Extended Target At Baner Gold Project With High Gold In Rock Chips

TORONTO - Idaho Champion Gold Mines Canada Inc. reported rock sample results from a mapping and sampling program on the North Claims of the Baner Gold Project. Numerous samples from drill pads, access roads, historic mines, and prospect pits returned gold values above 1.0 g/t gold. The Zenith Mine site is located west of the recently completed 2020 drill pattern and will be a priority target for the 2021 drilling season.

Jonathan Buick, President and CEO, said, "While we await the results from the lab for our completed 2020 drill program, we are pleased to have identified more strong gold targets along trend. It is clear from these new results that the OroGrande Shear Zone is host to a robust gold system for kilometers along strike. The new gold anomalies to the west and north of our 2020 drilling program location give us confidence that there are many more targets to be assessed with our 2021 exploration program."

This new documented gold occurrence at the BL Mine on the Baner North claims adds more than one kilometer to the gold-bearing strike length of the OroGrande Shear Zone. The recently completed 2020 drill program tested this rich part of the structure. While laboratory delays have been a challenge throughout the western US this year, assay results from the 2020 drill program are expected during December.

These rock samples were generally collected from excavations of drill pads, access roads, or the prospect pits and mines along the route. The sampling procedure was to collect representative chip samples across 1 meter of outcrop. In total, this mapping and sampling program entailed the collection of 117 samples across the northern part of the property. 11 samples returned highly anomalous gold values of 0.5 g/t or more.

Idaho Champion made use of industry-standard quality control measures, such as the insertion of blind analytical control and blank samples into the laboratory submittal.

The samples were assayed for gold by fire assay of a 30-gram aliquot (or 1 assay ton) with a gravimetric finish. The detection limit for gold by this method is 0.10 g/t (100 ppb).