Joshua Gold Resources Acquires Champion Gold Mine, Canada
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Joshua Gold Resources Inc. (JSHG) has acquired the Champion Mine in the Kenora region of Northwest Ontario in Haycock Township.
JSHG acquired the gold and silver mine as it owns contiguous mineral claims to the mine and the patent owner defaulted on the taxes, placing the mine under 100 percent JSHG ownership.
The Champion Mine was discovered in 1898. Historical records are sketch but in 1926 231 tons of ore was milled producing 107 ounces of gold and 15 ounces of silver.
“The Haycock Gold Property consists of northeast trending Island Lake Quartz Diorite and mafic volcanics to the south. The property consists of three mineralized shear zones, the Silverman, Treasure, and East,” said Fred Sharpley, P.Geo, about the Champion Mine’s geology.
“It is recommended to carry out mechanical stripping, surface check sampling followed by 1000 meters of diamond drilling on the three zones,” added Sharpley.
This month, JSHG’s geology team will be sampling the shaft on the Champion Mine and will release the findings.
About Joshua Gold Resources
Joshua Gold Resources Inc. is an American gold and mineral exploration company headquartered in Canada, home to the 3 billion-year-old Canadian Shield which contains a wealth of minerals from nickel, gold, copper, lithium, cobalt, niobium, lithium, to chromium.
To stop by Joshua Gold Resources’ website, CLICK HERE
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