Avidian Gold

Company focus: Gold in the US (Avidian OTCQB:AVGDF & TSX.V:AVG)

Avidian Gold is preparing to drill two projects in 2022.

Starting in May, we will commence a 3,000 m RC drill program at our 100% owned Jungo project located in the Humboldt Trend in NW Nevada. The project is located between the Sleeper (7 Moz Au) and Hycroft (25 Moz Au) deposits along a 5 km long gold-copper trend that has been outlined at surface plus previous drilling hitting 4.3 m of 1.7 g/t Au, 57.7 g/t Ag and 2.7% Cu. The project is fully permitted and bonded

In Alaska our road accessible Amanita project is located 5 km south of Kinross Gold’s Fort Knox Mine (and grade-starved mill) where in 2020 we drilled 27m of 3.11 g/t Au below a trench that ran 4.22 g/t Au over 27m. Infill drilling begins in August as we begin outlining a near surface high-grade oxide gold deposit.

Our district scale Golden Zone project located in the Tintina Gold Belt is home to the Breccia Pipe deposit which contains an NI 43-101 compliant gold resource of 300 K oz Au and 1.5 M oz Ag. A 3,200 m drilling program in August 2021 outlined a 600 m long mineralized corridor named the Mayflower Extension Zone with assays that included 46.63 m of 1.08 g/t Au and 15.24 m of 2.65 g/t Au.

Avidian is major shareholder of newly listed High Tide Resources (CSE: HTRC) with two advanced stage projects in the southern Labrador Trough of Labrador & Quebec. Plans include daylighting a maiden iron ore resource at the Labrador West Project (adjacent to Rio Tinto/IOC’s 23 mtpy Carol Lake Mine) and begin work on the Lac Pegma Copper Nickel Cobalt Deposit located in Quebec only 60 km south of our base in Labrador City.

Major shareholders:
Eric Sprott – 12%
David Anderson – 10%
Crescat Capital – 1%
Jim Bryce – 1%
Management ownership – 11%