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    gold-investing

    Barkerville Gold Mines Intersects 12.30 g/t AU over 7.5 Meters at Island Mountain

    Jocelyn Aspa
    Mar. 21, 2017 08:22AM PST
    Precious Metals Investing

    Barkerville Gold Mines (TSXV:BGM) has announced additional results from its ongoing 13,000 meter Phase II Island Mountain exploration drilling program on its flagship Cariboo Gold Project. As quoted in the press release: he Company is currently exploring and delineating Island Mountain with seven drill rigs and has now relocated an eighth rig to the Valley …

    Barkerville Gold Mines (TSXV:BGM) has announced additional results from its ongoing 13,000 meter Phase II Island Mountain exploration drilling program on its flagship Cariboo Gold Project.
    As quoted in the press release:

    he Company is currently exploring and delineating Island Mountain with seven drill rigs and has now relocated an eighth rig to the Valley Zone which occurs between Cow and Island Mountains.  Detailed drilling results, a drill hole location plan map, vertical and long section are presented at the end of this release.
    Drilling Highlights:

    • IM-17-036: 16.96 g/t Au over 5.15 metres
    • IM-17-037: 6.26 g/t Au over 16.20 metres
    • IM-17-038: 12.30 g/t Au over 7.50 metres
    • IM-17-040: 5.20 g/t Au over 19.90 metres
    • IM-17-041: 5.60 g/t Au over 8.95 metres

    Note: Core lengths are reported as true widths cannot be accurately determined from the information available.

    Mosquito Creek Zone
    A thick corridor of auriferous veining has been intersected by drillhole IM-17-040 averaging 5.20 g/t Au over 19.90 metres located 100 metres northwest of the former Mosquito Creek Mine. This intersection occurs 20 metres directly up dip of previously reported drillhole IM-17-032 which intersected 12.19 g/t Au over 3.60 metres at a vertical depth of 50 metres below surface. This new mineralization remains open for expansion and drilling is presently testing the lateral and depth extensions of this newly discovered vein system.

    Click here to read the full press release.

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