For thousands of other reports visit RSC's Mineral Intellingence Map
Bravada Gold Corp.
Summary
| Project: | Quito | |
|---|---|---|
| Deposit: | Ross | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 11/23/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-11-2016: Bravada Gold Corp. announces an Exploration/Drilling Update report for its Ross deposit at the Quito project. JV with Coeur Explorations Inc.- Drilling results incl. 40m @ 0.35g/t Au from 158m. Bravada Gold Corporation (“Bravada” or the “Compa | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Joseph A. Kizis, Jr. (Internal) | |
| ABSTRACT: | Bravada Gold Corporation (“Bravada” or the “Company”) and Coeur Explorations, Inc. (“Coeur”), a whollyowned subsidiary of Coeur Mining, Inc. (NYSE:CDE), received assays for a two-hole, 624m core-drilling program at the Russ area on the Quito Property (“Quito” or the “Property”). Russ is one of several drill-target areas developed at Quito and is the only one that was permitted for Phase 1 drilling this year. Drilling identified thick zones of anomalous gold and pathfinder elements and provided important data on stratigraphy and structure that will help guide future drilling. Targeting continues on three other target areas, Deep Quito, Aspen, and Q-4, which are being permitted for a Phase 2 reverse-circulation drilling program during the summer of 2017. President Joe Kizis will present a technical talk describing geology and exploration targets at Quito on December 9th at the American Exploration and Mining Association conference in Reno. The slides from that talk will be posted on the Company’s website soon after the presentation. Hole Q16-01 intersected a thick zone of gold mineralization, 40 meters (approximately true thickness) from 158m to 198m averaging 0.350 grams Au per ton, although poor core recovery only averaged 60% in this interval. The hole was successful in extending the historic Russ mineralization approximately 100m down dip, with mineralization remaining open below and along strike of the intercept in Q16-01. Hole Q16-02 tested a mineralized fault where it was projected into Lower Plate carbonates in an undrilled area that is located 500m southwest of the Russ mineralization. The hole intersected anomalous concentrations of gold and pathfinder elements in both Upper Plate and Lower Plate rocks, with narrow gold intercepts in the range of 100 to 500ppb Au. | |
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