Bark­erville drills 11.6 m of 20.53 g/t Au at Cari­boo

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

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 (karenb@stock­

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: 388,815,997

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.