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Broadway Gold Mining Ltd.
Summary
| Project: | Madison | |
|---|---|---|
| Deposit: | Madison | |
| Location: | United States | |
| Commodities: | Copper-Gold | |
| Date: | 5/3/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-5-2017: Broadway Gold Mining Ltd. announces an Exploration/Drilling Update report for its Madison deposit at the Madison project. Drilling results incl. 30.2m @ 0.391% Cu, 24.5g/t Au from 8.2m. 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”) is pleased to report high-grade results from underground drilling at its 100%-owned Madison copper-gold project in the historic Butte-Anaconda mining region of Montana, USA. “The Madison Project continues to exceed our expectations and these are some of the highest intercepts returned to date. After a series of excellent copper intersections released so far this year, we have now hit a new, high-grade auriferous massive sulphide zone that is open and widening at depths below previously explored areas,” said Duane Parnham, President and CEO of Broadway. “This high-grade zone is easily accessible from the 600-level underground workings, with open access via a freshly rehabilitated ramp. We look forward to receiving and reporting on the remaining underground drill holes as assays results are received and tabulated.” To date, the underground program comprises seven holes drilled in a fan formation. Holes UG17-01 to UG17-06 were drilled at -23 to -27 degree dips and azimuths from 234 to 315 degrees. UG17-07 was drilled at a -45 degree dip and 248 degree azimuth from the 600 level. Hole lengths varied from 54 to 222 feet. Five of the seven holes intersected visible massive sulphide mineralization. Broadway cautions investors that results for the other four underground holes intersecting the massive sulfide horizon have not yet been received. | |
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