In gold news, Joshua Gold Resources Inc. (JSHG / OTC Pink Sheets) is pleased to announce that it has recently acquired full ownership of 12 mining claims adjacent to its historic Champion Gold Mine property east of Kenora, Ontario, Canada. The company has dubbed the new property Champion Two.
The acquisition of Champion Two is notable because it sits adjacent to the company’s Champion Mine property, which it acquired in August 2022. While long-dormant, the Champion Mine has a long documented history and is known to have produced 1521 ounces of gold (as of May 1936). A recent ground sampling program conducted by the company produced intriguing results.
Fred Sharpley, JSHG’s Chief Geologist and Qualified Person (QP) said of those results, “Two high-grade grab samples 19483 and 19484 were about 3m and 5m down the shaft assayed 33.6 g/t Au and 123 g/t Au respectively in the quartz vein.” He went on to add, “Additional sampling of the quartz veins on the property is required.”
The new property, Champion Two, was recently ground sampled by the previous rights holder prior to the acquisition by JSHG. Lab results from that program are pending. Joshua Gold Resources plans to report on those when they are available.
Joshua Gold Resources CEO Ben Fuschino commented, “Based on the excellent independent lab results from our ground sampling program at our adjacent Champion Mine site, we’re excited to add even more gold potential into Joshua Gold Resources’ property portfolio.”
About Joshua Gold Resources Inc.
Joshua Gold Resources Inc. (OTC Pink: JSHG) is a publicly traded American gold and mineral exploration company headquartered in Canada, home to the 3 billion-year-old Canadian Shield which contains a wealth of minerals from nickel, gold, copper, lithium, cobalt, niobium, lithium to chromium.
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