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Barsele Minerals Corp.
Summary
| Project: | Barsele | |
|---|---|---|
| Deposit: | Barsele | |
| Location: | Sweden | |
| Commodities: | Gold | |
| Date: | 9/12/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-9-2016: Barsele Minerals Corp. announces an Exploration/Drilling Update report for its Barsele deposit at the Barsele project. JV with Agnico Eagle Mines - drilling results incl. 6.00m @ 16.20g/t Au from 221.00m. Vancouver, BC – Barsele Minerals Corp. | |
| Resources: | ||
| CP/QP: | [Overall Report]: Art Freeze (Not stated) | |
| ABSTRACT: | Vancouver, BC – Barsele Minerals Corp. – (TSX-V: BME) (“Barsele”) is pleased to provide a fifth operational progress update for the current exploration program within the Barsele Au-VMS Project area in Västerbottens Län, northern Sweden. The exploration program is being operated by joint venture partner Agnico Eagle Mines Limited (TSX, NYSE: AEM) (“Agnico Eagle”). Ownership in the project is 55% Agnico Eagle and 45% Barsele. Phase-2 drilling commenced with one drill on April 29th . A second drill was placed in operation on June 7 th, with a third drill commissioned on August 29th. Recently, drilling has been carried out on Titan geophysics targets adjacent to and northeast of the Avan Zone, and along the principal trend of gold mineralization within the Avan and Central zones. Drilling has also been carried out on the Kohobben VMS target, with results pending. As well, a BOT (base of till) drill was commissioned during the month of August, to test for gold mineralization indicators along a corridor adjacent to and southwest of the entire Skiråsen-Central-Avan mineralized corridor. As of August 29th , diamond drilling in 2016 totals 13,522 metres. A cumulative total of 21,907 metres has been drilled since the beginning of the joint venture in October, 2015. | |
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