Gold Miners Ramp Up Mining Activities To Take Advantage of High Gold Prices

Gold mining companies are ramping up mining activities in a bid to take advantage of the current high gold prices. Idaho Campion Gold Mines Canada is the latest to confirm Shallow anomalies and high priority targets at its Champagne gold project.

Champagne Project

Exploration results from an induced polarization survey at the Champagne gold project affirm strong IP responses over more than two kilometers. The survey also identified deeper chargeable and resistive bodies that indicate buried roots of the Champagne precious metal system.

According to Idaho Champion CEO, Jonathan Buick there is strong IP response a t the project that can be correlated between profiles over a 2KM strike. The first round of drilling at the project was directed at the historic targets with the next phase expected to focus on high priority targets with considerable size potential.

Soma Gold Plans

Soma Gold is another gold mining company ramping up mining operations with plans to produce between 1,800 and 2,000 ounces a month in the second half of the year. The gold miner generates the precious metal form two mines the L Ye and Los Mangos at the El Bagre project in Antioquia district of Colombia.

Having generated a total of 17,170 ounces of gold last year, the company is planning to produce 22,500 ounce in 2021. Likewise, it plans to commission and begin production works at the El Limon mine 10 Kilometers form the El Bagre mill.

PolarX is another gold miner to post positive gold exploration results in the recent past. The company has delivered a treasure trove of high grade gold and silver results from the first-pass sampling program at the Humboldt Range project.

Immediate sample results indicate assays of 37.7 grams per ton gold and 31.2g/t gold and stunning 1590 g/t silver. The company has already completed the rock chip sampling program as part of due diligence on the high grade hold silver acquisition in Nevada.

Separately, Premier Gold Mines has filed a management information circular that invites premier security holders to vote and virtually attend a special meeting of holders of common shares.

By reading our website you agree to the terms of our disclaimer, which are subject to change at any time. Owners and affiliates are not registered or licensed in any jurisdiction whatsoever to provide financial advice or anything of an advisory nature. Always do your own research and/or consult with an investment professional before investing. Low priced stocks are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold us, our editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters, website, twitter, Facebook or chat. We do not advise any reader to take any specific action. Our releases are for informational and educational purposes only. Never invest purely based on our articles. Gains mentioned on our website, twitter, Facebook, and on our website may be based on EOD or intraday data. We may be compensated for the production, release, and awareness of this article. We will disclose any and all compensation on the article page. This publication and its owner never hold positions in the securities mentioned in our articles. Our information may contain Forward-Looking Statements, which are not guaranteed to materialize due to a variety of factors. We do not guarantee the timeliness, accuracy, or completeness of the information on our site. The information in our disclaimers is subject to change at any time without notice. We are not held liable or responsible for the information in press releases issued by the companies discussed in these write-ups. Please do your own due diligence