 | | | Published : February 26th, 2018 | Barsele Announces an Updated Mineral Resource Estimate, with 1,427,000 Inferred Gold Ounces and 193,000 Indicated Gold Ounces. |
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| Barsele Announces an Updated Mineral Resource Estimate, with 1,427,000 Inferred Gold Ounces and 193,000 Indicated Gold Ounces. | |
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- The Mineral Resource Estimate is based on 100 percent underground extraction criteria
- Twelve percent of the ounces are classified as Indicated Resources
- Higher quality underground Mineral Resources at higher gold grades add confidence
VANCOUVER , Feb. 26, 2018 /CNW/ - Barsele Minerals Corp. – (TSX-V: BME) ("Barsele") is pleased to report that an independently verified mineral resource estimate has been completed for the purposes of the Company on the Barsele Gold Project in Västerbottens Län, northern Sweden (the "Barsele Project"). The study concludes that drilling to date along the Avan–Central–Skiråsen gold zones at a 1.75 g/t gold cut-off has outlined an Inferred Resource of 15,279,000 tonnes grading 2.91 g/t gold (1,427,000 ounces of contained gold) and an Indicated Resource of 2,399,000 tonnes grading 2.50 g/t gold (193,000 ounces of contained gold). | Inferred Mineral Resource Estimate
(Underground Resources) |
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| Indicated Mineral Resource Estimate (Underground Resources) |
| | Gold Cut-off
Grade (g/t) | Tonnage (metric) | Gold Grade
(g/t) | Contained
Ounces |
| Gold Cut-off
Grade (g/t) | Tonnage (metric) | Gold Grade (g/t) | Contained
Ounces | | 4.00 | 3,286,000 | 3.88 | 410,000 |
| 4.00 | 171,000 | 4.79 | 26,000 | | 3.00 | 4,180,000 | 4.74 | 637,000 |
| 3.00 | 420,000 | 4.09 | 55,000 | | 2.00 | 11,396,000 | 3.26 | 1,194,000 |
| 2.00 | 1,637,000 | 2.80 | 147,000 | | 1.90 | 12,766,000 | 3.12 | 1,280,000 |
| 1.90 | 1,910,000 | 2.68 | 164,000 | | 1.80 | 14,405,000 | 2.97 | 1,377,000 |
| 1.80 | 2,220,000 | 2.56 | 183,000 | | 1.75 | 15,279,000 | 2.91 | 1,427,000 |
| 1.75 | 2,399,000 | 2.50 | 193,000 | | 1.70 | 16,253,000 | 2.83 | 1,481,000 |
| 1.70 | 2,605,000 | 2.44 | 204,000 | | 1.60 | 18,389,000 | 2.70 | 1,594,000 |
| 1.60 | 3,097,000 | 2.31 | 231,000 | | 1.50 | 20,647,000 | 2.57 | 1,707,000 |
| 1.50 | 3,718,000 | 2.19 | 261,000 | | 1.40 | 23,136,000 | 2.45 | 1,823,000 |
| 1.40 | 4,510,000 | 2.06 | 298,000 | | 1.30 | 25,884,000 | 2.33 | 1,942,000 |
| 1.30 | 5,356,000 | 1.95 | 335,000 | | 1.20 | 28,862,000 | 2.22 | 2,062,000 |
| 1.20 | 6,336,000 | 1.84 | 374,000 |
View original content with multimedia: http://www.newswire.ca/en/releases/archive/February2018/26/c7358.html |
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