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Barkerville Gold Mines Ltd.
Summary
| Project: | Cariboo Gold Project | |
|---|---|---|
| Deposit: | Shaft Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/21/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-2-2018: Barkerville Gold Mines Ltd. announces an Exploration/Drilling Update report for its Shaft Zone deposit at the Cariboo Gold Project project. Drilling results incl. 13.3m @ 12.16g/t Au from 757.2m. TORONTO, Feb. 21, 2018 /CNW/ - Barkerville Gold | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Paul Geddes (Internal) | |
| ABSTRACT: | TORONTO, Feb. 21, 2018 /CNW/ - Barkerville Gold Mines Ltd. (TSXV: BGM) (the "Company" or "Barkerville") is pleased to announce additional drilling results from the 2017 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 Shaft Zone with seven drill rigs. 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 report new mineralization expansion from the ongoing drilling at Island Mountain. Phase II drillhole IM-17-201 intersected 104.5 g/t Au over 1.00 meters at a vertical depth of 10 meters from surface. This new intersection is 40 meters up dip from previously modelled vein corridor, therefore potentially extending this vein corridor near surface. IM-17-215 intersected 23.86 g/t over 6.65 meters at a vertical depth of 400 meters from surface and, further down hole, intersected 12.16 g/t Au over 13.30 meters at a vertical depth of 570 meters from surface, demonstrating wide corridors at depth. IM-17-215 represents one of the deepest intercepts to date, drilling at these depths are widely spaced and untested at depth. Additional drilling is warranted to expand this mineralization. | |
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