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Barkerville Gold announces new drilling results

Mining News - Published on Thu, 25 Apr 2019

Image Source: CNW Group
Barkerville Gold Mines Ltd announced the new drilling results from its ongoing Barkerville Mountain exploration program at the Company's flagship Cariboo Gold Project in central British Columbia. In January 2019, the Company initiated diamond drilling with four diamond drill rigs on Barkerville Mountain. The ongoing 25,000-meter Phase 1 exploratory drill program is successfully identifying new mineralized vein corridors analogous to the vein corridors on Cow and Island Mountains. The apparent strike length for this new system on Barkerville Mountain is 1.5 kilometers, outlined from the Company's detailed lithological and structural mapping programs conducted over the last two years.

Significant gold values are present in all 14 of the initial holes. These drill results demonstrate that the mineralized sandstone horizon which hosts the Mosquito, Shaft, Valley and Cow Resources on Cow and Island Mountains, extends vein corridor style mineralization an additional 2.5 kilometers to the south east and is still open. It also should be noted that this zone is located 500 meters from existing underground mine infrastructure at the permitted Bonanza Ledge mine.

Select Drilling Highlights:
• BM-19-003: 7.88 g/t Au over 2.00 meters including 25.5 g/t Au over 0.60 meters
• BM-19-003:102.0 g/t Au over 0.50 meters
• BM-19-004: 5.71 g/t Au over 2.60 meters including 22.8 g/t Au over 0.60 meters
• BM-19-005:19.30 g/t Au over 6.30 meters including 69.40 g/t Au over 0.50 meter
• BM-19-009: 9.86 g/t Au over 2.45 meters including 21.9 g/t Au over 1.0 meter
• BM-19-011: 54.6 g/t Au over 0.5 meters
• BM-19-013:12.23 g/t Au over 2.80 meters including 33.60 g/t Au over 0.50 meter
• BM-19-013: 40.10 g/t Au over 0.80 meter

True widths are estimated to be 50 to 75% of reported core length intervals. Intervals not recovered by drilling were assigned zero grade. Top cuts have not been applied to high grade assays.

Source :

Posted By : Sanju Moirangthem on Thu, 25 Apr 2019
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