Gold Corp. |
| Project name: | Golden Zone |
| Location: | United States |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 10.67m @ 0.51g/t Au, 7.3g/t Ag, 0.19% Cu from 4.57m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | TORONTO, Ontario, February 28, 2022 – Avidian Gold Corp. (“Avidian” or the “Company”) (TSX-V: AVG & OTCQB: AVGDF) is pleased to provide an update from the Copper King/Long Creek 2021 reverse-circulation (“RC”) drilling program at its district-scale (125.5 sq. km) Golden Zone Project (Figure 1) strategically located in south-central Alaska midway between Anchorage and Fairbanks only 10 km west of paved State Highway 3, the Alaska Railroad and the 345 kV Alaska Intertie power lines. A total of 1,512.54 m in ten (10) RC holes were drilled within the Copper King/Long Creek area as a follow-up to the previous drilling to test the continuity of a known mineralized conglomeratic unit and geophysical targets related to a large magnetic low and CSAMT Impedance anomaly which defined near-surface resistivity highs that are interpreted to be intrusions into overlying sediments, all within the vicinity of a quartz-eye granite porphyry. The Copper King/Long Creek area occurs in the Long Creek mineralized corridor, which is characterized by Cu-Au-Ag mineralization in a variety of geological settings over a 2 km long strike length (Figure 2). |
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