Business
Barsele Minerals Announces the Resumption of Diamond Drilling Activities for 2022
Coring was initiated on June 3rd Diamond drilling is budgeted for 3,000 metres (approximately 15 holes) and will test for Orogenic Gold and Volcanogenic Massive
About this update from Goldsky Resources Corp.
[{"type":"text","content":" Coring was initiated on June 3rd Diamond drilling is budgeted for 3,000 metres (approximately 15 holes) and will test for Orogenic Gold and Volcanogenic Massive Sulphides. Drilling will commence near the known Risberget Zone, to test Orogenic Gold targets in the vicinity of previously intersected gold mineralization. Other Gold targets where testing is planned include Avan, Skiråsen, Bastuträsk, and Södra Sundträsket. Testing for Volcanogenic Massive Sulphides will take place at the Norra Zone and Bastuträsk target areas. COVID-19 protocols continue to be recommended, in order to keep the workers and the people living in the surrounding communities safe. VANCOUVER, BC, June 7, 2022 /CNW/ - Barsele Minerals Corp. (TSXV: BME) (the \"Company\" or \"Barsele\") 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. Between January 1 and May 31, 2022, Agnico Eagle personnel and certain contractors have continued with office-related and field-specific exploration activities at a number of exploration sites throughout the property. Work has included geophysical surveys, base of till sampling, plus MEFFA (multi-element fine fraction analysis) surface till sampling and data interpretation programme utilizing automated pXRF scanning, together with laser ablation and ICP-MS, to define precious/base metal anomalous areas. All this work has been carried out in preparation for this year's diamond drill campaign. New mineralized structural and stratigraphic trends continue to evolve, for both deposit types. Studies related to gold occurrences associated with certain elements, minerals and alteration phases have been on-going. Diamond drilling by Agnico Eagle since 2015, within the 34,533-hectare property totals 158,439 metres of overburden penetration and core collection from a total of 422 dr...