RCKS Talk

10-Sep-2018

Avidian Gold Corp.

New Gold Showing at Golden Zone

Impact: Positive

Avidian Gold has announced that it has discovered a new gold showing at its Golden Zone project and has staked an additional 4,403ha of ground immediately west, south and contiguous with its project, located 320 km north of Anchorage, Alaska.

  • After acquiring additional ground at the Golden Zone project, property-wide prospecting led to the discovery of multiple sulphide-bearing gossan zones ranging in thickness from 0.5-3.0m over a true width area of ~150m across ~300m in height, where the surface exposure of the new zone appears to extend into and through the mountain side to the other side giving a total strike length of ~450-500m (Figure 1)
  • The company obtained 23 grab samples across the 150 m width of the gossan with additional sampling underway, highlights include 6.14g/t Au, 5.41 g/t Au, 3.83g/t Au and 2.08 g/t Au
  • The JJ zone adds another large-scale potential target to the Golden Zone property, highlighting the district scale potential of it. We note that it now covers 105 sq. km of concessions (Figure 2)
In a previous report, we have highlighted that Avidian has only just scratched the surface at its highly prospective portfolio of exploration properties in Alaska where previous work has demonstrated signigicant potential. Near-term catalysts for the company include exploration drilling updates at its Golden Zone property, where assays are pending for a number of holes.

 

08-Sep-2018

Avidian Gold Corp.

Avidian Gold: Big Target Exploration in a Good Jurisdiction

Avidian Gold is a new gold explorer backed by an experienced management team focused on unlocking the value of a new project in the mining friendly jurisdiction of Alaska.

  • Golden Zone has lots of smoke suggesting a significant discovery is possible, this summer’s drill program could start the fire
  • Long Creek Corridor represents a high potential Au-Cu target, with initial drill results pending
  • Current valuation reflects recent success, but plenty of upside possible with a discovery
Avidian has just scratched the surface at its highly prospective portfolio of exploration properties in Alaska. Near-term catalysts for the company include exploration drilling updates at its Golden Zone property starting in May followed by exploration activities at its Amanita and Jungo projects.

13-May-2018

RCKS Charts

Catalysts are Key

In this edition of RCKS Charts, Keith has evaluated Toachi Mining Inc. (TSXV:TIM), Avidian Gold Corp. (TSXV:AVG), Aurania Resources Ltd. (TSXV:ARU), Novo Resources Corp. (TSXV:NVO), Golden Arrow Resources Corp. (TSXV:GRG) and NxGold Ltd. (TSXV:NXN).

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