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Batero Gold Corp.
Summary
| Project: | Batero-Quinchia | |
|---|---|---|
| Deposit: | Batero-Quinchia | |
| Location: | Colombia | |
| Commodities: | Gold-Silver | |
| Date: | 8/18/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-8-2017: Batero Gold Corp. announces an Exploration/Drilling Update report for its Batero-Quinchia deposit at the Batero-Quinchia project. Drilling results incl. 167m @ 1.01g/t Au from 3m. Vancouver, British Columbia – August 17, 2017 – Batero Gold Corp | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Roger Moss (Not stated) | |
| ABSTRACT: | Vancouver, British Columbia – August 17, 2017 – Batero Gold Corp. (“Batero,” the “Company”) (TSX- V:BAT) (Frankfurt:68B) (Pinksheets:BELDF) is pleased to report results from 51 holes drilled at the Company’s 100% owned Batero-Quinchia project (the “Project”), located in Risaralda, Colombia. These 51 holes represent the conclusion of the Company’s most recent infill drill program. The infill drilling program was designed to increase confidence in, and define the depth of, the oxide and transition zones of the Batero-Quinchia deposit and provide additional confidence in the La Cumbre, Mandeval and La Lengüita targets. Infill drill results, auger and channel sample results at the Project continue to provide gold grades in excess of 1.0 g/t gold at or near surface. The 2016/17 drill program consisted of 51 holes over 6,008 metres and 657 auger and channel samples (See Figure 1). The sampling program completed 657 surface samples which confirms gold mineralization in La Cumbre and Mandeval, and delineates the La Lengüita mineralization along the San Luis creek. “We are pleased the results from our recent drill program continue to outline grades of over 1.0 g/t gold near surface,” stated Gonzalo de Losada, Batero’s President and Chief Executive Officer. “These positive drill results improve the confidence in the Batero-Quinchia deposit and further delineate the near surface oxide zone.” Cross section N-585300 from La Cumbre (Figure 2) shows the depth of the near surface oxide and transition zone. | |
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