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Barsele Minerals: Drill Hole SKI18003B at the Skiråsen Zone intersects 27.0 metres grading 4.12 g/t gold
At Avan, expansion hole AVA18006 cuts 24.0 metres grading 3.76 g/t gold SKI18003 that was abandoned prior to target depth, intersected 2.0 metres grading 29.17
About this update from Goldsky Resources Corp.
[{"type":"text","content":" At Avan, expansion hole AVA18006 cuts 24.0 metres grading 3.76 g/t gold SKI18003 that was abandoned prior to target depth, intersected 2.0 metres grading 29.17 g/t gold SKI18002 cuts 6 gold zones with a best hit of 9.0 metres grading 3.76 g/t gold CNT18006 intersected 3.0 metres grading 11.12 g/t gold VANCOUVER, Aug. 13, 2018 /CNW/ - Barsele Minerals Corp. – (TSXV: BME) (\"Barsele\") is pleased to report an operational update for the ongoing exploration program 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, 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 pre-feasibility is completed. Four drills were operational during the month of June. As of the end of June, 21,717 metres of core has been collected from 50 completed holes, since drilling was re-started in early January, 2018. Eleven drill holes are listed in this news release, with results pending for three of those holes. At Avan, four expansion holes are presented, with assays pending for two of those holes. At Central, four expansion holes are listed, with assays pending for one of those holes. At Skiråsen, three holes are presented, with one of those holes abandoned and re-drilled. Base of till drill testing is ongoing, along with regional surface till sampling. At the Avan Zone, highlight results include AVA18004 which intersected five zones of gold mineralization with a highlight hit that averaged 2.17 g/t gold along a core length of 14.0 metres (estimated 8.2 metres true thickness) at a midpoint depth of 215 metres below surface. AVA18006 cut 24.0 metres core length (estimated 14.4 metres true thickness) grading 3.76 g/t gold at a midpoint depth of 200 metres below surface. At the Central Zone, CNT18003 intersected four gold-bearing zones with the highlight intercept being 10.0 metres core length (estimated 3.4 metres true thickness) grading 2.74 g/t gold at a midpoint depth of 415 metres below surface. CNT18004 cut two gold bearing zones with a highlight intercept of 3.0 metres core length (est...