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gold investing

BGM Intersects 39.05 g/t Au over 8.25 metres at Shaft Zone

Priscila Barrera
May. 18, 2017 08:37AM PST
Precious Metals Investing

Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company” or “Barkerville”) is pleased to announce additional drilling 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 the Valley Zone with four drill rigs.  Detailed drilling results, a drill …

Barkerville Gold Mines Ltd. (TSXV: BGM) (the “Company” or “Barkerville”) is pleased to announce additional drilling 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 the Valley Zone with four drill rigs.  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:

Drilling Expands Shaft Zone Mineralization to New Depth
The deepest intersection to date in the Shaft Zone, drillhole IM-17-097 intersected a 60 metre wide (core length), interval of sandstone hosted veining with subintervals grading 40.19 g/t Au over 3.10 metres, 39.05 g/t Au over 8.25 metres and 10.34 g/t Au over 4.50 metres at an average vertical depth of 480 metres below surface. No other drilling pierce points occur at this vertical level and as such this new corridor is open for expansion in all directions.

Click here for the full text release

barkerville gold mines tsxv:bgm pierce points gold investing
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