For thousands of other reports visit RSC's Mineral Intellingence Map
Barkerville Gold Mines Ltd.
Summary
| Project: | Cariboo Gold Project | |
|---|---|---|
| Deposit: | Shaft Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-11-2017: Barkerville Gold Mines Ltd. announces an Exploration/Drilling Update report for its Shaft Zone deposit at the Cariboo Gold Project project. Drilling results incl. 28.5m @ 14.69g/t Au from 647m. TORONTO, Nov. 28, 2017 /CNW/ - Barkerville GoldMi | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Paul Geddes (Internal) | |
| ABSTRACT: | TORONTO, Nov. 28, 2017 /CNW/ - Barkerville GoldMines 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. 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 very pleased to report that potentially new mineralized corridor has been discovered at depth on Island Mountain. Phase II drillholeIM-17-191 intersected three separate vein systems grading 19.16 g/t Au over 9.70 metres, 13.48 g/t Au over 16.60 metres and 14.69 g/t Au over 28.50 metres at vertical depths ranging from485 to 540 metres below surface. Due to the scarcity of drilling in this area, it is unclear whether the new mineralization correlates as a depth extension to the interpreted Gamma Corridor or represents a previously unidentified new corridor. A Gamma Corridor section with widened viewing envelope is presented at the end of this release for reference. Previously disclosed Phase II drillholeIM-17-145 is located 50 metres southwest of the new intersections having graded 17.34 g/t Au over 7.05 metres. Situated 150 metres to the northeast, drill hole CM-17-018 intersected similar veining grading 8.16 g/t Au over 4.00 metres near the end of the hole and may not have been drilled far enough to test the new mineralization. No other drilling occurs down dip or down plunge of the IM-17-191 intersections and as such are open for immediate expansion. | |
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