Core Viewpoint - Paradigm Gold Corporation has received a 5-year drilling permit for the Swift Katie Gold-Copper Property in British Columbia, allowing for exploration until December 31, 2030 [1]. Drilling Plans - Preparation for drilling is set to begin in early 2026, focusing on expanding gold mineralization identified in a 2017 drill program at the Swift Target, with an initial plan of 2,000 meters of drilling [2]. - The drilling will target areas around the TR19 zone and SK17-019, which previously assayed 8.6 meters of 3.1 grams per tonne (g/t) Au [2]. Mineralization Insights - The Katie Copper-Gold Porphyry target has also been permitted for drilling, with semi-continuous, strongly anomalous Cu-Au mineralization outlined over a cumulative strike length of 1.8 kilometers [3]. - Highlights from previous drilling at the Katie Target include 101.5 meters of 0.19% Cu and 0.12 g/t Au, including 12.8 meters of 0.43% Cu and 0.15 g/t Au from hole VKT08-069 [3]. Property Overview - The Swift Katie Project consists of 19 contiguous MTO mineral claims covering 83 square kilometers in a geologically favorable area of British Columbia, historically known for significant mining camps [4]. - Drilling to date has identified three accumulations of semi-continuous Cu-Au mineralization over a cumulative strike length of 1,800 meters, with plans for eight infill holes totaling 2,600 meters to enhance mineralization size and continuity [5]. Exploration Potential - The Au-Ag zones at the Swift target show promise for further exploration based on encouraging results from drilling in 2016 and 2017, with mineralization hosted in altered volcaniclastic rocks of the Elise Formation [6]. - The geological environment may indicate a transition from a porphyry to an epithermal system, similar to mineralization styles found in the historic Rossland Mining Camp, located 25 kilometers west of the property [6]. Company Background - Paradigm Gold has an experienced management and exploration team with a successful track record in North America, focusing on quality projects to enhance shareholder value [7]. - The company's flagship property is the 100% owned Swift-Katie Cu/Au project, which benefits from year-round access and excellent infrastructure [7].
Paradigm Gold Receives 5 Year Drill Permit for Swift Katie Gold-Copper Property, BC
Newsfile·2025-11-25 14:00