- Published: 18 January 2017
- Written by Editor
Operational Update for the Barsele Au-VMS Project
|
Highlight Results from the November 2016 Reporting Period |
|||||||
|
Hole |
Category |
From |
To |
Core |
True |
Au |
Top- |
|
AVA16012 |
Expansion |
202.00 |
213.00 |
11.00 |
8.30 |
2.80 |
2.62 |
|
AVA16013 |
Expansion |
174.00 |
186.00 |
12.00 |
9.00 |
2.38 |
|
|
AVA16014 |
Expansion |
604.00 |
612.00 |
8.00 |
5.00 |
2.03 |
|
|
AVA16015 |
Validation |
117.00 |
131.00 |
14.00 |
7.50 |
1.46 |
|
|
AVA16016 |
Validation |
18.00 |
30.00 |
12.00 |
7.00 |
1.46 |
|
|
AVA16017 |
Validation |
135.00 |
160.80 |
25.80 |
18.50 |
1.33 |
|
|
AVA16018 |
Validation |
200.00 |
207.00 |
7.00 |
5.00 |
1.63 |
|
|
CNT16014 |
Validation |
20.00 |
40.00 |
20.00 |
15.00 |
4.93 |
2.35 |
|
67.00 |
107.00 |
40.00 |
30.00 |
3.94 |
3.13 |
||
|
142.10 |
169.00 |
26.90 |
20.20 |
1.02 |
|||
|
217.00 |
240.00 |
23.00 |
17.30 |
1.15 |
|||
|
CNT16015 |
Validation |
29.00 |
47.00 |
18.00 |
12.00 |
1.70 |
|
|
58.00 |
67.00 |
9.00 |
6.00 |
2.13 |
|||
|
83.00 |
99.00 |
16.00 |
10.50 |
1.35 |
|||
|
124.00 |
148.00 |
24.00 |
21.00 |
1.32 |
|||
|
169.00 |
174.00 |
5.00 |
3.80 |
2.94 |
|||
|
191.00 |
238.00 |
47.00 |
31.00 |
1.55 |
|||
|
257.00 |
291.00 |
34.00 |
21.00 |
2.76 |
|||
|
CNT16017 |
Expansion |
61.70 |
71.00 |
9.30 |
7.00 |
0.95 |
|
|
388.00 |
395.70 |
7.70 |
5.80 |
1.92 |
|||
|
432.00 |
463.00 |
31.00 |
23.30 |
2.65 |
2.60 |
||
|
483.00 |
492.00 |
9.00 |
6.80 |
0.90 |
|||
|
CNT16019 |
Validation |
10.00 |
21.00 |
11.00 |
8.30 |
4.26 |
|
|
65.00 |
77.00 |
12.00 |
9.00 |
1.48 |
|||
|
88.00 |
100.00 |
12.00 |
9.00 |
1.27 |
|||
|
113.00 |
144.00 |
31.00 |
23.30 |
1.75 |
|||
|
154.00 |
158.00 |
4.00 |
3.00 |
3.22 |
|||
|
CNT16020 |
Validation |
11.00 |
29.00 |
18.00 |
13.50 |
1.83 |
|
|
98.00 |
107.00 |
9.00 |
6.80 |
1.11 |
|||
|
CNT16021 |
Validation |
3.50 |
16.00 |
12.50 |
9.40 |
0.56 |
|
|
73.00 |
83.00 |
10.00 |
7.50 |
0.89 |
|||
|
CNT16022 |
Validation |
21.00 |
76.00 |
55.00 |
43.00 |
1.22 |
|
|
95.00 |
102.00 |
7.00 |
5.50 |
1.97 |
|||
|
CNT16024 |
Expansion |
495.00 |
508.00 |
13.00 |
6.50 |
1.75 |
|
|
526.00 |
541.00 |
15.00 |
7.50 |
1.10 |
|||
|
CNT16025 |
Expansion |
375.00 |
390.00 |
15.00 |
5.00 |
1.41 |
|
|
493.00 |
517.00 |
24.00 |
8.50 |
3.61 |
1.65 |
||
|
543.00 |
578.00 |
35.00 |
16.00 |
0.94 |
|||
|
CNT16026 |
Conversion |
394.00 |
434.00 |
40.00 |
22.00 |
1.41 |
|
|
480.00 |
504.00 |
24.00 |
13.00 |
0.89 |
|||
|
631.00 |
639.00 |
8.00 |
4.50 |
2.41 |
|||
|
SKI16008 |
Conversion |
361.00 |
471.00 |
110.00 |
69.00 |
1.82 |
1.66 |
|
Incl. |
361.00 |
403.00 |
42.00 |
26.00 |
2.32 |
1.89 |
|
|
Incl. |
415.00 |
458.00 |
43.00 |
27.00 |
2.16 |
||
|
SKI16009 |
Conversion |
303.00 |
317.00 |
14.00 |
8.50 |
0.94 |
|
|
419.00 |
436.00 |
17.00 |
10.50 |
1.22 |
|||
|
SKI16010 |
Conversion |
243.00 |
249.00 |
6.00 |
4.00 |
33.46 |
6.33 |
|
285.00 |
290.00 |
5.00 |
3.50 |
13.29 |
6.05 |
||
|
350.00 |
528.00 |
178.00 |
125.00 |
1.68 |
1.51 |
||
|
Incl. |
420.00 |
428.00 |
8.00 |
5.50 |
9.55 |
5.65 |
|
|
Incl. |
513.00 |
528.00 |
15.0 |
11.00 |
4.80 |
||
|
625.00 |
627.00 |
2.00 |
1.50 |
8.00 |
|||
|
SKI16011 |
Conversion |
59.00 |
66.00 |
7.00 |
5.00 |
1.76 |
|
|
