For thousands of other reports visit RSC's Mineral Intellingence Map
Barsele Minerals Corp.
Summary
| Project: | Barsele | |
|---|---|---|
| Deposit: | Skirasen, Avan | |
| Location: | Sweden | |
| Commodities: | Gold | |
| Date: | 8/13/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-8-2018: Barsele Minerals Corp. announces an Exploration/Drilling Update report for its Skirasen, Avan deposit at the Barsele project. Drilling results incl. 27m @ 4.12g/t Au from 663.0m. Vancouver, BC – Barsele Minerals Corp. – (TSX-V: BME) (“Barsele”) | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Art Freeze (Not stated) | |
| ABSTRACT: | Vancouver, BC – Barsele Minerals Corp. – (TSX-V: BME) (“Barsele”) is pleased to report an operational update for the ongoing exploration program within the Barsele Gold-VMS Project area in Västerbottens Län, northern Sweden (the “Barsele Project”). The exploration program is being operated by joint venture partner Agnico Eagle Mines Limited – (TSX, NYSE: AEM) (“Agnico Eagle”). Ownership in the Barsele Project is 55% Agnico Eagle and 45% Barsele. Agnico Eagle can earn an additional 15% in the Barsele Project through the completion of a pre-feasibility study. There is no cash outlay requirement by Barsele until pre-feasibility is completed. Four drills were operational during the month of June. As of the end of June, 21,717 metres of core has been collected from 50 completed holes, since drilling was re-started in early January, 2018. Eleven drill holes are listed in this news release, with results pending for three of those holes. At Avan, four expansion holes are presented, with assays pending for two of those holes. At Central, four expansion holes are listed, with assays pending for one of those holes. At Skiråsen, three holes are presented, with one of those holes abandoned and re-drilled. Base of till drill testing is ongoing, along with regional surface till sampling. At the Avan Zone, highlight results include AVA18004 which intersected five zones of gold mineralization with a highlight hit that averaged 2.17 g/t gold along a core length of 14.0 metres (estimated 8.2 metres true thickness) at a midpoint depth of 215 metres below surface. AVA18006 cut 24.0 metres core length (estimated 14.4 metrestrue thickness) grading 3.76 g/t gold at a midpoint depth of 200 metres below surface | |
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