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Barkerville Gold Mines Ltd.
Summary
| Project: | Cariboo Gold Project | |
|---|---|---|
| Deposit: | Shaft Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/29/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-8-2017: Barkerville Gold Mines Ltd. announces an Exploration/Drilling Update report for its Shaft Zone deposit at the Cariboo Gold Project project. Drilling results incl. 4.1m @ 48.07g/t Au from 165.9m. TORONTO, Aug. 29, 2017 /CNW/ - Barkerville Gold M | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Paul Geddes (Internal) | |
| ABSTRACT: | TORONTO, Aug. 29, 2017 /CNW/ - Barkerville Gold Mines Ltd. (TSXV: BGM) (the "Company" or "Barkerville") is very pleased to announce that additional drilling results from the ongoing 130,000 metre Phase II Island Mountain exploration drilling program at the Company's flagship Cariboo Gold Project have confirmed short range continuity of the vein systems and expanded a veining corridor at depth in the Shaft Zone. The Company is currently exploring and delineating the Valley and Shaft Zones with eight drill rigs, while a ninth drill rig is testing a broad gold in soil anomaly on Barkerville Mountain. Drill ten is currently expanding the known mineralization on the BC Vein. Detailed drilling results, a drill hole location plan map, vertical section and longitudinal section are presented at the end of this release. "Drilling on Island Mountain again identifies new vein corridors and extensions to previously discovered mineralized zones," noted Chris Lodder, President and CEO of BGM. "With the large number of mineralized occurrences identified to date, the Exploration team is now working with our Operations and Environmental Departments on a development plan and permitting to gain new underground access to Island Mountain, the Valley Zone and Cow Mountain. This access will be advanced over the next few years and allow for more efficient exploration, assist with feasibility level work requirements and reduce surface disturbances. In the meantime, drilling from surface will continue at a rate of at least 120,000 m per year." | |
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