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Barsele Project drill hole at the Skiråsen Zone yields 11.0 metres grading 4.18 g/t gold and drilling at the new Risberget Zone yields 16.0 metres grading 2.98 g/t gold
CNT17032 cut two mineralized zones, with a highlight of 7.0 metres grading 2.63 g/t gold. SKI17015 cut seven mineralized zones, including a final intercept at 6
About this update from Goldsky Resources Corp.
[{"type":"text","content":" CNT17032 cut two mineralized zones, with a highlight of 7.0 metres grading 2.63 g/t gold. SKI17015 cut seven mineralized zones, including a final intercept at 615 metres below surface. RIS17013 cut 5.0 metres grading 1.23 g/t gold, 209.0 g/t silver, 0.16% copper, 0.20% zinc. RIS17020 cut 61.0 metres grading 1.12 g/t gold including 16.0 metres grading 2.98 g/t gold. NOR17010 cut 18.65 metres grading trace gold, 2.94 g/t silver, 0.18% zinc. VANCOUVER, March 27, 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. Drilling was halted mid-December 2017, for the Christmas holidays. In January 2018, drilling resumed with two diamond drilling machines operational within the property. Twenty-three holes are reported in this news release of which one is expansion and two are infill, six are VMS related tests at Norra and fourteen are regional tests at Risberget. During 2017, 58,281 metres of core was collected from a total of 123 core holes. During January of 2018, two drills cored a total of 1,555.9 metres, with two drill holes completed and two ongoing at month end. Base of till testing is ongoing. At the Central Zone, hole CNT17032 cut two mineralized intervals, with a highlight hit of 7.0 metres core length (estimated 3.9 metres true thickness) grading 2.63 g/t gold at a midpoint depth of 370 metres below surface. At the Skiråsen Zone, highlight results include hole SKI17015 which cut seven mineralized zones with highlight hits of 11.0 metres core length (estimated 6.0 metres true thickness) grading 4.18 g/t gold at a midpoint depth of 520 metres below surface plus 22.0 metres core length (estimated 12.0 metres true thickness) grading 1.88 g/t gold at a midpoint depth of 565 metres below surface and 4.0 metres core length (estimated 2.2 meters true thick...