Recent drilling has expanded the Risberget gold-potential zone from 250 meters to 1,300 meters.
- Drill results-related gap between Skiråsen and Risberget zones reduced to 2.4 km from 3.7 km.
- AVA17034 extends two lodes by 150 meters, with a highlight of 13.0 meters grading 2.44 g/t gold.
- CNT17030 cuts 6 mineralized zones, with a highlight hit of 12.0 meters grading 2.37 g/t gold.
- SKI17009 cuts 6 mineralized zones, with a highlight hit of 39.0 meters grading 2.02 g/t gold.
- SKI17011 cuts 7 mineralized zones, with a highlight hit of 49.0 meters grading 2.02 g/t gold.
- SKI17013 cuts 3 mineralized zones, with a highlight hit of 21.0 meters grading 2.73 g/t gold.
- RIS17009 cuts 3 mineralized zones with a highlight hit of 9.0 meters grading 1.69 g/t gold.
Vancouver, BC -- Barsele Minerals Corp. -- (TSX-V: BME) ("Barsele")is pleased to report an operational update for the ongoing exploration program within the Barsele Gold-VMS Project area in Västerbottens Län, northern Sweden (the "Barsele Project"). The exploration program is being operated by joint venture partner Agnico Eagle Mines Limited -- (TSX, NYSE: AEM) ("Agnico Eagle"). Ownership in the Barsele Project is 55% Agnico Eagle and 45% Barsele. Agnico Eagle can earn an additional 15% in the Barsele Project through the completion of a pre-feasibility study. There is no cash outlay by Barsele until pre-feasibility is completed.
During the month of November 2017, four diamond drilling machines were operational within the property. Three infill drill holes and ten regional exploration drill holes were completed during the month, with three drill holes ongoing at month's end. Base of till testing is ongoing.
Twelve holes are reported in this news release of which two are expansion and six are infill, and two are VMS related tests at Norra and two are regional tests at Risberget. As of November 30th, 97,029 meters of core has been collected from a total of 214 core holes, since the initiation of drilling in late 2015.
At the Avan Zone, hole AVA17034 cut three mineralized zones, with a highlight hit of 13.0 meters core length (estimated 7.0 meters true thickness) grading 2.44 g/t gold at a midpoint depth of 480 meters below surface. (Avan gold results where applicable are capped at 18 g/t).
At the Central Zone, hole CNT17030, cut six mineralized zones, with a highlight hit of 12.0 meters core length (estimated 6.5 meters true thickness) grading 2.37 g/t gold at a midpoint depth of 320 meters below surface. (Central gold results where applicable are capped at 40 g/t).
At the Skiråsen Zone, highlight results include hole SKI17009 which cut six mineralized zones with highlight hits of 39.0 meters core length (estimated 11.0 meters true thickness) grading 2.02 g/t gold at a midpoint depth of 370 meters below surface, plus 95.0 meters core length (estimated 33.0 meters true thickness) grading 1.63 g/t gold at a midpoint depth of 745 meters below surface. Hole SKI17011 cut seven mineralized zones including 13.0 meters core length (6.3 meters true thickness) grading 2.49 g/t gold at a midpoint depth of 230 meters below surface, plus 49.0 meters core length (estimated 24.0 meters true thickness) grading 2.02 g/t gold at a midpoint depth of 360 meters below surface, plus 4.0 meters core length (estimated 2.0 meters true thickness) grading 6.78 g/t gold at a midpoint depth of 510 meters below surface. Hole SKI17013 cut three mineralized zones, with a highlight hit of 21.0 meters core length (estimated 16.0 meters true thickness) grading 2.73 g/t gold at a midpoint depth of 315 meters below surface. (Skiråsen gold results where applicable are capped at 30 g/t).
At the Risberget Zone, hole RIS17009 cut three mineralized zones with a highlight hit of 9.0 meters core length (estimated 6.8 meters true thickness) grading 1.69 g/t gold at a midpoint depth of 155 meters below surface. (Risberget gold results where applicable have been capped at 20 g/t).
The 3D wireframe modelling of the gold mineralization at the Avan, Central and Skiråsen zones has been completed, with 20 defined lodes at Avan, 15 defined lodes at Central, 12 defined lodes at Skiråsen.
Barsele's President, Gary Cope states; "Recent drilling has expanded the Risberget gold-potential zone from 250 meters to 1,300 meters and to a depth of 180 meters. We look forward to future drill results from this exciting new sector of the property and we are interested to learn the results of the 3D wireframe modelling of the intrusive-hosted gold mineralization at the Avan, Central and Skiråsen zones."
November 2017 Drilling Update | |||||||||||
Hole ID | Easting | Northing | Az | Dip | DDH Length | From (m) | To (m) | CL (m) | TL (m) | Au (g/t) | Top Cut (g/t) |
---|---|---|---|---|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
| ||||||
|
|
|
|
| |||||||
| |||||||||||
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
| ||||||
|
|
|
|
|
| ||||||
|
|
|
|
|
| ||||||
|
|
|
|
|
| ||||||
|
|
|
|
|
| ||||||
| |||||||||||
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
| ||||||
|
|
|
|
|
| ||||||
|
|
|
|
|
| ||||||
|
|
|
|
|
| ||||||
|
|
|
|
|
| ||||||
|
|
|
|
|
|
| |||||
|
|
|
|
|
|
| |||||
| |||||||||||
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
| ||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||||
|
|
|
|
| |||||||
|
|
|
|
|
| ||||||
|
|
|
|
|
| ||||||
|
|
|
|
|
| ||||||
|
|
|
|
|
| ||||||
| |||||||||||
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
| ||||||
| |||||||||||
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
| ||||||
|
|
|
|
| |||||||
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
| ||||||
|
|
|
|
| |||||||
|
|
|
|
| |||||||
|
|
|
|
|
| ||||||
|
| ||||||||||
|
|
|
|
|
| ||||||
|
| ||||||||||
| |||||||||||
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
| ||||||
|
|
|
|
| |||||||
| |||||||||||
|
|
|
|
|
| ||||||
|
| ||||||||||
|