Two Fully Funded 2020 Exploration Programs On Idaho Gold Projects

TORONTO - Idaho Champion Gold Mines Canada Inc. reported that it will dedicate the proceeds from its recently closed bought deal financing to initiate two fully funded 2020 exploration programs at its Baner and Champagne Gold Projects located in Idaho.

"The recently completed over-subscribed bought deal financing provides Champion with the capital needed to advance both of our gold properties. We have now initiated exploration programs that will allow Champion to better assess the geologic opportunities offered by its gold discovery at Baner and the brownfield Champagne Project," stated President and CEO Jonathan Buick. "Both projects can be "company makers" and, with funding in place, we are now full speed ahead in creating shareholder value and we are positioned to capitalize on a strong gold price environment."

The Company also announced that it is in the process of finalizing the drilling contractor for both 2020 drill programs.