Barkerville drills 11.6 m of 20.53 g/t Au at Cariboo
BARKERVILLE GOLD Mines Ltd. has released additional drilling results from the continuing 130,000metre phase 2 Island Mountain exploration and infill drilling program at the company’s flagship Cariboo gold project. The company is currently exploring and delineating the Valley and Shaft zones with nine drill rigs, while a 10th drill is expanding the known mineralization on the B.C. vein. Detailed drilling results are shown in the associated table.
• IM-17-145: 20.53 grams per tonne gold over 11.60 metres;
• IM-17-145: 87.66 g/t Au over 5.30 metres;
• IM-17-145: 17.34 g/t Au over 7.05 metres;
• IM-17-162: 13.58 g/t Au over 4.00 metres;
• IM-17-163: 11.21 g/t Au over 4.65 metres;
• IM-17-163: 13.71 g/t Au over 7.70 metres.
Veining corridors continue to expand
A newly defined veining corridor, the Beta corridor, has been extended via the intersection of 20.53 g/t Au over 11.60 metres and 87.66 g/t Au over 5.30 metres at vertical depths of 365 and 415 metres below surface in phase 2 drill hole IM-17-145. These new ex t ensi ons oc c ur 65 metres along vein strike to the northeast of previously reported drill holes IM-17-134 and IM-17-143. The new Beta corridor pierce points defined by IM-17-145 are untested along vein strike and downdip.
Another newly evolv ing vein network, the Gamma corridor, was also expanded at a vertical depth of 590 metres below surface by IM-17-145. This pierce point is 120 metres down plunge of previously reported drill hole IM-17-124. Again, this new intersection in the Gamma corridor is untested at depth and along vein strike.
Chris Lodder, president and chief executive officer, said: “As we continue to infill the Shaft zone we see that there
are new parallel corridors starting to be defined in close proximity. Thus, the exploration group has begun identifying these corridors as Alpha, Beta and Gamma and will continue with this nomenclature as new ones develop. The Shaft zone drilling firmly demonstrates the internal continuity as well as the exploration potential and predictability of the veining networks in undrilled areas.”
(See BGM Table 1 on page 6)
Shaft zone — corridors discussion
Sandstone-hosted veining constitutes the newly named Alpha, Beta and Gamma corridors of the Shaft zone. Based on drilling results to date, estimated horizontal widths of the corridors are variable and range from five to 35 metres. These corridors, as well as others that are developing in the Shaft and Valley zones, have been defined from surface to a vertical depth of 600 metres and remain open for expansion to depth and down plunge.
We seek Safe Harbor.
Karen Baxter condensed this news release (email@example.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
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