Vancouver, British Columbia–(Newsfile Corp. – August 13, 2020) – Brigadier Gold Limited (TSXV: BRG) (FSE: B7LM) (the “Company” or “Brigadier“) is pleased to announce preparations are underway for the first ever diamond drill campaign at the Company’s recently acquired 3,954 hectare Picachos Gold-Silver Property (“Picachos“), centered over the historic “Viva Zapata” National Mineral Reserve, Sinaloa, Mexico. Drilling is expected to commence in September and is planned for a minimum 5000 metres (m) in approximately 40 holes targeting four high-grade gold-silver veins.
Drill Targets:
- San Agustin mine: underground channel sampling by prior operator returned average grade of 81.22 grams per ton (g/t) gold (Au) and 73.36 g/t silver (Ag) across 1.2 m (Thunderbird Projects news release dated 18 June 1997). Values of 185 g/t Au were cut across the bottom of a production shaft (sample HBM-73175).
- Mochomos vein: historic rock chip-channel sample 26409 yielded a result of 18.5 g/t Au and 570 g/t Ag across approximately 0.5 m.
- Los Tejones vein with values of 28.6 g/t Au, and 114 g/t Ag across approximately a meter (historic rock chip-channel sample 17873).
- Fermin vein with values of 268 ppm Ag and 0.3 g/t Au across 1 m.
Ranjeet Sundher, CEO, remarks, “Brigadier’s multi-talented team has been able to identify and complete the Picachos acquisition, close $4.2 million in financings and initiate exploration on this compelling gold-silver target all within a 4-week period. We are fortunate that Brigadier’s core leadership now includes our partner Michelle Robinson who together with her team, residing in Sinaloa, are intimately familiar with Picachos, the local community, and how to shape a sustainable and beneficial presence in the region.”
The Company’s focus is proving the potential for high-grade gold-silver veins that will likely be developed using underground mining methods. The center of the 2020 exploration campaign will be the past-producing San Agustín Mine which has exploited one of the ore chutes of the major east-northeasterly trending Cocolmeca Vein System (introduced in Company press-release dated 6 July 2020). In detail, the Cocolmeca Vein system is comprised of several sub-parallel veins over a 1.5 kilometer wide zone marked in blue on the map, below. San Agustín is the best understood of these veins, mainly because it has been historically exposed underground by approximately 670 line meters of tunnels, stopes and shafts. Geologically, it appears to be disrupted by the NW trending Genardo Fault. On the northeast side of the fault, the Tejones veins might correlate to San Agustín. Collectively, this first round of drilling is designed to test approximately 1 kilometer of vein strike between the past-producing San Agustín Mine and the Tejones Prospects.
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