Jayden Resources begins drill program at Storm Lake

Oct 18, 2021

2021-10-18 09:08 ET – News Release


Mr. David Eaton reports


Jayden Resources Inc. has arranged up to a 6,000-metre diamond drill program on its Storm Lake gold property located in the Frotet-Evans greenstone belt in central Quebec.

Storm Lake consists of 48 contiguous claims that cover a gross area of approximately 2,610 hectares. Previous exploration on the property from various other companies includes 49 drill holes totalling 9,600 metres and eight showings (seven gold and one silver).

Pursuant to a National Instrument 43-101 technical report on Storm Lake dated Aug. 25, 2021 (which can be found at the company’s website), that recommended an exploration program estimated to cost $2.7-million, including various ground surveys and a property-wide exploration drill program.

Jayden recently completed the phase I work and will advance the recommended phase II drill program from 5,000 m to up to 6,000 m to include drilling on some new zones of interest recently identified.

Jayden has contracted Laurentia Exploration based in Saguenay, Que., to oversee the program. Jayden’s president and chief executive officer, David Eaton, commented, “The company was anxious to begin work on Storm Lake before the year end and looks forward to some positive results so we can advance the property even further beginning next spring.”

Technical information in this press release was reviewed by Maxime Bouchard, PGeo, MSc, recognized as a qualified person under the guidelines of National Instrument 43-101. The qualified person has not completed sufficient work to verify the historic information on the property, particularly in regards to historical drill results. However, the qualified person believes that drilling and analytical results were completed to industry standard practices. The information provides an indication of the exploration potential of the property but may not be representative of expected results.

We seek Safe Harbour.


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