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Big Ridge Gold Provides Exploration Update for the Hope Brook Gold Project
Toronto, Ontario--(Newsfile Corp. - October 13, 2021) - Big Ridge Gold Corp. (TSXV: BRAU) (" B...
About this update from Big Ridge Gold Corp
[{"type":"text","content":"Big Ridge Gold Provides Exploration Update for the Hope Brook Gold ProjectToronto, Ontario--(Newsfile Corp. - October 13, 2021) - Big Ridge Gold Corp. (TSXV: BRAU) (\"Big Ridge\" or the \"Company\") is pleased to provide an update on the exploration program that is currently in progress at the Hope Brook Gold Project, located in southwest Newfoundland & Labrador.Geophysics ProgramThe company is nearing the completion of its Controlled Source Audio-frequency Magnetotellurics (CSAMT) geophysics program. The program is designed to test the large 1,200 meter (\"m\") gap between the 240 Zone and Main Zone and extensions to the southwest and northeast of the 240 and Main Zones. This program is expected to better define current targets and identify new ones across the large concession package striking for more than 30 kilometers. Phase 1 Drill ProgramThe company's drill contractor is currently mobilizing drill rigs and crews that are expected to be on site this week. The Phase 1, 25,000-meter drill program will aim to test the highly prospective ground between the 240 and Main Zones at surface and to depth as well as the Northeast Extension once results from the CSAMT program have been interpreted. Shallow historic drilling completed by previous operators across 400 meters of strike west of the Main Zone and outside the current resource estimate generated high grade results such as 4.69 grams per tonne (g/t) gold across 14.9 meters and 3.11 g/t gold across 18.0 meters.The current program calls for a minimum 25,000 meters of diamond drilling and will take the company well into 2022 including a 30-day break over the Holiday Season. Big Ridge is also utilizing a back-pack drill on site to test targets previously identified via sampling, geophysics and drill programs completed in the 1980's. Hope Brook Gold ProjectMichael Bandrowski, President & CEO of Big Ridge commented, \"Big Ridge has all the necessary permits in place and is excited to commence the first meaningful exploration program at Hope Brook since 2012. The known mineralization at Hope Brook provides a great resource to build on and the highly prospective targets in and around the deposit provide an opportunity to make further discoveries\".Qualified PersonThe scientific and technical content of this press release has been reviewed and approved by Nick Tintor, a Qualifi...