TORONTO, ONTARIO-(Oct. 16, 2008) -
Brigadier Gold Limited ("Brigadier")(TSX VENTURE:BRG) today announced the discovery of an extension at depth of the gold zone in the M-Island Zone of its Larder Lake Project located in Ontario's prolific Kirkland Lake-Larder Lake gold camp. The discovery zone lies beneath trenches in which visible gold was discovered in 2005.
The extension to the gold zone, which was first identified in holes MI-08-05 and hole MI-08-06 (see news release dated August 13, 2008), was intersected in Holes MI-08-08 and MI-08-09. Hole MI-08-09 returned grades up to 35.93 g/t gold over 1.5 metres as part of a 48.2 metre section grading 1.56 g/t from 196.7 metres to 244.9 metres. The 35.93 g/t assay represents an arithmetical average of the three highest separate assays (12.21 g/t, 11.76 g/t, 83.83 g/t) done by Laboratoire Expert Inc. of Rouyn-Noranda, Quebec on that 1.5 metre section. The various assays were widely variable indicating a probable nugget effect. Brigadier plans more sampling to determine how widespread the nugget effect may be.
"We are very impressed by the results of this year's drilling which has extended the gold mineralization to more than 200 metres vertical depth and intersected some of the highest grades to date, including visible gold below 200 metres vertical depth, in the M-Island Zone," said Herb Kokotow, President and CEO.. "These results highlight the tremendous exploration potential of the Larder Lake Project, and we are currently evaluating plans to follow up on these significant results."
Results have been received from holes MI-08-08 and MI-08-09. Of the holes, MI-08-09 returned the highest grade results. Hole MI-08-09 was oriented to cut mineralization below the surface trenches where visible gold was found on the west side of M-Island. The hole intersected numerous intervals of significant gold mineralization, including:
Hole MI-08-08 was drilled from the same location as hole MI-08-09 and angled north-westerly to test horizontal continuity of the vein system exposed by the trenches on the west side of the island. It tested down to about 150 metres vertically, passing south of the trenches, and cut a number of gold bearing zones, including:
Hole MI-08-07 was lost in overburden and not completed. All the above values were from alteration zones in feldspar porphyry with quartz veining. All intersections reported are core length and not true widths; true widths will be shorter in nearly all cases. All assays are uncut. Analyses were conducted by Laboratoire Expert Inc.
Exploration is supervised by L.G. Hobbs, P.Eng., Brigadier Gold's Project Geologist and a qualified person under National Instrument 43-101. Mr. Hobbs has reviewed and approved the contents of this news release.
This press release includes certain "Forward-Looking Statements." All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of Brigadier, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Brigadier's expectations are disclosed under the heading "Risk Factors" and elsewhere in Brigadier's documents filed from time-to-time with regulatory authorities.The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy or accuracy of this release.
CONTACT INFORMATION:Brigadier Gold Limited
Herb Kokotow
President & CEO
(416) 410-7956
Fax: (905) 707-1520
Website:
http://www.brigadiergold.com or
AGORACOM Investor Relations
Email:
BRG@Agoracom.comWebsite:
http://www.agoracom.com/ir/brigadier