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Showing posts with label $BGADF. Show all posts
Showing posts with label $BGADF. Show all posts

Brigadier Provides Corporate Update


Brigadier Gold Limited (the "Company" or "Brigadier") (TSXV: BRG) (FSE: B7LM) (USA: BGADF) announces that Mr. Matthew Wright has tendered his resignation as Chief Financial Officer of the Company. Mr. Wright's departure is effective immediately, but he will assist in facilitating a smooth transition once a new Chief Financial Officer is appointed, the Board of Directors has identified several qualified candidates.

Robert Birmingham, President and Chief Executive Officer, comments: "On behalf of Brigadier, I wish to thank Mr. Wright for his service to the Company and wish him well in his future endeavors."

About Brigadier Gold

Brigadier was framed to use the following significant buyer market in the common asset area, especially valuable metals. Our command is to gain underestimated and disregarded activities with certifiable potential for progression. 

Driven by a supervisory group with many years of involvement with mineral investigation and capital business sector improvement, we are centered around cutting-edge investigation openings in politically stable locales.

For further information, please contact:

Brigadier Gold Limited
Ranjeet Sundher, Chief Executive Officer

Leah Hodges, Corporate Secretary
(604) 377-0403


Brigadier Makes Copper Discovery at Picachos

 

Exploration Continues on Gold-Silver Targets Identified in Phase-1 Diamond Drilling

Brigadier Gold Limited (the "Company" or "Brigadier") (TSXV: BRG)(FSE: B7LM)(OTC PINK: BGADF) is pleased to announce the discovery of bulk tonnage type copper mineralization in trenching and further results from exploration of newly identified gold targets at its Picachos gold-silver-copper project Sinaloa, Mexico (the "Picachos Project," "Picachos" or the "Property"). Additional assays from phase-1 diamond drilling are anticipated to be received in June.

Picacho's, located approximately four hours' drive from the city of Mazatlan, covers 3,954 hectares and overlaps one of the largest high-amplitude contiguous anomalies for gold and base metals in the western Sierra Madre with values up to 6841 ppb Au in fine-fraction, active channel stream sediments.

Rob Birmingham, President, and CEO remark, "We're proud of the team effort put into acquiring, financing, and driving exploration and development at Picachos. Exploration and diamond drilling efforts led by head geologist Michelle Robinson, have successfully identified an extensive mineralized vein system and numerous targets for follow-up investigation, including a large, unexplored copper porphyry target situated in the northern part of the Property. We look forward to implementing a cost-effective approach aimed at further de-risking Picachos and building on the technical success achieved to date."

Copper Discovery

Brigadier has initiated trenching across historic anomalies considered prospective for bulk-tonnage style copper mineralization. Trench BRG-50250 was located approximately 2 kilometers south of a trench cut by Brigadier across several hundred meters of molybdenite in the winter of 2020. The first 50 meters of BRG-50250 have been sampled and analyzed using the field XRF and returned copper values between 0.05% and 1.34% and silver values between 20g/t and 284g/t. These samples will be sent to the lab when the trench is complete and mineralized intervals formally reported after that.

La Gloria Gold Target

Brigadier has completed mapping and sampling of the historic La Gloria underground gold mine in the central part of its Picachos Project. In 2020, Brigadier intercepted La Gloria in DH-BRG-028 between 140 and 141 meters depth where a value of 6.26 g/t gold across 1 meter was returned. This intercept was 112 meters below the historic workings. In the plane of the vein, the known underground workings are 60 to more than 130 meters below topography. Collectively, diamond drilling and the underground workings define the position of La Gloria Vein for more than 240 meters down-dip.

La Gloria stope is accessed by a 105-meter long cross-cut at the 950-meter elevation that trends easterly. The cross-cut and drill hole locations are now tightly controlled by a high-resolution airborne LiDAR survey recently completed by Eagle Mapping. From the portal, La Gloria cross-cut and stope were surveyed using a Brunton and tight chain.

From the mine portal to 71 meters, the host rocks consist of intermediate volcanics that are dark grey-green and contain amygdules that are filled with quartz, chlorite, and calcite. The stope was mapped for approximately 35 meters northwest of the cross-cut and 65 meters to the southeast. La Gloria Vein strikes 155°-160° and dips 80°-65° southwesterly.

Samples were cut every meter along the cross-cut to identify any metal-bearing veins or veinlets in the hanging wall to La Gloria and clean off the dust for geological mapping. In the stope, the historically worked faces form a honeycomb and samples were cut across the back or working faces where rock conditions were safe for sampling. Fifteen sample lines of one to three samples each were collected across the vein and these have been submitted today to SGS in Durango for gold and base metal analyses. Gold is apparent in panned concentrates of several samples.

Drill Results Pending

Assays are still pending for 518 meters of drilling completed in phase one, most of which is from a 3-hole fence drilled across El Placer Norte where underground sampling returned grades of up to 12.79 g/t across the Huarache Vein. Perhaps more significantly, a surface trench across the El Placer trend returned values of 0.5 g/t gold across 65 meters in BRG-117154. This was followed by 8 meters of 2.14 g/t gold in adjacent trench BRG-117146.

National Instrument 43-101 Disclosure

The technical information in this press release has been reviewed by Michelle Robinson, MASc., P.Eng., a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Drilling was completed using PQ and HQ tooling. Core and sample handling procedures are documented in the Company's press release dated October 22, 2020. Standard pulps, field duplicates, pulp duplicates, and blanks are inserted into the sample stream. The samples were analyzed by SGS Laboratories in Durango using fire-assay methods for gold, and ICP methods with 4-acid digestion for silver and base metals. SGS is an accredited laboratory. It is the Qualified Person's opinion that the technical information disclosed in this press release is reliable.

