For thousands of other reports visit RSC's Mineral Intellingence Map
Barkerville Gold Mines Ltd.
Summary
| Project: | Cariboo Gold Project | |
|---|---|---|
| Deposit: | Cow Mountain | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/29/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-6-2016: Barkerville Gold Mines Ltd. announces an Exploration/Drilling Update report for its Cow Mountain deposit at the Cariboo Gold Project project. Drilling results incl. 2.55m @ 119.69g/t Au from 89.45m. VANCOUVER, BC– June 29, 2016 – Barkerville Go | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Paul Geddes (Internal) | |
| ABSTRACT: | VANCOUVER, BC– June 29, 2016 – Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company” or “BGM”) is pleased to announce results from the Phase I drilling program on Cow Mountain at the Company’s Cariboo Gold Project (CGP). The results of these drillholes are presented in Table 1. A drillhole location plan map and a longitudinal section are offered at the end of this release. The initial 30,000 metre (18,452 metres completed), Phase I drilling program on Cow Mountain was exclusively intended to upgrade areas of geological uncertainty and secondly to augment the geological model in areas that were entirely devoid of historical drilling. The Pinkerton, Sanders, Rainbow and No. 1 Zones have been drilled in the near surface by previous operators at a sufficient hole spacing as to demonstrate a high degree of geological confidence and as such were not the focus of this first drilling campaign. In total, 101 drillholes have been completed to date on approximately 50 metre centres throughout select areas of Cow Mountain. A previously undeveloped and unexplored area of gold-bearing quartz veins hosted between the Sanders and Rainbow Zones at approximately 250 metres vertical depth below surface has been identified during the Phase I program. With three drill rigs on Cow Mountain, the budgeted 30,000 metre Phase I campaign is continuing and preferentially concentrated on optimizing the continuity of gold mineralization in the near surface. | |
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