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Big Ridge Gold Corp 2023 IP Survey Establishes New Drill Targets at Hope Brook Gold Project
Toronto, Ontario--(Newsfile Corp. - April 18, 2024) - Big Ridge Gold Corp. (TSXV: BRAU) (" Big Ri...
About this update from Big Ridge Gold Corp
[{"type":"text","content":"Big Ridge Gold Corp 2023 IP Survey Establishes New Drill Targets at Hope Brook Gold ProjectToronto, Ontario--(Newsfile Corp. - April 18, 2024) - Big Ridge Gold Corp. (TSXV: BRAU) (\"Big Ridge\" or \"Company\") is pleased to release results from the 2023 mapping, sampling and geophysical program conducted on the southwest extension of the Hope Brook Gold deposit, consisting of the Main Zone and 240 Zone. These results were part of a larger evaluation that also investigated regional targets in and around the known deposit. The 2023 exploration program is shown in Figure 1. The location of the Induced Polarization (IP) and Magnetometer grids are presented in Figures 2 and 3; which also includes results of the IP survey. Michael Bandrowski, President & CEO of the Company, commented: \"The results support our thesis that the southwest extension of the Hope Brook Gold deposit, whose estimated Indicated resource is 1.2M ounces grading 2.32 grams per tonne, is of high priority. We are extremely happy with the results so far and are anxious to receive the remaining geophysics results from regional targets at the Hope Brook Gold Project.\"The Field Program The 2023 Hope Brook Gold Project field exploration program was conducted from late August to early November; the program included regional evaluation of prospects across the Company's 10 contiguous licences at Hope Brook.The field program focused on the Hope Brook Mine and Old Man's Pond areas (Figure 1). Reconnaissance mapping over all licences was completed and approximately 60 km of ground magnetics was acquired. In addition, 29.1 km and 9.0 km of IP were acquired at the Hope Brook Mine extension and Old Man's Pond, respectively.Focus along the southwest strike extension of the Hope Brook Gold deposit, including the historic Chetwyn showing, intended to identify potential new mineralized trends and gain further geological understanding of the host horizons to the mine within the Cinq Cerfs Deformation Zone as bounded by the Cinq Cerfs Fault on the north and a second structure on the south. This new information will be merged with previously completed Controlled-Source, Audio-Frequency Magnetotellurics (CSAMT) and IP surveys conducted over the mine area.ResultsNearly 150 grab and channel samples were collected along the southwestern extension of the Hope Brook Mine host lithology....