Brigadier Gold (BRG-TSXV) Samples Up to 147 g/t Gold and Over 100 g/t (100 ppm) Silver and Initiates Drill Program
February 08 2011 - 5:00PM
Marketwired
Brigadier Gold Limited (TSX VENTURE: BRG) (FRANKFURT: B7LN) is
pleased to announce results from its recently completed sampling
program conducted on the Incamayo Gold Project in Northwest
Argentina. Please click on these links to see the maps detailing
the gold and silver values that were found.
http://cnrp.marketwire.com/cnrp_files/20110208-brig_b1.pdf
http://cnrp.marketwire.com/cnrp_files/20110208-brig_b2.pdf
Significant zones of mineralization were confirmed in the area
of trenching and drilling previously explored by Mansfield
Minerals. The areas in proximity to Mansfield's historic drill hole
RCCG # 5, and the discovery hole RCCG # 7, a distance of some 500
metres to the northeast (see Mansfield Mineral's press release Nov
17/1997), were focal points for the sampling carried out.
Analytical results have been obtained from Acme Analytical
Laboratories Ltd. for the 115 rock samples collected from trenches
and outcrops during December 2010. The samples comprised grab
samples collected from mineralized zones previously defined by
Mansfield Minerals in 1995 and 1996 as well as grab samples
collected from outside the mineralized zones.
A geological crew returned to the property in mid January 2010
to continue mapping, sampling and structural interpretations.
Of the 115 rock samples collected, 25 contain greater than 1.0
g/t (grams per tonne) gold and 15 samples with greater than 2.0 g/t
gold, with a maximum value of 147 g/t. Thirty-seven of the samples
contain greater than 10 ppm silver and, of these 8 contain greater
than 100 ppm silver.
The majority of the samples were collected in known mineralized
areas. These results have been verified by duplicate analysis and
confirm previous results from within trenches and outside the
trenched area of the property. Analyses also confirm the presence
of significant values of tellurium, a metal in demand due to its
use in solar panels. Metallic gold and silver analyses have been
requested; the latter as high silver analyses do not correspond to
high lead values and may indicate the presence of metallic
silver.
The majority of the samples were collected in the area of drill
holes RCCG 03, 04, 05 and 06. An analysis of the 1997 drilling
program, carried out in 1998 by Archean Engineering international
Ltd of Santiago, Chile, determined that those drill holes were
oriented incorrectly to cut the mineralized zone, which was
interpreted to dip to the northwest. Mapping in January has
confirmed this interpretation.
It should be noted that in the area near drill hole RCCG 05-97,
gold-silver mineralization differs markedly from the gold-copper
mineralization intersected 500 metres to the northeast in hole RCCG
07, and also appears to differ significantly from the predominantly
silver mineralization seen in trenches 500 metres to the southwest.
These differing mineralization styles may indicate three different
styles of mineralization on the property.
The most significant results are displayed in the table
below.
http://cnrp.marketwire.com/cnrp_files/20110208-Brig_main.pdf
Brigadier is presently finalizing a drill contract with a Salta
based drilling company, with drilling to begin as soon as possible.
The contract will cover the drilling of a minimum of 2000 metres,
with the option to continue drilling if warranted. The initial
drill targets are the areas relating to Mansfield holes RCCG #5 and
RCCG # 7 and the area in between. Argali Geophysics is in the final
stages of completing the IP survey begun in December. Data from the
program to date has been forwarded to Fritz Geophysics of Fort
Collins, Colorado for analysis. Some of the preliminary information
from the IP survey has already been incorporated into drill site
locations for the upcoming drill program. Please click on the
following link for a map of proposed drill sites.
http://cnrp.marketwire.com/cnrp_files/20110208-brig_3.jpg
Samples collected in December were shipped by bonded courier to
the facilities of Acme Analytical Laboratories Ltd in Mendoza,
Argentina for preparation and analysis. The Acme Mendoza facility
has ISO 9001:2008 certifications.
Exploration at Incamayo is being conducted by personnel of
Brigadier Gold Limited and Discovery Consultants of Vernon, BC.
Thomas H. Carpenter, PGeo, of Discovery is the QP responsible for
the preparation of this release.
This press release may contain "forward-looking information"
within the meaning of applicable Canadian securities legislation.
All statements, other than statements of historical fact, included
herein may be forward-looking information. Generally,
forward-looking information may be identified by the use of
forward-looking terminology such as "plans", " expects" or "does
not expect", "proposed", "is expected", "budgets", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and
phrases, or by the use of words or phrases which state that certain
actions, events or results may, could, would, or might occur or be
achieved. This forward-looking information reflects the Company's
current beliefs and is based on information currently available to
the Company and on assumptions the Company believes are reasonable.
These assumptions include, but are not limited to, the actual
results of exploration projects being equivalent to or better than
estimated results in technical reports or prior exploration
results, and future costs and expenses being based on historical
costs and expenses, adjusted for inflation. Forward-looking
information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking information. Such risks and other factors may
include, but are not limited to: the early stage development of the
Company and its projects; general business, economic, competitive,
political and social uncertainties; commodity prices; the actual
results of current exploration and development or operational
activities; competition; changes in project parameters as plans
continue to be refined; accidents and other risks inherent in the
mining industry; lack of insurance; delay or failure to receive
board or regulatory approvals; changes in legislation, including
environmental legislation, affecting the Company; timing and
availability of external financing on acceptable terms; conclusions
of economic evaluations; and lack of qualified, skilled labour or
loss of key individuals. Although the Company has attempted to
identify important factors that that could cause actual results to
differ materially from those contained in forward-looking
information, there may be other factors that cause results not to
be as anticipated, estimated or intended. Accordingly, readers
should not place undue reliance on forward-looking information. The
Company does not undertake to update any forward-looking
information, except in accordance with applicable securities
laws.
For further information, please visit our website at
www.brigadiergold.com or see contact information.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
Contacts: Brigadier Gold Limited Grant Hall President & CEO
(416) 410-7956 (905) 707-1520 (FAX) info@brigadiergold.com
www.brigadiergold.com
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