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Avidian Gold Corp.: Avidian Gold s Review of 2020 Highlights and 2021 Exploration Plans
TORONTO, ON / ACCESSWIRE / February 3, 2021 / Avidian Gold Corp. ( Avidian or the Corporation ) (TSXV:AVG)(OTCQB:AVGDF) is providing a summary of the major 2020 exploration accomplishments, 2020 corporate activity and its 2021 exploration/corporate plans. The 2020 exploration program focused primarily on the Amanita property, located 5 km southwest and adjacent to the Fort Knox gold mine situated within the Fairbanks Gold Mining District, Alaska. A small exploration program was also carried out on the Golden Zone property in preparation for a 2021 program. Both the Amanita and Golden Zone properties are situated within the prolific Tintina Mineral Belt, which is known to host numerous multi-million ounce gold deposits. Both properties are accessible on a year-round basis.
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Avidian Gold Corp.: Avidian Initiates Permitting Process to Drill at Amanita
TORONTO, ON / ACCESSWIRE / January 27, 2021 / Avidian Gold Corp. ( Avidian or the Company ) (TSXV:AVG) & (OTCQB:AVGDF) is pleased to announce that it has initiated the permitting process for the 2021 drill program at its 100% owned Amanita Project located in the Fairbanks Mining District. The prime objective of the 2021 drill program will be delineation drilling of the NE-SW striking mineralized trend intersected in hole AM20-02 (Avidian Press Release dated December 17, 2020). A secondary objective is to test the sub parallel mineralized zone to the immediate south of AM20-02 and continue testing additional exploration targets identified at Amanita. The Amanita property is located 5 kilometres southwest and contiguous to Kinross Gold s (TSX: K) Fort Knox mine.
Avidian Gold Corp.: Avidian Reports Amanita Drill Results from First Two Holes Including, 27.22 m of 3.11 g/t Au in Hole AM20-02 Intersected Below 27.0 m of 4.22g/t Au in Trench D-West
13.30
All assays reported in this table are presented in core length as at this time there is insufficient data with respect to the orientation of the mineralized intersections to calculate true widths.
AM20-01 was designed to pass under the north-trending intersection of
22.5 m of 11.51 g/t Au in Trench C-North (see Press Release of January 7, 2020) and intercept this zone at a vertical depth of approximately 50 m. However, the upper 75 m of AM20-01 are structurally complex and movement along these structures is likely to have displaced the mineralization as no significant mineralization was intercepted in the upper part of the hole. The NE striking mineral trend (see Figure 2) approaches AM20-01 as it has been tested by historical RC hole AH-14 which intersected 16.76 m @ 1.03 g/t Au at a depth