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Barkerville Gold Mines Ltd.
Summary
| Project: | Cariboo Gold Project | |
|---|---|---|
| Deposit: | Island Mountain Shaft Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/31/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-10-2017: 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. 4.00m @ 35.20g/t Au from 118.45m. TORONTO, Oct. 31, 2017 /CNW/ - | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Paul Geddes (Internal) | |
| ABSTRACT: | TORONTO, Oct. 31, 2017 /CNW/ - Barkerville Gold Mines Ltd. (TSXV: BGM) (the "Company" or "Barkerville") is pleased to announce additional drilling results from the ongoing 160,000 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. The Company is pleased to announce that Phase II drillhole IM-17-169 has expanded the recently announced Beta Corridor via the intersection of 19.58 g/t Au over 6.65 metres at a vertical depth of 320 metres below surface. The expansion occurs 90 metres southwest and up dip along corridor strike from previously disclosed Phase II drillhole IM-17-142 which intersected 10.04 g/t Au over 8.20 metres. Infill drilling between the above-mentioned drillholes has demonstrated the grade and geological continuity of this area as IM-17-173 intersected two veining systems grading 10.82 g/t Au over 8.60 metres and 7.70 g/t Au over 8.35 metres at respective vertical depths of 275 and 350 metres below surface. The Beta Corridor still remains open for expansion along vein strike as well as downdip. | |
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