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Barsele Minerals Retains Amec Foster Wheeler for Resource Review
VANCOUVER, Feb. 27, 2017 /CNW/ - Barsele Minerals Corp. (TSX-V: BME) ("Barsele") reports that it has retained the services of Amec Foster Wheeler, to complete a
About this update from Goldsky Resources Corp.
[{"type":"text","content":"VANCOUVER, Feb. 27, 2017 /CNW/ - Barsele Minerals Corp. (TSX-V: BME) (\"Barsele\") reports that it has retained the services of Amec Foster Wheeler, to complete an Independent Review of the Barsele Mineral Resource Update, that was created by Agnico Eagle Mines Limited (TSX, NYSE: AEM) (\"Agnico Eagle\"). The Barsele gold deposit occurs within the Barsele Au-VMS Project area in Västerbottens Län, northern Sweden (the \"Barsele Project\"). Exploration and mineral resource definition at the Barsele Project has recently been managed by joint venture partner 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. The Barsele property is known to contain intrusive hosted gold mineralization that appears to be similar to Agnico Eagle's Goldex deposit in Quebec. During 2016, a total of 85 diamond drill holes totaling 33,477 meters were drilled by Agnico Eagle. Drilling focused on verifying, defining and expanding the mineral resources within and along the Central, Avan and Skiråsen zones, that are now interpreted to be part of the same mineralized system that extends over 2.6 kilometers of strike length and to a depth of 600 meters and still open in all directions. These contiguous mineralized zones occur within a granodiorite host that ranges in width from 200 to 500 meters and is traceable over a strike length exceeding 8.0 kilometers. Gold is generally associated with arsenopyrite and low base metal content, but also occurs as native metal locally. Barsele is having its qualified persons review the updated mineral resource estimate and will disclose the results on completion of the review. Qualified persons include: Greg Kulla, who will lead the evaluation process, Greg Gosson who will provide technical guidance on disclosure, and Peter Oshust who will provide a mineral resource review. An updated NI 43-101 Technical Report will be prepared if warranted. The Company also announces that it has entered into a non-arm's length shared services agreement dated January 1, 2017 with Belcarra Group Management Ltd. (\"Belcarra\"), whereby Barsele has engaged Belcarra to provide management, administrative, office facilities and other related services including the provision of personnel as may...