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Barsele Minerals Presents Final VMS and Gold Zone Drill Results from the 2019 Exploration Campaign
Avan regional drilling (AVA19007) indicates a 600-metre northwesterly extension of the Gold Zone. AVA19005 yields 21.55 metres grading 0.18% Zn, 2.50 g/t Ag (Re
About this update from Goldsky Resources Corp.
[{"type":"text","content":" Avan regional drilling (AVA19007) indicates a 600-metre northwesterly extension of the Gold Zone. AVA19005 yields 21.55 metres grading 0.18% Zn, 2.50 g/t Ag (Regional VMS). AVA19007 yields 1.00 metre grading 6.57 g/t Au (NW Extension of CAS Zone). NOR19018 yields 6.90 metres grading 0.16% Zn, 7.41 g/t Ag, 0.08% Cu (Regional VMS). NOR19022 yields 0.80 metre grading 3.89 g/t Au, 0.12% Zn (Expansion VMS). STO 19002 yields 2.00 metres grading 0.25% Zn, 58.82 g/t Ag, 0.27% Pb (Regional VMS). VANCOUVER, Jan. 10, 2020 /CNW/ - Barsele Minerals Corp. – (TSXV: BME) (\"Barsele\") is pleased to report the final 2019 operational update in relation to 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 a pre-feasibility study is completed. Diamond drilling for the 2019 year totaled 12,310 metres in 56 completed core holes. Since late 2015, a total of 147,452 metres of overburden penetration and core collection has been tabulated from a total of 367 drill holes. Results from 39 drill holes are presented in this news release. The pursuit of volcanogenic massive sulphide (\"VMS\") mineralization within the Barsele Project area was the principal focus in 2019, with Agnico Eagle applying a combination of geological, structural, geochemical and geophysical techniques to facilitate the pursuit to discovery. Each hole drilled has added to the knowledge-base. Drill core observations and analytical results, have assisted the vectoring toward the eventuality of a new discovery. Additionally, there was some minor drill testing along the extensive Avan-Central-Skiråsen (CAS) gold system. The gold intercept in hole AVA19007 extends the mineralization roughly 600 metres to the northwest for a known strike length approaching 3.6 kilometres. The 2019 drilling results included in this news release have been principally focused on \"Regional VMS Targets\" along with some \"Orogenic Gold\" target testing thro...