Wednesday 30th September 2020

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Gaia Metals samples high-grade gold with silver and base metals, plans fall drilling in Idaho

by Greg Klein | September 10, 2020

Results from a sampling program seem to justify the property expansion announced just eight days earlier. On September 10 Gaia Metals TSXV:GMC released the first batch of assays from its first field program on the Freeman Creek gold-polymetallic project in Idaho.

Wrapping up work late last month, the team collected 224 rock samples throughout the property, then 599 hectares but since expanded to 862 hectares through staking.

A magnetic survey also covered the project’s Gold Dyke and Carmen Creek prospects, a 162-sample soil grid targeted Gold Dyke and additional prospecting came to Carmen Creek.

Some highlights from the more advanced Gold Dyke prospect show:

Gaia Metals samples high-grade gold with silver and base metals, plans fall drilling in Idaho

A prospector props up outcrop at
Freeman Creek’s Gold Dyke prospect.

  • 10.9 g/t gold, 80.1 g/t silver, 0.72% copper, 1.97% lead and 7.9% zinc (found in talus)

  • 4.32 g/t gold and 292 g/t silver (from outcrop)

Carmen Creek highlights include:

  • 15.3 g/t gold, 41 g/t silver and 0.78% copper (outcrop)

  • 11.8 g/t gold, 36.9 g/t silver, 0.76% copper, 0.01% lead (outcrop)

  • 5.57 g/t gold, 35.4 g/t silver, 0.78% copper (talus)

  • 4.98 g/t gold, 148 g/t silver and 32% copper (talus)

The initial results delineated a mineralized strike at Carmen Creek of at least 350 metres, Gaia stated. With most assays still to come, results would cover a potential 500 metres or more of additional strike.

Now awaiting a drill permit, the company expects to begin a five- or six-hole, 1,000-metre program at Gold Dyke within weeks. Among targets would be two historic holes to be twinned.

Gaia also has permitting underway for Carmen Creek’s first-ever drill campaign. Preceding that would be a follow-up surface program on Carmen Creek coinciding with rig activity at Gold Dyke.

Read more about Gaia Metals.

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