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Bandera Gold Ltd.
Summary
| Project: | Taylor Brook | |
|---|---|---|
| Deposit: | Taylor Brook | |
| Location: | Canada | |
| Commodities: | Zinc-Lead-Copper-Silver-Gold | |
| Date: | 3/29/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-3-2017: Bandera Gold Ltd. announces an Exploration/Drilling Update report for its Taylor Brook deposit at the Taylor Brook project. Drilling results incl. 1.23m @ 3.4% Pb, 5.53% Zn, 126g/t Ag, 276ppm Au from 86.8m. Edmonton, AB, March 29, 2017-Bandera | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Bruce Downing (Not stated) | |
| ABSTRACT: | Edmonton, AB, March 29, 2017-Bandera Gold Ltd. (TSXV:BGL) (“Bandera”) reports drill results on two holes (TBD 16 - 40 and 41) of an initial diamond drill program at its Taylor Brook lead – zinc – silver Property in the Bathurst Mining Camp, New Brunswick (see press release February 22, 2017) Both drill holes were designed to test the extension of a mineralized horizon intersected in hole TBD 14 – 39. This hole (drilled in 2014) intersected two zones, 2.5 meters of massive to semi-massive sulphide returning low grade lead zinc grading 2.5% combined Pb/Zn and a lower zone returning 4.47 % combined Pb/Zn across 8 meters. Hole 16-40 intersected 3.4% lead, 5.53 % zinc and 126 gm/t silver across 1.23 metres. Both drill holes intersected the same mineralized horizon and extended the known zone approximately 100 metres to the east. Further exploration is warranted, as the deposit has not been delineated laterally to the east or west, nor at depth. The deposit appears to have a nucleus of higher grade massive sulphides concentrated in the northwest of the deposit that remains untested. This deposit appears to have several mineralized horizons, of which the latest drill program may have only intersected the upper most horizon. | |
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