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Barkerville Gold Mines Ltd.
Summary
| Project: | Cariboo Gold Project | |
|---|---|---|
| Deposit: | Island Mountain Shaft Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-9-2017: 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. 34.3m @ 7.09g/t Au from 461m. TORONTO, Sept. 14, 2017 /CNW/ - Bar | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Paul Geddes (Internal) | |
| ABSTRACT: | TORONTO, Sept. 14, 2017 /CNW/ - Barkerville Gold Mines Ltd. (TSXV: BGM) (the "Company" or "Barkerville") is pleased to announce that 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 has expanded a veining corridor at depth in the Shaft Zone. The Company is currently exploring and delineating the Valley and Shaft Zones with nine drill rigs, while drill ten is expanding the known mineralization on the BC Vein. Detailed drilling results, a drill hole location plan map and vertical section 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. The Company is pleased to report that Phase II step-out drillhole IM-17-143 has expanded to depth one of the Shaft Zone veining corridors intersecting 7.09 g/t Au over 34.30 metres at a vertical depth of 425 metres below surface. This occurrence is located 50 metres downdip of recently reported drillhole IM-17- 131 which averaged 53.26 g/t Au over 11.55 metres, 390 metres vertically below surface and represents an area at depth open for immediate expansion. Located in the southeastern portion of the Shaft Zone at a vertical depth of 300 metres below surface, IM- 17-146 has discovered another new occurrence of high tenor veining grading 17.45 g/t Au over 8.60 metres. Again, this new area is open for expansion along vein strike and to depth due to the scarcity of drilling in this area. | |
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