Gold Basin Resources Corporation (TSX-V:GXX) said its latest drill program at the Gold Basin oxide gold project has revealed high-grade gold intercepts. The company announced additional assay results from the recently completed reverse-circulation drilling program at the project, highlighted by 50.2 meters grading 1.29 g/t gold from a depth of 85.4 meters, with a higher-grade section of 27.4 meters at 2.08 g/t gold.
Gold Basin Resources Corporation (TSX-V:GXX) announced on Tuesday the completion of its Q2/Q3 resource expansion and delineation drilling program at its Gold Basin oxide gold project in northwestern Arizona. The company reported promising results, including broad oxide gold intercepts from the Stealth Deposit, reinforcing the project's potential for further exploration.
Gold Basin Resources Corporation (TSX-V:GXX) has unveiled additional promising reverse circulation drill assay results from its ongoing resource expansion and delineation drill program at the Gold Basin gold project in Arizona. One drill hole at the Stealth Deposit returned a broad, near-surface, high-grade oxide gold intercept of 51.8 meters at 1.31 grams per ton (g/t) of gold from 82.3 meters, including 38 meters at 1.69 g/t gold from 94.5 meters.
| Metals & Mining Industry | Materials Sector | Charles David Ross Straw CEO | OTC PINK Exchange | 37518K102 CUSIP |
| CA Country | 6 Employees | - Last Dividend | - Last Split | - IPO Date |
Gold Basin Resources Corporation is a company primarily engaged in the acquisition and exploration of mineral property assets within North America. It has a strategic focus on the Gold Basin project located in Mohave County, Arizona. This significant project encompasses both mineral rights and unpatented mining claims, spanning an area of considerable size. Initially known as Fiorentina Minerals Inc., the company underwent a rebranding to align with its core project's name. Established in 2017, Gold Basin Resources Corporation has its headquarters situated in Vancouver, Canada, reflecting its commitment to leveraging Canadian expertise in the mining sector while operating its exploration activities in the United States.
This is Gold Basin Resources Corporation's flagship service, involving the exploration of the vast Gold Basin property in Arizona. The property includes five mineral rights covering 2,389 acres and 290 unpatented mining claims over 5,280 acres. The focus here is on assessing the viability and potential extraction of valuable minerals from this extensive land area, reflecting the company's commitment to tapping into North America's rich mineral resources.