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Transaction Announcement Reports
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Project: | Madison | |
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Deposit: | Madison | |
Location: | United States | |
Commodities: | Copper-Gold | |
Date: | 4/18/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 18-4-2017: Broadway Gold Mining Ltd. announces an Exploration/Drilling Update report for its Madison deposit at the Madison project. Drilling results incl. 39.3m @ 1.475 Cu, 0.42g/t Au from 146m. Broadway Gold Mining Ltd. (TSX-V: BRD) (OTCQB: BDWYF) (Fran | |
Resources: | x | |
CP/QP: | [Overall Report]: R. Tim Henneberry (Internal) | |
ABSTRACT: | Broadway Gold Mining Ltd. (TSX-V: BRD) (OTCQB: BDWYF) (Frankfurt: BGH.F) (“Broadway” or the “Company”) announces assay results from drill holes C17-04, C17-05 and C17-06 of its 2017 surface drilling campaign at its 100%-owned Madison copper-gold project in the historic Butte-Anaconda mining region of Montana, USA. The complete assay results for the intervals can be found on the current exploration page. The surface drilling results delivered from six holes to date continue to confirm the presence of native and oxide copper mineralization including some chalcocite copper minerals over significant widths in areas west of the main underground workings. Management is pleased with this relatively new information collected as the previous operators did not sample and assay these skarn zones and sections for copper and gold. Rather, they focused more on high-grade gold mining extraction from the underground 600-foot level. The next three surface holes of 12 drill holes remaining have been logged, sampled and shipped to ALS Minerals Laboratory in North Vancouver, British Columbia for analysis. Broadway has also completed drilling of six underground holes. Assay results will be released once received and reviewed, with two of the holes already at the lab. The drill is currently idle at C17-19 waiting on the completion of a down-the-hole geophysical survey due to the presence of semi and massive sulphides visually identified in a number of underground and surface drill holes. The survey known as Mise ala Masse will assist management in tracing the sulphide zone(s) for targeting future drilling. The survey will also assist with the interpretation of the deep IP survey completed late last year. Results of the Mise ala Masse survey will be released once completed. | |
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