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Broadway Gold Mining Ltd.
Summary
| Project: | Madison | |
|---|---|---|
| Deposit: | Madison | |
| Location: | United States | |
| Commodities: | Copper-Gold | |
| Date: | 5/10/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-5-2017: Broadway Gold Mining Ltd. announces an Exploration/Drilling Update report for its Madison deposit at the Madison project. Drilling results incl. 11m @ 0.384% Cu, 41.65g/t Au from 8.2m. Vancouver, BC – May 10, 2017 – Broadway Gold Mining Ltd. (T | |
| Resources: | x | |
| CP/QP: | [Overall Report]: R. Tim Henneberry (Internal) | |
| ABSTRACT: | Vancouver, BC – May 10, 2017 – Broadway Gold Mining Ltd. (TSX-V: BRD) (OTCQB: BDWYF) (Frankfurt: BGH.F) (“Broadway” or the “Company”) is pleased to announce additional high-grade gold results and provide a geophysics and drilling update from underground exploration at its 100%- owned Madison copper-gold project in the historic Butte-Anaconda mining region of Montana. Further to our May 3, 2017 press release in which the Company announced over 30 meters of 24.5 grams per tonne gold (g/t Au) in UG17-05, we are pleased to report assay highlights from the second hole, U17-06 of 41.6 g/t Au over 11 meters. “Drilling continues to return excellent results, and we are seeing consistency of grades across our target zones at Madison. The strong correlation between assay results and geophysics is also extremely encouraging,” said Duane Parnham, President and CEO for Broadway Mining. “Mineralization remains open at depth, and we look forward to reporting additional results from underground and surface drilling.” Geophysical contractor Peter E. Walcott & Associates recently completed a Mise ala Masse electrical geophysical survey to trace the location, shape and extent of the massive sulphide zone intersected in the underground drilling, utilizing access through hole UG17-06. The survey confirmed the ovoid cylindrical shaped of the sulphide body and its western plunge to depth. Additional Mise ala Masse surveying is planned as additional holes are drilled into the massive sulphide. | |
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