Idaho Champion Corporate Update and COVID-19 Preventative Measures
Idaho Champion Corporate Update and
COVID-19 Preventative Measures
Toronto, ON – March 23, 2020 - Idaho Champion Gold Mines Canada Inc. (CSE:
ITKO) (“Champion” or the "Company"), a discovery-focused gold exploration
company, announces that it has implemented preventative measures for both
corporate and technical offices in order to maintain the health and safety of the
Company’s employees and their local communities during the COVID-19
pandemic.
First and foremost, the Company is focused on the safety of our employees,
consultants and advisors. Non-essential travel has been eliminated and in-person
meetings have been curtailed given the social distancing that most groups are
observing. As an exploration stage company, we often work remotely in the
normal course, and we have formalized that approach for the time being with little
impact on productivity.
The Company’s current focus is on two areas, each of which is progressing well:
• Review of the newly acquired data base for our Champagne mine.
Champion’s technical team is currently reviewing the technical data base
for the Champagne mine, the data base was purchased from Kinross Gold
(Press release March 11, 2020). The Company will provide updates on its
findings in due course.
• Budgeting and planning for 2020 field season at Baner and
Champagne. With the recently closed over-subscribed Private
Placement, our team is currently putting together the field program for
both projects. Champion has received its drill permit for the Baner
project. Work would normally commence after spring break up, so, as of
this date, the Company has not been delayed in commencing work.
Each of these activities is of importance, and each is well advanced. The plan
remains to complete these de-risking steps and then evaluate market conditions
prior to commencing field programs.
ABOUT IDAHO CHAMPION
Idaho Champion is a discovery-focused gold exploration company that is
committed to advancing its 100% owned highly prospective mineral properties
located in Idaho, United States. The Company’s shares trade on the CSE under
the trading symbol “ITKO”. Idaho Champion is vested in Idaho with the Baner
Project in Idaho County, the Champagne Project located in Butte County near
Arco, and four cobalt properties in Lemhi County in the Idaho Cobalt Belt. Idaho
Champion strives to be a responsible environmental steward, stakeholder and a
contributing citizen to the local communities where it operates. Idaho Champion
takes its social license seriously and employ local community members and
services its operations.
ON BEHALF OF THE BOARD
“Jonathan Buick”
Jonathan Buick, President and CEO
For further information, please visit the Company’s SEDAR profile at
www.sedar.com or the Company’s corporate website at www.idahochamp.com.
For further information please contact:
Nicholas Konkin, Marketing and Communications
Phone: (416) 477 7771 ext. 205
Email: [email protected]
Cautionary Statements
Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or
accepted responsibility for the adequacy or accuracy of this press release
This press release may include forward-looking information within the meaning of Canadian
securities legislation, concerning the business of the Company. Forward-looking information
is based on certain key expectations and assumptions made by the management of the
Company. Although the Company believes that the expectations and assumptions on which
such forward-looking information is based on are reasonable, undue reliance should not be
placed on the forward-looking information because the Company can give no assurance that
they will prove to be correct. Forward-looking statements contained in this press release are
made as of the date of this press release. The Company disclaims any intent or obligation to
update publicly any forward-looking information, whether as a result of new information, future
events or results or otherwise, other than as required by applicable securities laws.