Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold and Silver Gain with Oil
By: Chris Mullen, Gold Seeker Report

Gold Stocks Remain in Downtrend but Uranium Stocks on the Cusp of New Bull Market
By: Jordan Roy-Byrne CMT, MFTA

Sunsets in the Land of U.S. Dollar Hegemony
By: Michael Ballanger

Precious Metals Sector: It’s 2013 All Over Again
By: Przemyslaw Radomski, CFA

Rugby Initiates Drilling at San Antonio Gold Project, Colombia
By: Rugby Mining Limited

Merk Research - US Equity Markets
By: Merk Research

Silver Looks Poised To Move Soon
By: Hubert Moolman

Which Precious Metals Are Likely To Be Better Investments During The Next Market Crash?
By: Steve St. Angelo

Wall Street Keeps Cool As Tariff Threat Grows
By: Rick Ackerman

Silver Guru Video: “The End of Empire and End of Fiat Currencies”
By: GoldCore

 
Search

GoldSeek Web

 
Taiga Completes Fieldwork at Orchid Project, Provides Update on Ongoing Exploration at the Fisher Project

 -- Published: Tuesday, 14 August 2018 | Print  | Disqus 

Cranbrook, BC (FSCwire) - Taiga Gold Corp (CSE:TGC) (“Taiga”) has completed fieldwork on its 100%-owned Orchid project located 120km east of La Ronge, Saskatchewan and 70km south of SSR Mining Inc.’s (formerly Silver Standard Resources Inc.) (“SSR Mining”) Seabee Gold Operation. The 8,376ha property is situated along the same structural corridor and within rocks similar to those currently being mined at the Santoy mine. The property is considered to have excellent potential to host significant gold mineralization.

2018 fieldwork was comprised of geologic mapping, prospecting and soil sampling which followed-up a 500 line-km high-resolution airborne (drone) magnetic survey which was conducted earlier in the summer.

The objective of 2018 geological work was to establish drill targets for future exploration. All geochemical results for the program are pending.

Exploration follows up on a successful 2017 exploration program which included the collection of a total of 110 rock samples, including 11 channel samples. Twenty-five rock samples returned greater than 1.0 g/t Au, with a best grab sample result of 61.30 g/t Au.

As previously announced, Taiga has recently increased the property area by 50% to 8,376ha which carries no underlying royalties or encumbrances (Taiga NR June 28, 2018).

A summary map outlining pertinent geologic features and project highlights may be found here

Fisher Project Update

Exploration activity continues at the Company’s 100%-owned Fisher project (currently under option to SSR Mining), which is located immediately adjacent the Seabee Gold Operation and 30 km north of Orchid. The property is interpreted to contain similar regional geology and structure as Seabee/Santoy and Orchid. Two drills are currently on site and a total of approximately 8,550m have been completed in 14 holes up to the end of June. Results will be formally announced as they are received, compiled and interpreted.

A field crew of 8 are currently conducting surface exploration activity including prospecting, geological mapping and soil geochemical sampling.  A high-resolution airborne geophysical program was completed over specific areas of the property earlier in the season to aid in structural interpretation. Areas of the property which were not accessible during 2017 due to extensive forest fire activity are now being explored and are found to display greatly enhanced outcrop exposure due to the intensity of the fires.

An all-season road has been completed which links the Fisher property to the Seabee Gold Operation and planning is underway for construction of a year-round camp in the central region of the property.

SSR Mining recently stated that “Surface exploration drilling in the second quarter of 2018 outside the Santoy mine area focused on three areas including CRJ, Santoy 3 and Fisher with 12,052 meters being completed in 23 drillholes. Current activities are focused on testing first pass targets on the Fisher property identified along the length of the Santoy shear zone extension.  Holes completed during the quarter partially tested the Santoy shear zone extension and have intersected favourable lithologies, alteration and mineralization. Analytical results are pending and we continue to be encouraged by the potential of this early stage property” (SSRM NR August 9th, 2018).

A summary map outlining pertinent geologic features and project highlights may be found here.

About Taiga Gold Corp

Taiga Gold Corp was created through a plan of arrangement with Eagle Plains Resources Ltd. and owns 5 projects targeting gold in the area near the Seabee Gold Operation, owned and operated by SSR Mining.  Taiga’s flagship “Fisher” property is currently being explored by SSR Mining under option from Taiga.  

Taiga’s objective is to focus on the exploration and development of its gold projects located adjacent to the Seabee Gold Operation and along the Tabbernor Fault structure in eastern Saskatchewan, a highly-prospective mining jurisdiction which was recently recognized by the Fraser Institute as the second best place in the world in terms of Investment Attractiveness.  Throughout the exploration and development process, our mission is to help maintain prosperous communities by exploring for and discovering resource opportunities while building lasting relationships through honest and respectful business practices. 

On behalf of the Board of Directors

“Tim J. Termuende”

President and CEO

For further information on TGC, please contact Mike Labach at

1 866 HUNT ORE (486 8673)

Email: info@taigagold.com or visit our website at http://taigagold.com

Cautionary Note Regarding Forward-Looking Statements

Neither the CSE nor any other regulatory body has reviewed or approved the contents of this news release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming financings, work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

 


| Digg This Article
 -- Published: Tuesday, 14 August 2018 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus







 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2018



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.