Taiga Gold (TGC.C) has staked an additional 1621 hectares (16.21 square kilometers) expanding its Leland gold project to a total of just over 7,700 hectares.
The new staking activity (highlighted in yellow on the map at the top of this article) now covers two additional mineral occurrences in close proximity to the already known mineralization at Leland. The Duck Lake Occurrence now covers two quartz stockwork zones within a shear with the Main zone traded for about 180 meters at surface. This zone has been subject to a sampling program with gold values up to 3.2 g/t but no significant exploration activities have been taken since 1988.
The second zone that was staked is the Robinson Lake showing, less than 10 kilometers east of Duck Lake where grab samples returned 0.6 g/t gold.
We will discuss Leland and the other properties that aren’t covered by the joint venture with SSR Mining (SSRM, SSRM.TO) in a separate report. Taiga also received an exploration update from SSR Mining which has now suspended its drill activities on the Fisher property due to the COVID-19 outbreak. Fortunately SSRM was able to complete almost all holes it was planning to drill in the winter season and the assay results of those holes are pending (and should be released to Taiga in the next few weeks). Once Taiga receives and interprets these drill results, we should see an extensive exploration update from the company.
Disclosure: The author currently has no position in Taiga Gold. Taiga is a sponsor of the website.
