Acquisition Of Private Surface And Mineral Rights At Champagne Project

TORONTO - Idaho Champion Gold Mines Canada Inc. has signed a binding Property Lease and Option Agreement with a private family to lease, with an option to acquire, 100% interest in new surface and mineral rights on properties within Idaho Champion's Champagne Gold Project in Idaho. The properties include four parcels of private ground (the "Champagne Summit Ranch" or the "Ranch") totaling 240 acres, which is located adjacent to the federal mining claims already controlled by Idaho Champion. The Ranch is located northwest of the past-producing pits and will be instrumental in the Company's 2021 drilling program and ongoing exploration of the large IP anomaly on the project.

"The surface and mineral rights to the Champagne Summit Ranch will have an immediate impact on the Champagne Project. Not only does part of the IP anomaly extend onto this ground, but the new property will also improve our access and infrastructure in the area at a very low cost. Given the rights associated with privately-held surface and mineral rights in Idaho, we can immediately commence work on the leased ground. We also welcome the Lessor family as shareholders and appreciate their trust and support of our exploration strategy, " said, President and CEO, Jonathan Buick.