• Montag, 22 Juli 2024
  • 23:34 Uhr Frankfurt
  • 22:34 Uhr London
  • 17:34 Uhr New York
  • 17:34 Uhr Toronto
  • 14:34 Uhr Vancouver
  • 07:34 Uhr Sydney

Brigadier Gold Ltd.: Exploration Update

15.12.2010  |  Marketwire
TORONTO, Dec. 15, 2010 - Brigadier Gold Ltd. (the "Company" or "Brigadier Gold") (TSX VENTURE: BRG) is pleased to provide a progress report with regard to exploration work it is currently carrying out on the Incamayo gold-copper property near Salta, Argentina (the "Property" or "Incamayo").

Exploration work began in mid-November 2010. To date, a camp has been constructed, access roads are in the process of being upgraded and all permits are in place to begin a drill program in early 2011, pending results of mapping and geophysical programs.

Grant Hall, President of Brigadier Gold states: "Now that we have completed our business amalgamation and seen strong support in our financings, we are excited to be working on the Property. I could not be more pleased about the conduct and efficiency of our early exploration efforts. We look forward to evaluating the results from the geophysical surveys and the beginning of our initial drill program in January of 2011".

The last exploration work that was done on the Property was the drilling of nine reverse circulation holes in 1997 by Mansfield Minerals. At the time that this exploration was being carried out in 1997 the prices of gold and copper were less than 25% of their respective prices today. Information about Mansfield's exploration work and results is available on Sedar.com.

Brigadier Gold has been re-mapping and re-sampling the trenches excavated by Mansfield Minerals (over 5000 metres) in order to gain a better understanding of the geological and structural controls of the mineralization.

Argali Geophysica EIRL, based in Antofagasta, Chile, has been contracted to carry out both a 40 kilometre Induced Polarization (IP) survey and a 65 km magnetometer survey over the Property. No previous geophysical surveys, other than magnetometer surveys, are known to have been carried out on the Property and it is anticipated that these new surveys, combined with the ongoing mapping, will focus drilling in 2011.

The December portion of the IP survey will initially be concentrated over the critical portion of the Property in the vicinity of the Mansfield Minerals discovery hole (RCCG 97-7). It is anticipated that the balance of both of these surveys will be completed in early January 2011.

Diamond drilling is scheduled to begin in January and will be carried out by a Salta-based Canadian drill contractor. Drilling will focus on the area of discovery hole RCCG 97-7. Further drilling will be expanded as interpretations of the geophysical data are completed.

Initial exploration work at Incamayo has confirmed that the alteration zone, approximately 5 km in length and 0.5 km in width is larger than the zone of mineralization and is obviously epithermal in origin. Mapping to date suggests that the mineralization seen in old trenches may be part of a series of stacked lenses. If this interpretation is correct it may have positive exploration implications for the rest of the Property. The IP survey should provide vital information to confirm this interpretation.

At Golden Minerals' El Quevar property, 50 kilometres to the northwest of Incamayo, a series of stacked mineralized zones exhibit a roughly east-west direction. Mineralization at Incamayo may have a similar orientation.

Exploration at Incamayo is being conducted by personnel of Discovery Consultants of Vernon, BC. Thomas H. Carpenter, PGeo, of Discovery is the QP responsible for the preparation of this release.


Brigadier Gold is a mineral exploration and development company headquartered in Toronto. The company is focusing its expertise on the Americas and in particular the Incamayo Project in North Western Argentina. For additional information about Brigadier Gold and the Incamayo Project see contact information.


This press release may contain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein may be forward-looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budgets", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "goal" or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. This forward-looking information reflects the Company's current beliefs and is based on information currently available to the Company and on assumptions the Company believes are reasonable. These assumptions include, but are not limited to, the actual results of exploration projects being equivalent to or better than estimated results in technical reports or prior exploration results, and future costs and expenses are based on historical costs and expenses. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: the early stage development of the Company and its projects; general business, economic, competitive, political and social uncertainties; commodity prices; the actual results of current exploration and development or operational activities; competition; changes in project parameters as plans continue to be refined; accidents and other risks inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting the Company; timing and availability of external financing on acceptable terms; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key individuals. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.



Contact Information

Brigadier Gold Limited
Grant Hall, President & CEO
(416) 410-7956
(905) 707-1520 (FAX)
info@brigadiergold.com
www.brigadiergold.com
Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
Pace Metals Ltd.
Bergbau
A40CFW
CA69381B1094

Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.