Please visit our website to learn more about Brigadier Gold.

About Brigadier Gold Limited

Brigadier was formed to leverage the next major bull market in the natural resource sector, particularly precious metals. Our mandate is to acquire undervalued and overlooked projects with demonstrable potential for advancement. Led by a management team with decades of experience in mineral exploration and capital markets development, we are focused on advanced exploration opportunities in politically stable jurisdictions.

For further information, please contact:

Brigadier Gold Limited
Robert Birmingham, Chief Executive Officer
Leah Hodges, Corporate Secretary
(604) 377-0403

SOURCE: Brigadier Gold Limited



Brigadier Completes Phase One Exploration at Picachos With Multiple Follow-up Drill Targets Assays Pending for Prospective El Placer Norte Target where sampling returned up to 12.79 g/t Gold

 




Brigadier Gold Limited (the "Company" or "Brigadier") (TSXV: BRG)(FSE: B7LM)(OTC PINK: BGADF) is pleased to provide a summary of the recently completed phase one exploration program at its Picachos gold-silver-copper project Sinaloa, Mexico (the "Picachos Project", "Picachos" or the "Property"). In total 5057 meters of the diamond drill was completed in 50-holes across eleven different prospects on the Property, most of which were never previously drill tested. The remaining assays are anticipated to be received in June.

Phase-one Drilling Highlights:

  • San Agustín past-producing gold mine with a principal result of 7.45 g/t gold and 51 g/t silver across 7 metres in DH-BRG-001. Significant widths and grades were intercepted in several holes from San Agustín.

  • San Antoñio historic gold-copper mine with 12.62 g/t gold and 78 g/t silver with 4.5% copper across 0.8 metres in DH-BRG-026.

  • La Gloria historic gold mine with values of 10.65 g/t gold across 1 metre in a larger interval of 2.29 g/t gold across 8 metres in DH-BRG-028.


Rob Birmingham, President & CEO, comments, "With Picachos' first-ever diamond drill program concluded, Brigadier now has a robust dataset from which to plan the next phase of exploration. Over the course of the last eight months, exploration efforts have produced several high-priority targets which the Company intends to follow up on, including a copper and base metals porphyry on the North end of the Picachos Project. With copper reaching all-time highs, it is truly an exciting time to take a closer look at this aspect of the Property."

Assays are still pending for 518 metres of drilling completed in phase-one, most of which is from a 3-hole fence drilled across El Placer Norte where underground sampling returned grades of up to 12.79 g/t across the Huarache Vein. Perhaps more significantly, a surface trench across the El Placer trend returned values of 0.5 g/t gold across 65 metres in BRG-117154. This was followed by 8 metres of 2.14 g/t gold in adjacent trench BRG-117146.

Further indications of a possible bulk tonnage gold target were returned from trench BRG-26892 with values of 1.07 g/t gold across 6 metres from a newly discovered mineralized outcrop of porphyritic rhyolite on the Santa Elena ridge, about 850 metres southwest of Garabato and 750 metres north of El Placer Norte.

A copper porphyry target with associated base metals was confirmed in the northwestern part of the Property where approximately 350 metres of semi-continuous hand trenching on Line 2569200 uncovered sericitic alteration with values mainly greater than 240 ppm molybdenum (Mo) with up to 0.22% Mo across 6 metres. These results confirm the bedrock source for overlying Mo-in-soil results of up to 456 ppm Mo. This anomaly is about 400 hectares in size and is roughly defined by soil samples at 50 metre spacing on survey lines spaced 400 meters apart. Sericite with molybdenite is interpreted to represent part of a hydrolytic alteration shell around a buried porphyry system.

Brigadier has 17.7 line kilometers of first-order geochemical anomalies for gold, copper, and molybdenum outside the drilled areas that merit systematic mapping and trenching. A portion of these has been selected for near-term work this summer. Access routes for heavy equipment have been surveyed both to Garabato and to the porphyry area. The Company is considering an airborne geophysical survey to better understand both faulting and intrusions related to mineralization.

National Instrument 43-101 Disclosure

The technical information in this press release has been reviewed by Michelle Robinson, MASc., P.Eng., a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Core and sample handling procedures are documented in the Company's press release dated October 22, 2020. Standard pulps, field duplicates, pulp duplicates, and blanks are inserted into the sample stream. The samples were analyzed by SGS Laboratories in Durango using fire-assay methods for gold, and ICP methods with 4-acid digestion for silver and base metals. SGS is an accredited laboratory. It is the Qualified Person's opinion that the technical information disclosed in this press release is reliable.

Please visit our website to learn more about Brigadier Gold.

About Brigadier Gold Limited

Brigadier was formed to leverage the next major bull market in the natural resource sector, particularly precious metals. Our mandate is to acquire undervalued and overlooked projects with demonstrable potential for advancement.

Led by a management team with decades of experience in mineral exploration and capital markets development, we are focused on advanced exploration opportunities in politically stable jurisdictions.

For further information, please contact:

Brigadier Gold Limited www.brigadiergold.ca

Rob Birmingham, Chief Executive Officer rob@brigadiergold.ca

Leah Hodges, Corporate Secretary
(604) 377-0403