With
Copper Prices RECENTLY hitting all time highs this is HUGE news for
BGADF and its
shareholders!
Brigadier Makes Copper Discovery at Picachos
Exploration Continues on Gold-Silver targets Identified in Phase-1
Diamond Drilling
for BGADF
Vancouver,
British Columbia, Canada -- May 26, 2021 -- InvestorsHub NewsWire
-- via Corporateads.com -- Brigadier Gold Limited (the
"Company"
or "Brigadier")
(TSXV: BRG|FSE: B7LM|USA: BGADF) is pleased to announce the
discovery of bulk
tonnage type copper mineralization in trenching and further results
from exploration of newly identified gold targets at its Picachos
gold-silver-copper project Sinaloa, Mexico (the
"Picachos
Project",
"Picachos"
or the "Property").
Additional assays from
phase-1 diamond drilling are anticipated to be received in
June.
Pichachos,
located approximately four hours' drive from the city of
Mazatlan,
covers 3,954 hectares and overlaps one of the largest
high-amplitude contiguous anomalies for gold and
base metals in
the western Sierra Madre with values up to 6841 ppb Au in
fine-fraction, active channel stream sediments.
Rob
Birmingham, President and CEO, remarks, "We're proud of the team
effort put into acquiring, financing, and driving exploration
and development at
Picachos. Exploration and diamond drilling efforts led by head
geologist Michelle Robinson, have successfully identified an
extensive mineralized vein system and numerous targets for follow
up investigation, including a large, unexplored
copper porphyry
target situated in the northern part of the Property. We look
forward to implementing a cost-effective approach aimed at further
de-risking Picachos and building on the technical success achieved
to date."
Copper Discovery
BGADF
has
initiated
trenching across historic anomalies considered prospective for
bulk-tonnage style copper mineralization. Trench BRG-50250 was
located approximately 2 kilometres south of a trench cut by
Brigadier across several hundred metres of molybdenite in the
winter of
2020. The first 50 metres of BRG-50250 have been sampled and
analyzed using the field XRF and returned copper values between
0.05% and 1.34% and silver values between 20g/t and 284g/t. These
samples will be sent to the lab when the trench is
complete and
mineralized intervals formally reported after that.
La Gloria Gold Target
BGADF
has completed
mapping and sampling of the historic La Gloria underground gold
mine in the central part of its Picachos Project. In 2020,
Brigadier intercepted La Gloria in
DH-BRG-028 between 140 and 141 metres depth where a value of 6.26
g/t gold across 1 metre was returned. This intercept was 112
metres below the historic workings. In the plane of the vein, the
known underground workings are 60 to more than 130
metres below
topography. Collectively, diamond drilling and the underground
workings define the position of La Gloria Vein for more than 240
metres down-dip.
La Gloria
stope is accessed by a 105 metre long cross-cut at the 950 metre
elevation that trends easterly.
The cross-cut and drill hole locations are now tightly controlled
by a high-resolution airborne LiDAR survey recently
completed by Eagle Mapping. From the portal, La Gloria
cross-cut and stope was surveyed using a Brunton and tight
chain.
From
the mine portal to 71 metres, the host rocks consist of
intermediate volcanics
that are dark
grey-green and contain amygdules
that are
filled with quartz, chlorite and calcite. The stope was
mapped for approximately 35 metres northwest of the
cross-cut and 65 metres
to the southeast. La Gloria Vein strikes 155°-160° and dips
80°-65° southwesterly.
Samples were
cut every metre along the cross-cut to identify any metal bearing
veins or veinlets in the hanging wall to La Gloria and clean off
the dust for geological mapping. In the stope, the
historically worked faces form a honeycomb and samples were
cut across the
back or working faces where rock conditions were safe for sampling.
Fifteen sample lines of one to three samples each were collected
across the vein and these have been submitted today to SGS in
Durango for gold and base metal analyses.
Gold is apparent
in panned concentrates of several samples.
Drill Results Pending
Assays are
still pending for 518 metres of drilling completed in phase-one,
most of which is from a 3-hole fence drilled across El Placer
Norte where underground sampling returned grades
of up to 12.79 g/t across the Huarache Vein. Perhaps more
significantly, a surface trench across the El Placer trend returned
values of 0.5 g/t gold across 65 metres in BRG-117154. This
was followed by 8 metres of 2.14 g/t gold in adjacent
trench
BRG-117146.
National Instrument 43-101 Disclosure
The technical
information in this press release has been reviewed by Michelle
Robinson, MASc.,
P.Eng., a Qualified Person as defined by National Instrument 43-101
– Standards
of Disclosure for Mineral
Projects ("NI
43-101"). Drilling was
completed using PQ and HQ tooling. Core and sample handling
procedures are documented in the Company's press release dated
October 22, 2020. Standard pulps, field duplicates, pulp duplicates
and blanks are inserted into the
sample stream. The samples were analyzed by SGS Laboratories in
Durango using fire-assay methods for gold, and ICP methods with a
4-acid digestion for silver and base metals. SGS is an accredited
laboratory. It is the Qualified Person's opinion
that the
technical information disclosed in this press release is
reliable.
