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Drilling at Barsele Intercepts 112 Metres Grading 2.01 g/t Gold
VANCOUVER, Feb. 29, 2016 /CNW/ - Barsele Minerals Corp. – (TSX-V: BME) ("Barsele") is pleased to report an operational progress update for the current explorati
About this update from Goldsky Resources Corp.
[{"type":"text","content":"VANCOUVER, Feb. 29, 2016 /CNW/ - Barsele Minerals Corp. – (TSX-V: BME) (\"Barsele\") is pleased to report an 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. Diamond drilling has been conducted primarily in the mid to eastern Central Zone around the existing gold resource area and to the east-southeast along the trend of the Skiråsen Zone to the boundary of the Exploitation Concession. The Exploration Concessions extend a further 7 km to the southeast. Of the 12,000 metres drilled to date, 8,385 metres in 15 holes were drilled by December 31st, 2015 and 3,615 metres in 9 holes were completed by February 15th, 2016. In total, 10,800 samples have been submitted for analyses and, by mid February, 6,550 sample results have been received. Gold assay values exceeding 20 g/t are top-capped at 20 g/t. A highlight of this phase of exploration is an intercept in the Skiråsen Zone, hole CNT15016, of 112 metres core length (estimated 84 metres true thickness) grading 2.01 g/t gold. This hole is located 650 metres southeast of the Central Zone. Highlights of the Barsele 2015-2016 Drilling Program Barsele 2015-2016 Drilling Program (to February 15, 2016) Hole From (m) To (m) Core Length (m) True Thickness (m) Au (g/t) Top-Cappedat 20 g/tAu (g/t) CNT15001 Assays Pending for Hole CNT15001 CNT15002 334.00 346.00 12.00 9.00 2.81 2.64 363.00 402.00 39.00 29.30 1.65 1.65 CNT15003 218.00 243.00 25.00 18.80 2.09 1.95 373.00 403.00 30.00 22.50 1.20 1.20 CNT15004 291.00 379.00 88.00 66.00 1.00 1.00 CNT15005 31.00 32.30 1.30 1.00 79.00 9.15 172.50 201.00 28.50 21.40 1.27 1.27 CNT15006 209.00 274.00 65.00 48.80 0.95 0.95 303.20 321.00 17.90 13.40 1.64 1.64 338.10 355.00 16.90 12.70 0.75 0.75 CNT15007 313.00 324.00 11....