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Barkerville Gold Mines Ltd.
Summary
| Project: | Cariboo Gold Project | |
|---|---|---|
| Deposit: | Island Mountain Shaft Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/11/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-10-2017: Barkerville Gold Mines Ltd. announces an Exploration/Drilling Update report for its Island Mountain Shaft Zone deposit at the Cariboo Gold Project project. Drilling results incl. 5.30m @ 87.66g/t Au from 458m. TORONTO, Oct. 11, 2017 /CNW/ - Ba | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Paul Geddes (Internal) | |
| ABSTRACT: | TORONTO, Oct. 11, 2017 /CNW/ - Barkerville Gold Mines Ltd. (TSXV: BGM) (the "Company" or "Barkerville") is pleased to announce additional drilling results from the ongoing 130,000 metre Phase II Island Mountain exploration and infill drilling program at the Company's flagship Cariboo Gold Project. The Company is currently exploring and delineating the Valley and Shaft Zones with nine drill rigs, while a tenth drill is expanding the known mineralization on the BC Vein. Detailed drilling results, a drill hole location plan map and vertical sections are presented at the end of this release. The exact geometry and hence true width of the mineralized zones cannot be assuredly concluded at this time therefore core lengths are reported. A newly defined veining corridor, the Beta Corridor, has been extended via the intersection of 20.53 g/t Au over 11.60 metres and 87.66 g/t Au over 5.30 metres at vertical depths of 365 and 415 metres below surface in Phase II drillhole IM-17-145. These new extensions occur 65 metres along vein strike to the northeast of previously reported drillholes IM-17-134 and IM-17-143 which intersected 53.26 g/t Au over 11.55 metres and 7.09 g/t Au over 34.30 metres respectively. The new Beta Corridor pierce points defined by IM-17-145 are untested along vein strike and down dip. | |
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