BRG Brigadier Gold Limited

 

 

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.

 

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