HighGold reports best intersection drilled at JT deposit; stock rises

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In addition to documenting higher grade gold, the northeast orientation of drill hole JT22-152 has also allowed HighGold to test – and confirm – that the southern edge of the JT deposit is bounded by a cross-fault. This opens-up the potential for additional displaced mineralization to continue further to the south than previously thought.

“The exceptional results of drill hole JT22-152 underscore the highly attractive combination of large intervals of high-grade mineralization that characterize the JT deposit, which consists of a thick, oblate body of stockwork veining and breccia,” commented president and CEO Darwin Green.

Results from the other holes including JT22-148, which intersected 9.3 metres at 7.18 g/t gold, 0.22% copper and 5.57% zinc (10.9 g/t AuEq), also demonstrate potential additions to the mineral resource between the known inferred resources.

The JT deposit currently hosts inferred resources of 706,000…

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