VANCOUVER, Aug. 17, 2017 /CNW/ - (TSX-V: BCK) – Blind
Creek Resources Ltd. ("Blind Creek" or the "Company") is
pleased to announce that an exploration program has commenced at
the Company's 100% owned and fully-permitted Engineer Gold Mine
Property, situated 32 kilometres southwest of Atlin, British Columbia. The Company has
commissioned Ms. Fionnuala Devine,
M.Sc., P.Geo. to oversee a geological mapping, sampling and soil
geochemical survey following up previous exploration results
immediately south of the Engineer Mine (proper) and on the Wann
River claims, 5 kilometres to the south.
BC Gold-Silver-Arsenic-Antimony Soil Anomaly at Engineer
Mine
A previous soil geochemical survey at Engineer Gold Mine defined
the "BC" anomaly, 500 metres east of the historic mine workings in
an area that has only seen limited modern exploration. The BC
anomaly is elevated in gold and silver with an outer halo of
elevated arsenic, antimony and molybdenum. All are elements
associated with Engineer-style gold mineralization within the
historic mine. (View Map)
The BC gold-silver anomaly represents the largest near-mine soil
geochemical anomaly defined to date at Engineer Mine. The BC
anomaly is 300 m long by 250 m wide and is near the projected
intersection of Shears "A" and "B", large second-order fault
structures known to host significant gold mineralization in
hydrothermal breccias within the mine workings. Past drilling
by BCGold Corp. and Erickson Gold Mining Corp. targeting bulk
tonnage gold in Shear "A", 200 metres north of the BC anomaly
returned gold grades averaging 0.44 g/t gold over 32.0 metres
(Drill Hole BCGE08-05) and 0.38 g/t gold over 23.6 metres (Drill
Hole DDH87-102), respectively.
The current soil sampling survey is designed to extend sampling
coverage southward, in attempt to determine the overall size of the
BC anomaly for subsequent trenching and diamond drilling.
Defining High-Grade Gold-Silver Structures on the Wann
Claims
Blind Creek's Wann claims straddle the Llewellyn Fault Zone, the
same system of northwest trending, steeply northeast dipping
structures and splays that host high grade and bulk tonnage gold
mineralization at the Engineer Gold Mine, situated 5 kilometres to
the north. Past exploration by Blind Creek at Wann River has
focused on a 160° trending, 800 metre long by 180 metre wide
corridor with quartz vein mineralization. Previously reported
assay results from grab samples from the area (J. Pautler, P.Geo.,
2010) include 263 g/t Au, 1350 g/t Ag, 2.75% Cu, 4.45% Pb and 1.36%
Zn hosted by quartz from tailings in the Lum trenches, and 15.9 g/t
Au, 440 g/t Ag, and 1.04% Pb from the Newfie, 17.2 g/t Au from the
Trail, including 32.9 g/t Au, 1180 g/t Ag and 3.35% Cu and 3.79% Pb
from float, and 126 g/t Ag from the River quartz vein showings.
Blind Creek is conducting a soil sample orientation survey
across the Wann mineralized corridor, similar to that previously
conducted at Engineer Mine, in attempt to determine the most
reliable method to trace high-grade gold and silver-bearing
mineralized structures. Positive results will be followed up
with mapping, sampling, trenching and diamond drilling in 2018.
Qualified Person
The 2017 Engineer Gold Mine soil sampling surveys are being
conducted by Decoors Mining Corp. of Atlin, British Columbia. The work program was
designed and is being supervised by Ms. Fionnuala Devine, MSc., P.Geo. of Merlin
Geoscience Inc. Ms. Devine is a Qualified Person as defined by
National Instrument 43-101 who has reviewed and approved the
technical contents of this news release.
Blind Creek Appoints Corporate Communications
Consultant
Blind Creek is also pleased to announce that it has retained
MarketSmart Communications Inc. (MarketSmart) to develop and
implement a strategic corporate communications program to increase
visibility and exposure for Blind Creek Resources among industry
stakeholders and investors across Canada. MarketSmart is a
Vancouver-based corporate
communications service that has been in business since 2002.
In connection with the engagement, MarketSmart has been awarded
a one-year consulting contract effective June 1, 2017. Pursuant to the terms of the
contract, MarketSmart will be paid a total sum of $56,000.
About Blind Creek Resources Ltd.
Blind Creek is a Vancouver-based junior resource company
focused on lead-zinc-silver and gold-silver project acquisition,
exploration and development in Yukon (Blende Property), Northwest Territories (AB Property) and
British Columbia (Engineer Gold
Mine). The Company's flagship property is the Blende Property in
north-central Yukon, one of the
largest undeveloped zinc-lead-silver deposits in Western
Canada. More recently the company has signed an agreement to
acquire a 100% interest in the AB Property (MV-Type Zinc-Lead) in
the Northwest Territories and
purchased the historic and fully-permitted Engineer Gold Mine,
situated 32 km southwest of Atlin,
B.C.
For additional information please visit the company website
www.blindcreekresources.com.
On behalf of the Board of Directors
Mr. Brian P. Fowler, P.Geo.
President
Tel: (604)
617-8191 .
Neither 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 release.
This news release contains certain forward looking statements
which involve known and unknown risks, delays, and uncertainties
not under the control of Blind Creek Resources Ltd. which may cause
actual results, performance or achievements of Blind Creek
Resources Ltd to be materially different from the results,
performance or expectation implied by these forward looking
statements. By their nature, forward looking statements involve
risk and uncertainties because they relate to events and depend on
factors that will or may occur in the future. Actual results may
vary depending upon exploration activities, industry production,
commodity demand and pricing, currency exchange rates, and, but not
limited to, general economic factors. 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
release.
SOURCE Blind Creek Resources Ltd.