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Broadway Gold Mining Ltd.
Summary
| Project: | Madison | |
|---|---|---|
| Deposit: | Madison | |
| Location: | United States | |
| Commodities: | Copper-Gold | |
| Date: | 6/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-6-2017: Broadway Gold Mining Ltd. announces an Exploration/Drilling Update report for its Madison deposit at the Madison project. Drilling results incl. 9.1m @ 3.122% Cu, 4.288g/t Au from 137.8m. Vancouver, BC – June 28, 2017 – Broadway Gold Mining Ltd | |
| Resources: | x | |
| CP/QP: | [Overall Report]: R. Tim Henneberry (Internal) | |
| ABSTRACT: | Vancouver, BC – June 28, 2017 – Broadway Gold Mining Ltd. (TSX-V: BRD) (OTCQB: BDWYF) (Frankfurt: BGH.F) (“Broadway” or the “Company”) is pleased to report additional assay results from the Phase II surface drilling campaign at its 100%-owned Madison copper-gold project in the historic Butte-Anaconda mining region of Montana, USA. “Surface drilling continues to expand the areas of significant mineralization on the Madison property. Results to date demonstrate that high-grade sulfide mineralization exists in the area adjacent to our underground infrastructure, and we now see indications of a potential second nearby massive sulfide zone in drill hole C17-10,” said Duane Parnham, President and CEO of Broadway Gold Mining. “It is also encouraging to see assaying increasing the strike length of the mineralized jasperoid to the northwest. Assay results also provide us with enticing drill targets for the resumption of drilling. We look forward to releasing additional geological data and interpretations in support of a comprehensive proposed geological model for the Madison property.” Surface hole C17-10 encountered a 9.1-meter section of massive to semi-massive sulfide 50 meters to the southwest of the 600-level massive sulfide zone, suggesting the presence of additional massive sulfide zones in the vicinity of the Madison workings. Drilling also confirms the continuation of the jasperoid horizon in the skarn to the northwest. The skarn appears to be highly zoned, with both goldrich and copper-rich areas. Assays results remain outstanding for four surface holes from the Phase I 2017 surface program. | |
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