For thousands of other reports visit RSC's Mineral Intellingence Map
Bravada Gold Corp.
Summary
| Project: | Baxter | |
|---|---|---|
| Deposit: | Baxter | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 10/23/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-10-2017: Bravada Gold Corp. announces an Exploration/Drilling Update report for its Baxter deposit at the Baxter project. Drilling results incl. 9.14m @ 1.38g/t Au from 198.6m. Vancouver, British Columbia--(Newsfile Corp. - October 23, 2017) - Bravada | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Joseph Anthony Kizis, Jr (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - October 23, 2017) - Bravada Gold Corporation (TSXV: BVA) (OTCQB: BGAVF) (the "Company" or "Bravada") plans to issue up to 5,000,000 units ("Units") in a non-brokered private placement at a price of $0.10 per Unit to raise $500,000. Each Unit will consist of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.15 per share. The Company has received notice that the Optionee of the Baxter property has elected to discontinue its option to acquire an interest in the property, resulting in Bravada retaining 100% ownership. The Optionee drilled 13 reverse-circulation (R.C.) holes for 2,448 meters during the Summer of 2017. The holes were drilled in five separate areas of the property. Seven of the 2017 holes intersected anomalous gold (+0.1g/t), with significant intercepts of +0.3g/t at the Sinter target and in a new, previously undrilled area. Hole BAX17-02 intersected several zones of anomalous gold and was the only hole drilled at the Sinter target. A zone of shallow, oxide gold mineralization was discovered at Sinter during 2016 drilling, which included a 6.1m intercept that averages 2.199 grams gold per ton (g/t gold) beginning at 32m depth within a thicker interval of 32.0m averaging 0.880g/t gold in hole BAX16-13 (for details, see news releases NR-07-16 and NR-12-16). Other holes in the target area intersected gold mineralization at approximately the same horizon. | |
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