109.00 |
119.00 |
10.00 |
7.50 |
3.68 |
2.99 |
||
|
192.00 |
211.00 |
19.00 |
14.30 |
6.42 |
1.34 |
||
|
347.00 |
352.00 |
5.00 |
3.80 |
3.04 |
|||
|
423.00 |
425.00 |
2.00 |
1.50 |
8.58 |
|||
|
SKI16012 |
Conversion |
248.00 |
263.00 |
15.00 |
7.50 |
2.69 |
|
|
386.00 |
413.00 |
27.00 |
14.00 |
3.11 |
3.01 |
||
|
494.00 |
525.00 |
31.00 |
16.00 |
0.99 |
|||
|
534.00 |
560.00 |
26.00 |
14.00 |
5.01 |
2.49 |
||
|
652.00 |
659.00 |
7.00 |
3.80 |
3.56 |
|||
Drilling continued until December 21, 2016, at which time there was a break until planned resumption in the new year.
As project operator, Agnico Eagle has developed a community relations program to engage the various stakeholders in the project area. Basic environmental assessment and surface water characterization, species studies and hydrogeology studies are ongoing. Barsele expects that Agnico Eagle will release a new mineral resource estimate for the Avan, Central, Skiråsen and Norra deposits in mid-February 2017.
About the Barsele Gold Project
The Barsele Project is located on the western end of the Proterozoic "Skellefte Trend", a prolific volcanogenic massive sulphide deposits belt, where it intersects with the "Gold Line" in Northern Sweden. Both polymetallic deposits and intrusive hosted orogenic gold deposits are present in this region and on the property. Current and past producers in the region include Boliden, Kristineberg, Bjorkdal, Svartliden and Storliden.
On September 25, 2015, mineral resource estimates by Barsele were released for the Barsele Project in four zones, the Central, Avan and Skiråsen Gold Zones and the Norra VMS Zone. The resource estimate for the Central-Avan-Skiråsen Zones states an Indicated Resource of 14.1 million tonnes grading 1.21 g/t gold for 547,000 contained ounces, plus an Inferred Resource of 20.2 million tonnes grading 0.97 g/t gold for 627,000 contained ounces. The polymetallic Norra Zone contains an Indicated Resource of 110,000 tonnes grading 3.13 g/t gold, 30.3 g/t silver, 0.53 % copper and 0.72 % zinc, plus an Inferred Resource of 310,000 tonnes grading 1.62 g/t gold, 12.7 g/t silver, 0.26 % copper and 0.42 % zinc. All zones were estimated at a gold cut-off grade of 0.6 g/t.
Art Freeze, P.Geo. is the Qualified Person as defined in NI 43-101 and takes responsibility for the technical disclosure contained within this news release.
About Barsele Minerals Corp.
Barsele is a Canadian-based junior exploration company comprised of highly qualified mining professionals. Barsele's main property is the Barsele Gold Project in Västerbottens Län, Sweden, a joint venture with Agnico Eagle Mines Limited.
ON BEHALF OF THE BOARD OF DIRECTORS
Gary Cope
President
This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements and Barsele undertakes no obligation to update such statements, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
SOURCE Barsele Minerals Corp.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/January2017/16/c3514.html
Contact:
Please contact Barsele Minerals Corp. at (604) 687-8566 x227, email This email address is being protected from spambots. You need JavaScript enabled to view it. or visit our website at www.barseleminerals.com
