Idaho’s Newest Gold Discovery
The Baner Project is Idaho Champion’s flagship project. The Baner Project consists of 215 unpatented lode claims, covering approximately 4,225.5 acres (1,710 hectares). The Baner Project property consists of two parts:
- (i) the wholly owned, recently staked “BC Group” of claims;
- (ii) the historic Baner property (collectively, the “Baner Project”).
The first drill program on the property, 19 holes (over 5,000 metres) was completed in November 2018 and confirmed an initial gold discovery. Based on these positive results, and subject to funding, the Company proposes to undertake additional technical work and a second drill program to continue to delineate the gold discovery in three dimensions, with the longer term objective of establishing a mineral resource estimate.
- Multi-million ounce potential
- Located in the middle of Orogrande Shear Zone
- 5 miles N. of Friday project (Endomines AB) (set for production in Q1 2020)
- Exploration program to begin at end Q3 2020
- Property 100% owned with no NSRs
- 215 Claims totaling 1,763 Hectares of land located in the middle of the Orogrande Shear Zone which hosts a number of gold deposits, including (but not limited to), the Friday Gold Project located 5 miles south of Baner (Endomines AB announced commercial production in April 2020)
- Drill program completed November 2018. +5,000 metre program (19 holes total).
- Highly oxidized mineralization begins at surface and exploration has “open pit” potential.
Baner Project In “The Fairway”
A re-emerging gold mining district, with active exploration and new production as Endomines began producing gold from underground resource in Q1/20 at the Friday.
Metallurgical Testing – 2019
- Gold readily leached from the sample. Gold extractions ranged from 87.1% to 93.2% with higher extractions coming from the finer ground material. The majority of gold was extracted in the first 24 hours with slower kinetics observed with the 10 mesh leach test.
- Head analyses indicate that the composite sample contains approximately 1.0 g/mt Au and 2.0 g/mt Ag. There is virtually no organic carbon or sulfides present in the sample.
- The gold present in the composite sample is free milling with extractions over 87% even at a coarse particle size of 10 mesh. A maximum gold extraction of 93% was achieved at 100 mesh and 200 mesh grinds, but with significantly higher cyanide consumption than observed at the 10 mesh particle size.