Drill Program At Timmins Area Gold Projects Recommences


VANCOUVER - HighGold Mining Inc. reported the start of a 3,500 meter drill program at its Munro-Croesus and Golden Mile properties located in the Timmins gold camp, Ontario, Canada. The Program follows-up and expands upon the Company's drill program that was suspended mid-March in response to COVID-19.

At Munro-Croesus, the Company recently completed a prospecting and mapping program followed by mechanical stripping, power washing and channel sampling of gold-bearing quartz vein systems. Several of these vein prospects, which are developed in areas outside the historic Croesus mine environment, will be drill tested for the first time during the current drill program. Highlights from the first batch of assayed channel samples include: 11.24 grams per tonne gold ("g/t Au") over 1.85 meters; 17.05 g/t Au over 0.8 meters; and 8.42 g/t Au over 1.5 meters.

HighGold has also continued to expand its Munro-Croesus land position with recent property purchases and claim staking, which taken collectively, increase the size of the property fivefold to 20 square km (1,968 ha). The acquisitions have consolidated a previously fragmented and under-explored package of highly prospective ground within the influence of the Pipestone Break, a regional fault system that is host to gold deposits throughout the Timmins gold camp.