Blind Creek Commences Exploration Program at Engineer Gold Mine
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VANCOUVER, Aug. 17, 2017 /CNW/ - (TSX-V: BCK) – Blind Creek Resources Ltd. ("Blind Creek" or the "Company") is pleased to announce that an exploration program has commenced at the Company's 100% owned and fully-permitted Engineer Gold Mine Property, situated 32 kilometres southwest of Atlin, British Columbia. The Company has commissioned Ms. Fionnuala Devine, M.Sc., P.Geo. to oversee a geological mapping, sampling and soil geochemical survey following up previous exploration results immediately south of the Engineer Mine (proper) and on the Wann River claims, 5 kilometres to the south.
BC Gold-Silver-Arsenic-Antimony Soil Anomaly at Engineer Mine
A previous soil geochemical survey at Engineer Gold Mine defined the "BC" anomaly, 500 metres east of the historic mine workings in an area that has only seen limited modern exploration. The BC anomaly is elevated in gold and silver with an outer halo of elevated arsenic, antimony and molybdenum. All are elements associated with Engineer-style gold mineralization within the historic mine. (View Map)
The BC gold-silver anomaly represents the largest near-mine soil geochemical anomaly defined to date at Engineer Mine. The BC anomaly is 300 m long by 250 m wide and is near the projected intersection of Shears "A" and "B", large second-order fault structures known to host significant gold mineralization in hydrothermal breccias within the mine workings. Past drilling by BCGold Corp. and Erickson Gold Mining Corp. targeting bulk tonnage gold in Shear "A", 200 metres north of the BC anomaly returned gold grades averaging 0.44 g/t gold over 32.0 metres (Drill Hole BCGE08-05) and 0.38 g/t gold over 23.6 metres (Drill Hole DDH87-102), respectively.
The current soil sampling survey is designed to extend sampling coverage southward, in attempt to determine the overall size of the BC anomaly for subsequent trenching and diamond drilling.
Defining High-Grade Gold-Silver Structures on the Wann Claims
Blind Creek's Wann claims straddle the Llewellyn Fault Zone, the same system of northwest trending, steeply northeast dipping structures and splays that host high grade and bulk tonnage gold mineralization at the Engineer Gold Mine, situated 5 kilometres to the north. Past exploration by Blind Creek at Wann River has focused on a 160° trending, 800 metre long by 180 metre wide corridor with quartz vein mineralization. Previously reported assay results from grab samples from the area (J. Pautler, P.Geo., 2010) include 263 g/t Au, 1350 g/t Ag, 2.75% Cu, 4.45% Pb and 1.36% Zn hosted by quartz from tailings in the Lum trenches, and 15.9 g/t Au, 440 g/t Ag, and 1.04% Pb from the Newfie, 17.2 g/t Au from the Trail, including 32.9 g/t Au, 1180 g/t Ag and 3.35% Cu and 3.79% Pb from float, and 126 g/t Ag from the River quartz vein showings.
Blind Creek is conducting a soil sample orientation survey across the Wann mineralized corridor, similar to that previously conducted at Engineer Mine, in attempt to determine the most reliable method to trace high-grade gold and silver-bearing mineralized structures. Positive results will be followed up with mapping, sampling, trenching and diamond drilling in 2018.
Qualified Person
The 2017 Engineer Gold Mine soil sampling surveys are being conducted by Decoors Mining Corp. of Atlin, British Columbia. The work program was designed and is being supervised by Ms. Fionnuala Devine, MSc., P.Geo. of Merlin Geoscience Inc. Ms. Devine is a Qualified Person as defined by National Instrument 43-101 who has reviewed and approved the technical contents of this news release.
Blind Creek Appoints Corporate Communications Consultant
Blind Creek is also pleased to announce that it has retained MarketSmart Communications Inc. (MarketSmart) to develop and implement a strategic corporate communications program to increase visibility and exposure for Blind Creek Resources among industry stakeholders and investors across Canada. MarketSmart is a Vancouver-based corporate communications service that has been in business since 2002.
In connection with the engagement, MarketSmart has been awarded a one-year consulting contract effective June 1, 2017. Pursuant to the terms of the contract, MarketSmart will be paid a total sum of $56,000.
About Blind Creek Resources Ltd.
Blind Creek is a Vancouver-based junior resource company focused on lead-zinc-silver and gold-silver project acquisition, exploration and development in Yukon (Blende Property), Northwest Territories (AB Property) and British Columbia (Engineer Gold Mine). The Company's flagship property is the Blende Property in north-central Yukon, one of the largest undeveloped zinc-lead-silver deposits in Western Canada. More recently the company has signed an agreement to acquire a 100% interest in the AB Property (MV-Type Zinc-Lead) in the Northwest Territories and purchased the historic and fully-permitted Engineer Gold Mine, situated 32 km southwest of Atlin, B.C.
For additional information please visit the company website www.blindcreekresources.com.
On behalf of the Board of Directors
Mr. Brian P. Fowler, P.Geo.
President
Tel: (604) 617-8191 .
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.
This news release contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the control of Blind Creek Resources Ltd. which may cause actual results, performance or achievements of Blind Creek Resources Ltd. to be materially different from the results, performance or expectation implied by these forward looking statements. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Neither the 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 Blind Creek Resources Ltd.
Contact
MarketSmart Communications Inc., (877) 261 4466, www.marketsmart.ca