Brigadier Gold (BRG.V) has launched the ultimate batch of assay outcomes from its Part I drill program on the Picachos gold-silver mission in Mexico. The corporate accomplished in extra of 5,000 meters of drilling in 50 holes, and the Part I drill program was designed to observe up on a few of the high-priority drill targets (of which most have by no means been drill-tested prior to now). Eleven completely different prospects had been drilled with combined outcomes, which was to be anticipated from a primary go drill program.
The corporate appropriately highlights the 7 meters containing 7.45 g/t gold and 51 g/t silver in drill gap 1 and though the very best outcomes are hardly ever encountered within the first gap on the mission, this does appear to be the case at Picachos as the wonderful lead to gap one hasn’t been replicated but elsewhere on the property. The assay outcomes of the ultimate three holes of the Part One drill program nonetheless need to be obtained. These three holes totalled about 518 meters of drilling and had been designed as a fence throughout the El Placer Northe space.
In fact, exploration isn’t straightforward, and Brigadier Gold appears to be sufficiently inspired to proceed its exploration actions at Picachos (though no particulars had been supplied on the Part Two diamond drill program talked about in a February update). In its press launch, Brigadier Gold additionally appears to be hinting at going again to the copper porphyry target within the northwesternmost part of the property for a summer time mapping and sampling program.
Whereas the exploration outcomes of the Part One drill program at Picachos remained under expectations, the share worth is probably going additionally dealing with some strain from the house owners of the roughly 7 million warrants with an train worth of C$0.10 which can expire in about two weeks.
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