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Battle Mountain Gold Inc.
Summary
| Project: | Lewis | |
|---|---|---|
| Deposit: | Virgin, Buena Vista Meagher | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 2/21/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-2-2017: Battle Mountain Gold Inc. announces an Exploration/Drilling Update report for its Virgin, Buena Vista Meagher deposit at the Lewis project. Drilling results incl. 37.8m @ 0.25g/t Au, 6.2g/t Ag from 6.1m. Battle Mountain Gold Inc. (the “Company” | |
| 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 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. Five easterly-inclined core drill holes completed to date in the Virgin and Buena Vista – Meagher areas for a total of 2047 m with final assay results received for the entirety of the program. Final assay results, including several high-grade gold intervals, from the program’s first two drill holes were released on 10th of November, 2016. An additional 601 m of core drilling has been completed since this news release. “The recent drilling has improved our understanding of the geometry of high-grade Au-Ag targets in the areas adjacent to Newmont’s Phoenix mine in the southwestern part of our extensive Battle Mountain Trend property holdings. Importantly, these targets have never been tested by previous explorers. The anomalous drill results to date place the Company in a strong position to make a discovery after drilling resumes in the spring.”, stated Chet Idziszek, President of the Company. In 2017, the Company’s plans include the trenching and drilling of the northeasterly extension of the near-surface Virgin zone (Figures 1 and 3; refer to Company’s news release of 10th November, 2016). A six-hole 3600 m drill program will focus on determining the gold-bearing fault geometry and testing the intersections of the major westdipping, mineralized faults with Antler Sequence rocks. | |
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