Friday, September 15, 2017

California Gold Mining Inc. - CGM.v

California Gold Mining Inc. - CGM.v is advancing the flagship Fremont gold project in Mariposa County, California. The co's claims span 3,351 acres of historically producing gold mines.

On August 25, 2017 the company released NEWS

California Gold Mining Inc. is pleased to provide an operational update for the Company’s flagship Fremont gold project (“Fremont”, or the “Property”) in Mariposa County, California.

The Company’s current NI 43-101 compliant mineral resource of 515,000 ounces grading 1.71 g/t gold in the Indicated category, and an additional 364,000 ounces grading 1.44 g/t gold in the Inferred category, encompasses the Pine Tree-Josephine zone only. The Pine Tree-Josephine Zone hosts two historical underground gold mines and covers a strike length of roughly one kilometre, out of a total strike of four kilometres over which the Mother Lode shear zone (the “Shear Zone”) is interpreted to extend on the Property.