For thousands of other reports visit RSC's Mineral Intellingence Map
Agnico Eagle Mines Ltd.
Summary
| Project: | Barsele | |
|---|---|---|
| Deposit: | Skirasen Zone | |
| Location: | Sweden | |
| Commodities: | Gold | |
| Date: | 7/27/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-7-2016: Agnico Eagle Mines Ltd. announces an Exploration/Drilling Update report for its Skirasen Zone deposit at the Barsele project. JV with Barsele Minerals Corp. - drilling results incl. 33.0m @ 4.08g/t Au (uncapped). In June 2015, Agnico Eagle acqu | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Alain Blackburn, Guy Gosselin (Internal) | |
| ABSTRACT: | In June 2015, Agnico Eagle acquired a 55% interest in the Barsele project in Västerbotten County, northern Sweden. The Company can earn an additional 15% interest in the project through the completion of a pre-feasibility study. The most recent results from the 28,600- hectare property were released in a Company news release dated April 28, 2016. The Barsele property is known to contain intrusive-hosted gold mineralization (the Central, Avan and Skirasen zones), which appears to be similar to the Goldex deposit. The property also hosts gold-rich polymetallic volcanogenic massive sulphide mineralization (the Norra Zone). The Avan, Central and Skirasen zones extend over a strike length of 2.6 kilometres within a granodiorite that ranges in width from 200 to 500 metres over a strike length of more than eight kilometres. Gold is generally associated with arsenopyrite and low base metal content, but also occurs as native metal locally. A second phase of drilling commenced the end of April with one drill rig, and a second rig was added in early June. During the second quarter, drilling was done on the Skirasen and Avan zones testing induced polarization and magnetotelluric geophysical anomalies (similar to anomalies in the Central Zone) that were identified in a Titan-24 geophysical survey conducted in the second quarter. Drilling at Barsele during the second quarter totalled 3,972 metres (6 holes). The total drilling in the first half of 2016 is 8,807 metres, while a cumulative total of 17,192 metres has been drilled since the start of the Company’s program in October 2015. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report