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    gold investing

    BGM intersects 29.26 g/t Au over 4.45 metres at Shaft Zone

    Priscila Barrera
    Nov. 08, 2017 08:45AM PST
    Precious Metals

    Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company” or “Barkerville”) is pleased to announce additional drilling results from the ongoing 160,000 metre Phase II Island Mountain exploration and infill drilling program at the Company’s flagship Cariboo Gold Project. The Company is currently exploring and delineating the Valley and Shaft Zones with nine drill rigs, while a tenth …

    Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company” or “Barkerville”) is pleased to announce additional drilling results from the ongoing 160,000 metre Phase II Island Mountain exploration and infill drilling program at the Company’s flagship Cariboo Gold Project. The Company is currently exploring and delineating the Valley and Shaft Zones with nine drill rigs, while a tenth drill is expanding the known mineralization on the BC Vein. Detailed drilling results, a drill hole location plan map and vertical sections are presented at the end of this release. The exact geometry and hence true width of the mineralized zones cannot be assuredly concluded at this time therefore core lengths are reported.
    As quoted in the press release:

    The Company is pleased to announce that the ongoing infill drilling on the Beta Corridor continues to demonstrate grade and geological continuity. Phase II drillhole IM-17-180 predictably intersected veining in the Beta Corridor averaging 29.26 g/t Au over 4.45 metres at a vertical depth of 410 metres below surface and is situated 20 metres southwest along corridor strike from previously disclosed drillhole IM-17-044 which intersected 24.70 g/t Au over 6.60 metres. New mineralization at depth was also demonstrated by IM-17-180 having pierced veining grading 17.91 g/t Au over 2.85 metres at a depth of 510 metres below surface. The Beta Corridor remains open for expansion to depth.

    Click here for the full text release

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