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Barkerville Gold Mines Ltd.
Summary
| Project: | Cariboo Gold Project | |
|---|---|---|
| Deposit: | Barkerville Mountain, Cow Mountain | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/17/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-10-2019: Barkerville Gold Mines Ltd. announces an Exploration/Drilling Update report for its Barkerville Mountain, Cow Mountain deposit at the Cariboo Gold Project project. Drilling results incl. 2.60m @ 83.19g/t Au from 159.90m. TORONTO, Oct. 17, 2019 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Maggie Layman (Internal) | |
| ABSTRACT: | TORONTO, Oct. 17, 2019 /CNW/ - Barkerville Gold Mines Ltd. (TSXV: BGM. the "Company" or "BGM") is pleased to announce the new drilling results from the 2019 exploration and category conversion program at the Company's flagship Cariboo Gold Project in central British Columbia. New results from 39 recent holes on Barkerville Mountain (KL Zone) include 10.92 g/t Au over 3.65 meters including a sample of 30.20 g/t Au over 0.90 meter in exploration hole BM-19-057, 6.60 g/t Au over 7.25 meters in BM-19-068 and 44.20 g/t Au over 0.50 meter in hole BM-19-078, located approximately 500 meters from the Bonanza Ledge deposit. The apparent strike length of this system is 1.5 kilometers, outlined from the recent drill results and the Company's detailed lithological and structural mapping programs conducted over the last two years. A new target area was tested between the Cow Mountain and Bonanza Ledge deposits, east of the Lowhee Fault. The first five holes in this area, known as the Lowhee Zone, have returned anomalous gold results including 30.80 g/t Au over 0.70 meter in BM-19-084, 5.10 g/t Au over 5.95 meters in BM-19-087 and 6.13 g/t Au over 5.15 meters in BM-19-088. This area is interpreted to be the offset extension of Cow Mountain, based on the Company's detailed lithological and structural mapping programs and geochemical sampling. The Company is currently exploring this area with one diamond drill rig. | |
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