HighGold Mining to mobilize for 2021 drilling at Johnson Tract project, Alaska in May

HighGold Mining Inc (CVE:HIGH) (OTCQX:HGGOF) told investors it will mobilize for this year's fully-funded drill program at its flagship Johnson Tract (JT) polymetallic gold project in mid-May as it revealed all assays had now been received for 2020's work.  Last year, HighGold sunk over 16,000 metres (m) in 32 holes at the Alaska asset and notably, the gold, copper, zinc, silver, lead mineralization associated with the JT deposit has now been expanded to a total strike of 500m and a down-plunge distance of 575m.  READ: HighGold Mining hails regional exploration at Johnson Tract in Alaska, which shows widespread, diverse mineralization over large area It remains open along strike to the northeast and southwest and at depth. Highlights in 2020 also included the discovery of VMS mineralization 600m northeast and on trend from the JT deposit, which opens up the potential for a new style of mineralization. There was also the discovery of strongly mineralized copper, gold, zinc boulders, 200m up-valley from the deposit, known as the Gap target, highlighting the potential along a newly defined mineralized corridor, said HighGold. "We are very pleased to see that the extent of the JT mineralized system is growing as we continue to step out northeast and down-plunge of the deposit,” said CEO Darwin Green. "Focus will now turn to the upcoming 2021 field season in which we will be targeting both larger step-outs to the northeast and down-plunge with wide-spaced drilling for additional zones of high-grade gold and continued expansion of the JT Deposit." Green added that outside of the JT Deposit, the company was also set to drill the highly prospective DC target and rank a series of large areas of gold and silver mineralization (rock and soil geochemistry), which are prime targets for follow-up. HighGold also highlighted the emergence last year at Johnson Tract of the Footwall Copper Zone, a new zone of copper-silver rich mineralization now hit in seven drill holes. At the main JT deposit area this year, the drill focus will include systematic step-outs along strike and down-plunge from the current modeled resource testing the 600-meter long Gap target. The company also aims to examine the sparsely-drilled northeast-trending ‘prospective corridor’ between the JT Deposit and the original  Northeast Offset (NEO) target. The program and budget for the 2021 program will be announced in detail in late April, it added. Highlight assays from the final nine 2020 holes reported today included a length of 1.10m at 10.9 g/t gold-equivalent and 9m at 2.3 g/t gold-equivalent at JT Deposit expansion drilling. Johnson Tract lies near tidewater in south-central Alaska. It hosts the high-grade JT deposit, which has a resource of 750,000 indicated ounces of 10.9 g/t gold equivalent and at least nine other prospects over a 12km strike. Contact the author at giles@proactiveinvestors.com