For thousands of other reports visit RSC's Mineral Intellingence Map
Barkerville Gold Mines Ltd.
Summary
| Project: | Cariboo Gold Project | |
|---|---|---|
| Deposit: | Island Mountain | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/26/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-4-2017: Barkerville Gold Mines Ltd. announces an Exploration/Drilling Update report for its Island Mountain deposit at the Cariboo Gold Project project. Drilling results incl. 14.5m @ 13.63g/t Au from 366.45m. Barkerville Gold Mines Ltd. (TSXV: BGM) (t | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Paul Geddes (Internal) | |
| ABSTRACT: | Barkerville Gold Mines Ltd. (TSXV: BGM) (the "Company" or "Barkerville") is pleased to announce a new discovery from the ongoing 130,000 metre Phase II Island Mountain exploration drilling program at the Company's flagship Cariboo Gold Project. The Company is currently exploring and delineating the Valley Zone with four drill rigs. Detailed drilling results, a drill hole location plan map, level plan and longitudinal section are presented at the end of this release. "Our pragmatic and disciplined exploration approach of drill testing the Shaft and Mosquito Creek Zones on aggressively spaced 100 metre drill centres to determine the extents of the mineralized system is consistently generating new zones of veining on Island Mountain", remarked Paul Geddes, P.Geo. the Company's Vice President Exploration. "Guided by our technical teams geological understanding of the controls on mineralization at the Cariboo Gold Project, our success rate has increased dramatically and we are eager to begin an infill drilling program on these new targets while still advancing the target pipeline with aggressively spaced exploratory drilling in this large gold system." The 130,000 metre 2017 Phase II exploratory and delineation drill program on Island Mountain is intended to determine the extent of the vein systems that were historically never explored, and is aimed at discovering new vein systems and sulphide replacement bodies that will ultimately inform a maiden resource at Island Mountain. Seven drill rigs are currently operating on Island Mountain, with an eighth rig testing for additional mineralization below the former Aurum and Cariboo Gold Quartz Mines which have never been explored since mining operations ceased circa 1960. | |
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