Please
visit our website to learn more about
Brigadier Gold.
About Brigadier Gold Limited
Brigadier was
formed to leverage the next major bull market in the natural
resource sector, particularly precious metals. Our mandate is to
acquire undervalued and overlooked projects with demonstrable
potential for advancement.
Led by a
management team with decades of experience in
mineral exploration and capital markets development, we are focused
on advanced exploration opportunities in politically stable
jurisdictions.
Precious
Metals and Minerals Properties Under Active
Development.
Diamond
Drill Program Fully Funded with $4.2 Million Raised.
Significant
Value Intercepts for Gold, Silver and Copper
Reported.
Closing of
$1,000,000 Non-Brokered Private Placement.
Debt
Settlement Completed, Retiring $100,000 of
Indebtedness.
Brigadier Gold
Limited (OTC: BGADF)
(TSXV: BRG)
(FSE: B7LM),
based in Vancouver, BC, was formed to leverage the next major bull
market in the natural resource sector, particularly precious
metals. The BGADF
company mandate
is to acquire undervalued and overlooked mining projects with
demonstrable potential for advancement. Led by a management team
with over 100 years of collective experience in mineral exploration
and capital markets development, BGADF
is focused on
advanced exploration opportunities in politically stable
jurisdictions with current operations in Mexico and
Canada.
BGADF
is currently
focused on a first-ever diamond drill program on its 100%
controlled Picachos project in mineral rich Mexico, targeting
mineralized veins underneath and surrounding the historical high
grade San Agustin gold mine located on the property. The
BGADF
diamond drill
program is fully funded with $4.2 million raised since June of
2020.
The
BGADF
Picachos land
package was methodically assembled by Michelle Robinson
(MASc, PEng, geologist, 43-101 QP)
over 10 years ago. Ms. Robinson has worked in Mexico for over 20
years with a number of major mining companies. She has authored
over 20 technical reports and published several papers for the
Society of Economic Geologists. Ms. Robinson and her team are
executing on the company's 5,000-metre diamond drill program -- the
first ever on this project.
BGADF
Intercepts 7.63 g/t
Gold, 11 g/t Silver and 0.26% Copper Across 0.5 Metres
at
Picachos, Surface Sampling Returns 12.79 g/t Gold and 8 g/t Silver
across 1 Metre from El Placer Norte
For further information,
please contact:
Brigadier Gold
Limited
www.brigadiergold.ca
Robert Birmingham, Chief
Executive Officer
rob@brigadiergold.ca
Leah Hodges, Corporate
Secretary
(604) 377-0403
Reader Advisory
This news
release may contain statements which constitute "forward-looking
information", including statements regarding the plans, intentions,
beliefs and current expectations of the Company, its directors, or
its officers with respect to the future business
activities of the Company. The words "may", "would", "could",
"will", "intend", "plan", "anticipate", "believe", "estimate",
"expect" and similar expressions, as they relate to the Company, or
its management, are intended to identify such
forward-looking
statements. Investors are cautioned that any such forward-looking
statements are not guarantees of future business activities and
involve risks and uncertainties, and that the Company's future
business activities may differ materially from those in the
forward-looking
statements as a result of various factors, including, but not
limited to, fluctuations in market prices, successes of the
operations of the Company, continued availability of capital and
financing and general economic, market or business
conditions.
There can be no assurances that such information will prove
accurate and, therefore, readers are advised to rely on their own
evaluation of such uncertainties. The Company does not assume any
obligation to update any forward-looking information
except as
required under the applicable securities laws.
Neither
the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or
accuracy of this release.
DISCLAIMER:
FrontPageStocks/CorporateAds.com
(CA), the Source is a third-party publisher. FPS/CA has been
compensated $1000 by the company for dissemination of this
Article. https://corporateads.com/disclaimer/
Disclaimer/Safe
Harbor:
These news
releases and postings may contain forward-looking
statements within the meaning of the Securities Litigation Reform
Act. The statements reflect the Company's current views with
respect to future events that involve risks and uncertainties.
Among others, these risks include the expectation that any
of the
companies mentioned herein will achieve significant sales, the
failure to meet schedule or performance requirements of the
companies' contracts, the companies' liquidity position, the
companies' ability to obtain new contracts, the emergence of
competitors with
greater financial resources and the impact of competitive pricing.
In the light of these uncertainties, the forward-looking events
referred to in this release might not occur.
SOURCE: Corporateads.com
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