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    gold investing

    BGM Intersects 31.22 g/t Au Over 7.50 Metres at Shaft Zone

    Written by Priscila Barrera
    |
    Apr. 05, 2017 08:24AM PST

    Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company” or “Barkerville”) is pleased to announce additional results from the ongoing 130,000 metre Phase II Island Mountain exploration drilling program at the Company’s flagship Cariboo Gold Project.  The Company is currently exploring and delineating Island Mountain with seven drill rigs and has now relocated an eighth rig …

    Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company” or “Barkerville”) is pleased to announce additional results from the ongoing 130,000 metre Phase II Island Mountain exploration drilling program at the Company’s flagship Cariboo Gold Project.  The 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, level plan and longitudinal section are presented at the end of this release.
    As quoted in the press release:

    31.22 g/t Au over 7.50 metres including 197.00 g/t Au over 1.10 metres was intersected by drillhole IM-17-058 in the southeastern portion of the Shaft Zone at a shallow depth of 80 metres below surface. This veining intersection correlates very well with previously reported veining defined by drillholes IM-17-046 which intersected 15.76 g/t Au over 4.00 metres 50 metres along vein strike and IM-17-033 which intersected 7.84 g/t Au over 3.80 metres, 150 metres along vein strike to the northeast. This newly defined high grade intersection is untested along strike to the southwest and is open for expansion at depth.

    Click here for the full text release

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