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    gold investing

    Barkerville Gold Announces Drill Results from Island Mountain Exploration

    Nicole Rashotte
    May. 08, 2018 06:34AM PST
    Precious Metals

    Barkerville Gold Mines Ltd. announced additional drilling results from the 50,000-meter 2018 Island Mountain exploration and delineation program.

    Barkerville Gold Mines Ltd. (TSXV:BGM)  announced additional drilling results from the 50,000-meter 2018 Island Mountain exploration and delineation program at the company’s flagship Cariboo Gold project. The infill drilling results continue to demonstrate continuity and expansion of modelled vein corridors.

    Highlights are as follows:

    Drilling Highlights

    • IM-18-023: 42.20 g/t over 2.00 meters
    • IM-18-023: 54.51 g/t over 1.75 meters
    • IM-18-023: 73.8 g/t over 1.25 meters
    • IM-18-033: 16.96 g/t over 9.30 meters
    • IM-18-038: 12.54 g/t over 18.2 meters
    • IM-18-038: 17.91 g/t over 5.65 meters
    • IM-18-039: 22.87 g/t over 5.85 meters
    • IM-18-041: 36.41 g/t over 4.30 meters
    • IM-18-046: 27.41 g/t over 4.35 meters

    Vein Zone Continuity on Island Mountain

    The intervals noted above were intersected in holes designed to infill and expand known vein corridors on the property down to depths of 500 meters. The program consisted of 50,000 meters drilled in 162 holes, mainly in the shaft zone area. Mineralized quartz veins on the Cariboo Gold project are hosted within the sandstones and are an anastomosing network of high vein density with an overall sub-vertical dip and northeast strike. Recent modelling of the vein corridors Island Mountain proposes 101 mineralized vein corridors. These vein corridors have estimated horizontal width of 3 meters and a strike length of up to 300 meters. These corridors have been defined from surface to a vertical depth of 600 meters and remain open for expansion at depth and down plunge. Gold grades are intimately associated with vein-hosted pyrite as well as pyritic, intensely silicified wall rock haloes in close proximity to the veins.

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

    barkerville gold minesdrilling resultstsxv:bgmgold investing
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