Bark­erville Gold drills 8.6m of 17.45 g/t Au at Cari­boo

Stockwatch Daily - - MINES & METALS - Mr. Chris Lod­der re­ports

AD­DI­TIONAL DRILLING re­sults from the con­tin­u­ing 130,000-me­tre phase 2 Is­land Moun­tain ex­plo­ration and in­fill drilling pro­gram at Bark­erville Gold Mines Ltd.’s flag­ship Cari­boo gold project have ex­panded a vein­ing cor­ri­dor at depth in the Shaft zone. The com­pany is cur­rently ex­plor­ing and de­lin­eat­ing the Val­ley and Shaft zones with nine drill rigs, while drill 10 is ex­pand­ing the known min­er­al­iza­tion on the B.C. vein.

High­lights:

• IM-17-123: 5.76 grams per tonne gold over 20.30 me­tres;

• IM-17-140: 16.79 g/t Au over 4.00 me­tres;

• IM-17-141: 6.09 g/t Au over 20.40 me­tres;

• IM-17-141: 11.17 g/t Au over 3.40 me­tres;

• IM-17-143: 7.09 g/t Au over 34.30 me­tres;

• IM-17-146: 17.45 g/t Au over 8.60 me­tres. Drilling ex­pands Shaft zone cor­ri­dors to depth

The com­pany is pleased to re­port that phase 2 stepout drill hole IM-17-143 has ex­panded to depth one of the Shaft zone vein­ing cor­ri­dors in­ter­sect­ing 7.09 g/t Au over 34.30 me­tres at a ver­ti­cal depth of 425 me­tres be­low sur­face. This oc­cur­rence is lo­cated 50 me­tres downdip of re­cently re­ported drill hole IM-17-131 which av­er­aged 53.26 g/t Au over 11.55 me­tres, 390 me­tres ver­ti­cally be­low sur­face and rep­re­sents an area at depth open for im­me­di­ate ex­pan­sion.

Lo­cated in the south­east­ern por­tion of the Shaft zone at a ver­ti­cal depth of 300 me­tres be­low sur­face, IM-17-146 has dis­cov­ered an­other new oc­cur­rence of high-tenor vein­ing grad­ing 17.45 g/t Au over 8.60 me­tres. Again, this new area is open for ex­pan­sion along vein strike and to depth.

Se­lected drill re­sults are shown in the ac­com­pa­ny­ing ta­ble.

(See BGM Ta­ble 1 on page 7)

“The phase 2 drilling pro­gram at Is­land Moun­tain con­tin­ues to yield strong re­sults with re­spect to ex­pand­ing upon the size­able, high-tenor vein cor­ri­dors that are po­ten­tially amenable to bulk un­der­ground min­ing meth­ods,” said Paul Ged­des, PGeo, vice-pres­i­dent of ex­plo­ration. “As we con­tinue to in­fill the Shaft zone and ex­pand the known cor­ri­dors, we are not only demon­strat­ing the con­ti­nu­ity but the size of this im­pres­sive gold sys­tem.”

We seek Safe Har­bor.

Karen Bax­ter con­densed this news re­lease (karenb@stock­watch.com).

John Fe­liks Burzyn­ski, John Joseph Kutke­vi­cius, Chris Lod­der, An­thony Paul Makuch, Thomas John Obradovich, Morris J Prychidny, Sean E O Roosen, John Wil­liam Sabine, An­dree St-Ger­main

(BGM) Shares: 360,114,997

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.