Barkerville Gold Mines Reports New Gold Mineralized Zone on Cow Mountain

Gold Investing

Barkerville Gold Mines (TSXV:BGM) announced that a new gold mineralized zone was discovered by four diamond drill holes between June 20 and August 2014. The new zone, which is outside of the previously proposed open pit, with varying widths of 10 and 18.3 meters and varying grades between 1.401 and 3.459 g/t of gold.

Barkerville Gold Mines (TSXV:BGM) announced that a new gold mineralized zone was discovered by four diamond drill holes between June 20 and August 2014. The new zone, which is outside of the previously proposed open pit, has varying widths of 10 and 18.3 meters and varying grades between 1.401 and 3.459 g/t of gold.

According to the press release:

The new zone, which is outside of the previously proposed open pit and about 570 meters (1,875 feet) to the mine grid southeast from the center of the proposed open pit, runs 110 degrees to the local mine grid. The controlled length of the zone via four diamond drill holes on two set-ups is approximately 34.3 meters (112.5 feet). The intercepted width of the new zone varies between 10.0 and 18.3 meters and its grade varies between 1.401 and 3.459 g/T gold (Table 1).
The new zone which is located at the Rainbow 3, Rainbow 4 contact and close to the Rainbow, BC, Lowhee contact, is a combination of both the quartz-pyrite vein and replacement styles of mineralization.
The new zone confirms the existence of the Wells Trend, a soil geochemical anomaly found in 2000 after a large-scale soil sampling program in the area.

Click here to read the Barkerville Gold Mines (TSXV:BGM) press release

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