Brigadier Gold Limited Commences Diamond Drilling Program At Gold Silver Picachos Property, with First Phase Focusing on Past Producing San Agustin High Grade Mine
September 28, 2020 at 02:57 pm
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Brigadier Gold Limited announced the first ever diamond drill program is underway at the Company's recently acquired 3,954 hectare Picachos Gold-Silver Property ("Picachos"), centered over the historic "Viva Zapata" National Mineral Reserve, Sinaloa, Mexico. The drill program is planned for a minimum 5000 metres (m) in approximately 40 holes targeting four high-grade gold-silver veins. The Company's focus is proving the depth, strike length and continuity of the high-grade gold-silver veins and understanding the source of the vein hosted mineralization and its potential relationship to copper porphyry mineralization identified on the property. The center of the 2020 exploration campaign will be the past-producing San Agustin Mine which has exploited one of the ore chutes of the major east-northeasterly trending Cocolmeca Vein System (introduced in Company press-release dated 6 July 2020). In detail, the Cocolmeca Vein system is comprised of several sub-parallel veins over a 1.5 kilometre (km) wide zone marked in blue on the map, below. San Agustin is the best understood of these veins, mainly because it has been historically exposed underground by approximately 670 line-metres of tunnels, stopes and shafts. Geologically, it appears to be disrupted by the NW trending Genardo Fault. On the northeast side of the fault, the Tejones veins might correlate to San Agustin. Collectively, this first round of drilling is designed to test approximately 1 km of vein strike between the past-producing San Agustin Mine and the Tejones Prospects. Phase 1 is anticipated to total 5170 m of PQ/HQ diamond drilling in 41 drill holes as well as approximately 3 line-kilometres of trenching across several historic sample sites to systematically sample the anomalies
identified by the historic work and formalize the drill targets. Most holes are planned at San Agustin and Los Tejones, with a few at Mochomos and other prospects. The drill holes will range from 90 m to 300 m in length. Picachos is comprised of four mining concessions covering an area of 3,954 hectares and is situated in the municipality of El Rosario, in the southeastern region of Sinaloa state, Mexico. Geographically, Picachos overlaps part of the western foothills of the Sierra Madre Occidental (SMO). Picachos can be accessed from Mazatlan by state highway and paved road to the town of Cacalotan, and then by country road into the Property. Total driving distance is approximately 111 road-kilometres over a period of four hours. Mine workings are accessed by approximately 20 kms of roads internal to the Property.
Brigadier Gold Limited is a Canada-based exploration company. The Company is engaged in the acquisition, exploration, and development of mineral properties with a primary focus on exploration of the Nemaska2 Lithium property, Quebec and the Killala Lake diamond property, Ontario. The Nemaska2 Lithium Property consists of over 162 mining titles covering a total area of 8,300 hectares and is located in northern Quebec, approximately 160 kilometers (km) east of James Bay, near the community of Nemaska. It has an option agreement to acquire a 100% interest in the Killala Lake South diamond property, consisting of 46 cell claim units located in Killala Lake, Foxtrap Lake area townships, Thunder Bay mining district, Ontario. Its wholly owned subsidiary is 1000196193 Ontario Ltd.
Brigadier Gold Limited Commences Diamond Drilling Program At Gold Silver Picachos Property, with First Phase Focusing on Past Producing San Agustin High Grade Mine