Elissa Resources has begun the core drilling program at the Sage Creek gold project. This project is situated in east-central Idaho, USA. The target of this drilling program is gold along with the open-pit prospective that is up to 150 m deep.
The CEO and President of the company, has stated that Sage Creek’s shallow and tabular gold-bearing unit has the potential to enclose a huge and economically feasible gold resource. A prior explorer ignored the positive drilling results of a near-surface area, which focused its partial drilling at the deeper and prospective gold bearing formations.
Sage Creek has extensive surface gold mineralization, which comprises rock float that bears gold and the rock float has up to 30 g/t gold all through the region. The company has intersected up to 3.0 g/t gold 10 m during the limited historical drill program. Sage Creek and its surrounding areas have several historical gold mines that are of the open-pit type.
Sage Creek’s gold-bearing target is a Precambrian-age unit that includes a banded iron structure and lightly dipping interbedded chert. The unit is located in a shallow area, which is sub-parallel to the hill slants. So, many historical gold mines present at the property and the nearby regions were upgraded as open-pit processes.