| Barsele Project drill hole at the Skiråsen Zone yields 95.0 meters grading 1.63 g/t gold, including 30.0 meters grading 2.10 g/t gold. | |
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Recent drilling has expanded the Risberget gold-potential zone from 250 meters to 1,300 meters. - Drill results-related gap between Skiråsen and Risberget zones reduced to 2.4 km from 3.7 km.
- AVA17034 extends two lodes by 150 meters, with a highlight of 13.0 meters grading 2.44 g/t gold.
- CNT17030 cuts 6 mineralized zones, with a highlight hit of 12.0 meters grading 2.37 g/t gold.
- SKI17009 cuts 6 mineralized zones, with a highlight hit of 39.0 meters grading 2.02 g/t gold.
- SKI17011 cuts 7 mineralized zones, with a highlight hit of 49.0 meters grading 2.02 g/t gold.
- SKI17013 cuts 3 mineralized zones, with a highlight hit of 21.0 meters grading 2.73 g/t gold.
- RIS17009 cuts 3 mineralized zones with a highlight hit of 9.0 meters grading 1.69 g/t gold.
VANCOUVER , Jan. 18, 2018 /CNW/ - Barsele Minerals Corp. – (TSX-V: BME) ("Barsele") is pleased to report an operational update for the ongoing exploration program within the Barsele Gold-VMS Project area in Västerbottens Län, northern Sweden (the "Barsele Project"). The exploration program is being operated by joint venture partner Agnico Eagle Mines Limited – (TSX, NYSE: AEM) ("Agnico Eagle"). Ownership in the Barsele Project is 55% Agnico Eagle and 45% Barsele. Agnico Eagle can earn an additional 15% in the Barsele Project through the completion of a pre-feasibility study. There is no cash outlay by Barsele until pre-feasibility is completed. View original content with multimedia: http://www.newswire.ca/en/releases/archive/January2018/18/c5170.html |
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