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Project: | Lewis | |
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Deposit: | Virgin, Buena Vista Meagher | |
Location: | United States | |
Commodities: | Gold-Silver | |
Date: | 11/10/2016 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 10-11-2016: Battle Mountain Gold Inc. announces an Exploration/Drilling Update report for its Virgin, Buena Vista Meagher deposit at the Lewis project. Drilling results incl. 2.0m @ 11.3g/t Au, 7.25g/t Ag from 116.1m. Battle Mountain Gold Inc. (the “Compa | |
Resources: | x | |
CP/QP: | [Overall Report]: Steve Garwin (Internal) | |
ABSTRACT: | Battle Mountain Gold Inc. (the “Company”) (TSX-V: BMG) is pleased to announce assay results from the first two core drill holes completed at the Lewis gold-silver property, which lies near the town of Battle Mountain in Nevada, and provide an update as to the exploration program. This news release provides an update as to exploration progress at the Lewis gold-silver project (Figure 1). The update includes assay results returned from the first two drill holes in the Virgin zone; a summary of the geometry of mineralized faults and prospective rock units intersected in two drill holes completed in the western Virgin and Buena Vista – Meagher areas; and the potential for a greater than 800 m extension of Virgin gold-silver mineralization to the north and northeast of the area drilled previously (Figures 2 and 3). Final gold and silver results have been received for the first two diamond drill-core holes completed in the Virgin zone (Figures 3 to 5). These holes include V16C-01, which is inclined an average of 54o towards N97o E and completed to a down-hole depth of 299.3 m (982 ft) and V16C-02, inclined 48o towards N74o E and drilled to 241.4 m (792 ft). The anomalous goldsilver results are summarized in Table 1 and stated in the highlights of this news-release. Those intervals that lie above down-hole depths of 130 m in V16C-01 and 137 m in V16C-02 are characterized by oxide minerals; those intervals that lie below these down-hole depths contain sulfide minerals. | |
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