OverviewThe Champ Property claim consists of four contiguous mineral claims totaling 1,054 hectares located within the Nelson Mining Division of British Columbia 5 km from the town of Castlegar to the west. This is accessible by paved highway providing excellent access to the Champ property.
ExplorationThe Champ property was spun out to European Metals predecessor Hilo Mining Ltd. in early 2022. Hilo completed 6.5-line km of 3D IP surveying centred on the Dirty Jack showing. The IP survey was successful in highlighting a series of parallel northwest-trending linear resistivity lows adjacent to the Dirty Jack showing, in addition to a linear east-northeast chargeability high and associated resistivity low to the south. These two geophysical features were distinct to a minimum of 100 metres of depth.
HistoryChamp has a long exploration history prior to being acquired by Golden Independence Mining Corp. predecessor 66 Resources Corp. as its listing property; 66 Resources completed soil sampling and rock sampling over the north grid and south grid in 2017. A subsequent rock sampling program over the south grid was completed in 2020. The grids and rock sampling were concentrated on extending the known mineralization at the Champ and Dirty Jack showings. The Dirty Jack showing consists of massive sulfide fractures and disseminated sulfides in calc-silicate altered rocks. Preliminary exploration results include historical high-grade grab samples highlights of 5.16 g/t Au in addition to parallel northwest-trending soil and geophysical anomalies which suggest mineralization may continue along strike. The Champ showing is a zone of quartz veining and stockwork associated with a granitic to more mafic intrusive rocks. Preliminary exploration results include high-grade historical grab samples highlights of 3.5 g/t Au in addition to several soil geochemical anomalies.