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Barsele Minerals Announces the Resumption of Diamond Drilling Activities
Coring was initiated on June 2nd Diamond drilling is budgeted for 3,000 metres (25 holes) and will test for Orogenic Gold and Volcanogenic Massive Sulphides. Dr
About this update from Goldsky Resources Corp.
[{"type":"text","content":" Coring was initiated on June 2nd Diamond drilling is budgeted for 3,000 metres (25 holes) and will test for Orogenic Gold and Volcanogenic Massive Sulphides. Drilling will commence west northwest of Risberget and southeast of Skiråsen to test Orogenic Gold targets (planned 2 holes), followed by a test of the following targets. Induced Polarization/Electromagnetic/Magnetic targets at the new precious and base metal discoveries at Bastuträsk (planned 5 holes). Regional Orrträsket West MEFFA (Multi Element Fine Fraction Analysis) anomalies (planned 2 holes). Regional Djupsmyrberget (Norra-type) VMS targets (planned 2 holes). Norra-proximal VMS targets (planned 3 holes). If meterage is available, drilling will test the Södra Sundträsket MEFFA anomalies, Avan high-grade gold extensions and potential intrusion related gold targets at Sör-Sjöliden. The winter BOT (base of till) sampling program has been completed with 57 holes drilled and 185 samples collected. Reprocessing of three Titan-24 deep penetrating Induced Polarization survey lines over the Central-Avan-Skiråsen zones has revealed deep penetrating sub-vertical structures hosting an anomalous conductive zone at depths up to 1,500 metres below surface. Preliminary ore sorting studies have indicated Avan-weak, Central-medium and Skiråsen-good, ore sorting potential. Stringent COVID-19 protocols continue to be enforced, in order to keep the workers and the people living in the surrounding communities safe. VANCOUVER, BC, June 7, 2021 /CNW/ - Barsele Minerals Corp. – (TSXV: BME) (\"Barsele\", \"Company\") is pleased to provide an operational update regarding ongoing exploration activities within the Barsele Gold-VMS Project area in Västerbottens Län, Northern Sweden (the \"Barsele Project\"). The exploration program is being operated by joint venture partner Agnico Eagle Mines Limited – (TSX: AEM) (NYSE: AEM) (\"Agnico Eagle\"). Ownership in the Barsele Project is 55% Agnico Eagle and 45% Barsele. Agnico Eagle can earn an additional 15% in the Barsele Project through the completion of a pre-feasibility study. There is no cash outlay requirement by Barsele until a pre-feasibility study is completed. On May 12, 2021, Barsele announced that it has executed a non-binding letter of intent with Agnico Eagle to acquire Agnico Eagle's indirect 55% interest in the Barsele Project (the \"P...