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Barsele Minerals Announces an Updated Mineral Resource Estimate, with 1,427,000 Inferred Gold Ounces and 193,000 Indicated Gold Ounces
VANCOUVER, Feb. 26, 2018 /CNW/ - Barsele Minerals Corp. – (TSX-V: BME) ("Barsele") is pleased to report that an independently verified mineral resource estimate
About this update from Goldsky Resources Corp.
[{"type":"text","content":"VANCOUVER, Feb. 26, 2018 /CNW/ - Barsele Minerals Corp. – (TSX-V: BME) (\"Barsele\") is pleased to report that an independently verified mineral resource estimate has been completed for the purposes of the Company on the Barsele Gold Project in Västerbottens Län, northern Sweden (the \"Barsele Project\"). The study concludes that drilling to date along the Avan–Central–Skiråsen gold zones at a 1.75 g/t gold cut-off has outlined an Inferred Resource of 15,279,000 tonnes grading 2.91 g/t gold (1,427,000 ounces of contained gold) and an Indicated Resource of 2,399,000 tonnes grading 2.50 g/t gold (193,000 ounces of contained gold). Inferred Mineral Resource Estimate (Underground Resources) Indicated Mineral Resource Estimate (Underground Resources) Gold Cut-off Grade (g/t) Tonnage(metric) Gold Grade (g/t) Contained Ounces Gold Cut-off Grade (g/t) Tonnage(metric) Gold Grade(g/t) Contained Ounces 4.00 3,286,000 3.88 410,000 4.00 171,000 4.79 26,000 3.00 4,180,000 4.74 637,000 3.00 420,000 4.09 55,000 2.00 11,396,000 3.26 1,194,000 2.00 1,637,000 2.80 147,000 1.90 12,766,000 3.12 1,280,000 1.90 1,910,000 2.68 164,000 1.80 14,405,000 2.97 1,377,000 1.80 2,220,000 2.56 183,000 1.75 15,279,000 2.91 1,427,000 1.75 2,399,000 2.50 193,000 1.70 16,253,000 2.83 1,481,000 1.70 2,605,000 2.44 204,000 1.60 18,389,000 2.70 1,594,000 1.60 3,097,000 2.31 231,000 1.50 20,647,000 2.57 1,707,000 1.50 3,718,000 2.19 261,000 1.40 23,136,000 2.45 1,823,000 1.40 4,510,000 2.06 298,000 1.30 25,884,000 2.33 1,942,000 1.30 5,356,000 1.95 335,000 1.20 28,862,000 2.22 2,062,000 1.20 6,336,000 1.84 374,000 Base case mineral resources highlighted in bold within sensitivity analysis charts. Mineral Resource Estimate Footnotes: 1. The Independent and Qualified Persons for the Mineral Resource Estimate, as defined by NI 43‑101, are Pierre-Luc Richard, P.Geo., M.Sc. and Carl Pelletier, P.Geo., B.Sc, both from InnovExplo Inc., and the effective date of the Estimate is February 15, 2018. 2. These mineral resources are not mineral reserves as they do not have demonstrated economic viability. While the results are presented undiluted and in situ, the reported mineral resources are considered to have reasonable prospects for economic extraction. 3. The en...