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Drilling at Barsele intercepts 93.0 meters grading 1.31 g/t gold, including 25.7 meters grading 2.17 g/t gold
VANCOUVER, July 14, 2016 /CNW/ - Barsele Minerals Corp. – (TSX-V: BME) ("Barsele") is pleased to provide a third operational progress update for the current exp
About this update from Goldsky Resources Corp.
[{"type":"text","content":"VANCOUVER, July 14, 2016 /CNW/ - Barsele Minerals Corp. – (TSX-V: BME) (\"Barsele\") is pleased to provide a third 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. Phase-2 drilling commenced with one drill on April 29th. A second drill was placed in operation on June 7th. Currently the two drills are in the Avan (Au) and Norra (VMS) area, testing IP and MT anomalies identified in the Titan-24 geophysical survey. The anomalies being tested have similar characteristics to the Central (Au) Zone. During May 2016, diamond drilling totalling 1,464.65 meters was completed, with accumulated meterage since January 2016 being 6,383.00 metres. Hole SKI 16006 was completed and the majority of hole SKI 16007 was drilled during the month of May. Highlights of the latest exploration drill results include 2 intercepts in the Skiråsen Zone, with hole SKI 16005 yielding 105 meters core length (estimated 78.80 meters true thickness) grading 1.25 g/t gold, plus hole SKI 16006 with 93 meters core length (estimated 69.80 meters true thickness) grading 1.31 g/t gold including, 25.70 meters core length (estimated 19.30 meters true thickness) grading 2.17 g/t gold. These drill intercepts are located roughly 850 meters southeast of the core of the Central Zone. Drill hole SKI 16006 was drilled to a depth of 788.10 m and tested the SE down-dip extension of the Skiråsen Zone. The 69.8 m intercept extends the known Skiråsen mineralization by approximately 200 meters down plunge from the 78.8 m intercept in hole SKI 16005. Drill hole SKI 16007 was drilled to a depth of 882.10 m. This hole was designed to probe for mineralization 100-125 m below SKI 16006. Analytical results are pending. Ongoing Highlights of the Barsele 2015-2016 Drilling Program Barsele 2015-2016 Drilling Program (to May 29, 2016) Hole From (m) To (m) Core Length (m) True Thickness (m) Au (g/t) Top-Capped at 20 g/t Au (g/t) SKI 16002 414.00 419.00 5.00 3.80 3.15 3.15 515.00 531.00 16.00 12.00 1.10 1.10 SKI 16003 40.00 44.00 4.00 3.00 2.70...