For thousands of other reports visit RSC's Mineral Intellingence Map

Barsele Minerals Corp.

opaxe

Summary

Project:

Barsele

Deposit:Barsele
Location:Sweden
Commodities:Gold
Date:2/9/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:9-2-2017: Barsele Minerals Corp. announces an Exploration/Drilling Update report for its Barsele deposit at the Barsele project. JV - drilling results incl. 2.0m @ 2.87g/t Au, 286g/t Ag, 2.67% Pb, 0.62% Zn from 91.50m. Vancouver, BC – Barsele Minerals Cor
Resources:(Resource): 14.1Mt @ 1.21g/t Au (Ind.) and 20.2Mt @ 0.97g/t Au (Inf.) at Barsele
CP/QP:[Overall Report]: Art Freeze (Not stated)
ABSTRACT:Vancouver, BC – Barsele Minerals Corp. – (TSX-V: BME) (“Barsele”) is pleased to report a ninth 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. During the month of December, four machines continued diamond drilling until the Christmas break, with two validation and four conversion holes completed within and along the trend of the Avan, Central and Skiråsen zones. Highlight conversion hole SKI16013 yielded 26.00 meters core length (estimated 19.50 meters true thickness) grading 4.00 g/t gold uncut (1.65 g/t gold cut) at a midpoint depth of 120 meters below surface, plus 46.00 meters core length (estimated 35.00 meters true thickness) grading 1.96 g/t gold at a midpoint depth of 205 meters below surface. In addition, validation hole AVA16022 cut 2.50 meters core length (estimated 2.00 meters true thickness) containing polymetallic quartz veins grading 2.87 g/t gold, 286.00 g/t silver, 2.67% lead, 0.62% zinc. During December, 3,045 meters were drilled, for a cumulative total of 39,111 meters in 85 holes, since October 2015. That month, there were 2,462 core samples sent for analysis, with 3,823 core assay results received.

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