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Barsele Minerals: Validation hole AVA16024 extends Avan mineralization 375 meters northwest of known Avan Zone
VANCOUVER, March 6, 2017 /CNW/ - Barsele Minerals Corp. - (TSX-V: BME) ("Barsele") is pleased to report a tenth operational progress update for the current expl
About this update from Goldsky Resources Corp.
[{"type":"text","content":"VANCOUVER, March 6, 2017 /CNW/ - Barsele Minerals Corp. - (TSX-V: BME) (\"Barsele\") is pleased to report a tenth operational progress update for the current exploration program within the Barsele Au-VMS Project area in Västerbottens Län, northern Sweden. The exploration program is being operated by joint venture partner Agnico Eagle Mines Limited - (TSX, NYSE: AEM) (\"Agnico Eagle\"). Ownership in the 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. During the month of January, three diamond drilling machines were focused within and along the trend of the Avan, Central and Skiråsen zones, where validation, conversion and expansion drilling has taken place. Highlight validation hole AVA16024 yielded 14.0 meters core length (estimated 10.0 meters true thickness) grading 1.01 g/t gold at a depth of 20 meters below surface. In addition, conversion hole SKI16015 yielded 31.0 meters core length (estimated 16.5 meters true thickness) grading 2.29 g/t gold at a midpoint of 315 meters below surface and conversion hole CNT16032 cut 92.0 meters core length (estimated 62.0 meters true thickness) grading 1.63 g/t gold at a midpoint of 390 meters below surface. Four holes were completed during the month of January of which one was validation, two were conversion and one was expansion. During the month, 1,466 meters was drilled and there were 1,768 samples sent for analysis, with 3,030 assay results received. Barsele's President, Gary Cope states, \"We continue to receive positive results in validation, conversion and expansion drilling at Barsele. The 375-meter extension of the Avan Zone is a very positive indication for potential northwesterly growth of this large mineralized system.\" Highlight Results from the January 2017 Reporting Period Hole Category From (m) To (m) Core Length (m) True Thickness (m) Au (g/t) Top-Cappedat 20 g/tAu (g/t) AVA16020 Validation 15.00 22.00 7.00 4.00 1.12 84.00 89.00 5.00 3.00 1.35 132.00 135.00 3.00 1.80 2.13 AVA16023 Validation 33.00 54.35 21.35 17.00 1.18 60.00 64.00 4.00 3.20 12.62 6.44 AVA1...