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Barkerville Gold Mines Ltd.
Summary
| Project: | Cariboo Gold Project | |
|---|---|---|
| Deposit: | Shaft Zone, Mosquito Creek | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/26/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-7-2018: Barkerville Gold Mines Ltd. announces an Exploration/Drilling Update report for its Shaft Zone, Mosquito Creek deposit at the Cariboo Gold Project project. Drilling results incl. 22.5m @ 11.95g/t Au from 41.0m. TORONTO, July 26, 2018 /CNW/ - Ba | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Maggie Layman (Internal) | |
| ABSTRACT: | TORONTO, July 26, 2018 /CNW/ - Barkerville Gold Mines Ltd. (TSXV: BGM) (the "Company" or "Barkerville") is pleased to announce additional drilling results from the 50,000-meter 2018 Island Mountain exploration and delineation program at the Company's flagship Cariboo Gold Project. The infill drilling results continue to demonstrate continuity and expansion of modelled vein corridors at both Shaft Zone and Mosquito Creek. Recent results include three intersections greater than 100 g/t Au including 105 g/t Au over 0.65 meters in hole IM-18-066, 113 g/t Au over 0.50 meters and 104.5 g/t Au over 1.15 meters in hole IM-18-081. Detailed drilling results, a drill hole location plan map and vertical section are presented at the end of this release. Link To 3D Model To view the 3D model with the most recent drills from this news release click the link above & then click on "3D resource Model", in addition to viewing our model you can also take a full virtual tour of the project by clicking "Cariboo Gold Project". The intervals noted above were intersected in holes designed to infill and expand mineralized vein corridors on Island Mountain down to depths of 500 meters. The program consisted of 50,000 meters drilled in 162 holes in the Shaft Zone and Mosquito Creek on Island Mountain. Vein corridors are defined as a high-density network of mineralized quartz veins within the sandstones. Mineralized quartz veins on the Cariboo Gold Project are overall sub-vertical dip and northeast strike. These corridors have been defined from surface to a vertical depth of 600 meters and remain open for expansion at depth and down plunge. Gold grades are intimately associated with vein-hosted pyrite as well as pyritic, intensely silicified wall rock haloes in c | |
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