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Barsele Minerals: Project Drill Hole AVA18003 within the Avan Zone intersects 9.0 metres grading 35.72 grams gold.
Expansion hole CNT18002 cut 7 gold zones with best hit of 13.0 metres grading 2.8 g/t gold. AVA18001 cut 4 gold zones with a best hit of 17.4 metres grading 2.5
About this update from Goldsky Resources Corp.
[{"type":"text","content":" Expansion hole CNT18002 cut 7 gold zones with best hit of 13.0 metres grading 2.8 g/t gold. AVA18001 cut 4 gold zones with a best hit of 17.4 metres grading 2.54 g/t gold. NOR18007 at the Stentjärnen potential gold zone yields 3.2 metres grading 2.97 g/t gold. VANCOUVER, July 5, 2018 /CNW/ - Barsele Minerals Corp. – (TSX-V: 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 by Barsele until pre-feasibility is completed. On April 10th, a total of four drills became operational at the Barsele Project. As of the end of May, 18,252 metres of core has been collected from 43 completed holes since drilling started in early January, 2018. Twenty-eight drill holes are tabulated in this news release. At Avan, five expansion holes are presented, with assays pending for two of them. At Central, two expansion holes are reported, as well as results from one hole at Skiråsen. Of the remaining holes, two targeted VMS-style mineralization and eighteen pursued the northwest trending Stentjärnen linear magnetic low that coincides with gold anomalous till sample results. This parallel trending Stentjärnen Zone lies north of the Avan, Central and Skiråsen gold zones and south of the Norra VMS Zone. Base of till testing is ongoing. At the Avan Zone, highlight results include AVA18001 which intersected gold mineralization that averaged 2.54 g/t gold along a core length of 17.40 metres (estimated 11.5 metres true thickness) at a midpoint depth of 15 metres below surface. AVA18003 cut 6.0 metres core length (estimated 3.7 metres true thickness) grading 2.79 g/t gold at a midpoint depth of 105 metres below surface, plus 9.0 metres core length (estimated 5.7 metres true thickness) grading 35.72 g/t gold uncut (5.58 g/t gold cut) at a midpoint depth of 200 metres below surface. AVA18005 cut 13.0 metres core length (estimated 8.2 metres true thickness) grading ...