Brigadier Gold

Overview

Brigadier Gold Limited (TSXV:BRG) is an exploration and development company targeting high grade gold and silver assets in Mexico. The company’s flagship 3,954-hectare Picachos gold project is located in Sinaloa State, Mexico and is proximal to bonanza-grade silver and gold discoveries to the north and south. It is situated above one of the largest high-amplitude contiguous anomalies for gold and base metals in the area. The property is accessible from Mazatlan via a state highway and includes dirt roads into the property.

In June 2020 Brigadier Gold announced it had optioned 100 percent of the Picachos gold-silver property from Minera Camargo. A total of US$4.2 million was raised to fund drilling, exploration and corporate expenses. The property overlaps two regional-scale precious metals vein systems and one large copper porphyry prospect, with historical production originating from the veins found on the property. Under the terms of the acquisition agreement, Brigadier Gold must provide staged considerations to Minera Camargo over a five year period, including cash payments totaling US$275,000, 4,000,000 common shares and exploration expenditures of US$3.85 million.

Picachos is home to the historic San Agustin and La Gloria mines, which have each seen historical exploration. Assays from test work at San Agustin averaged 15.8 g/t gold and 63 g/t gold across a width of 2.5 meters, revealing veins that are open at depth. Rock samples taken at the La Gloria mine returned 21.1 g/t gold and 6.0 g/t gold across 0.8 meters. Moving forward, Brigadier Gold intends to continue to develop the Picachos property, working towards a 43-101 compliant resource estimate.

Brigadier Gold’s Company Highlights

• Led by an accomplished management team with decades of experience in natural resource and capital markets development
• Picachos gold project is situated above one of the largest high-amplitude contiguous anomalies for gold and base metals in the western Sierra Madre
• Assays from the San Agustin mine at Picachos averaged 15.8 g/t gold and 63 g/t gold across a width of 2.5 meters
• Picachos hosts approximately 160 known historic underground mines, workings and prospects on gold-rich veins
• Picachos has never been systematically explored or drill tested with diamond drilling.
• Sinaloa State is home to a number of high-grade gold and silver exploration projects, including those owned by Prime Mining, Vizsla and GR Silver