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BCGold finds compelling drill target at Engineer

 

Last updated 1/15/2017 at Noon



BCGold Corp. Jan. 9 reported the discovery of a new gold-silver soil anomaly at its Engineer Mine property in northwestern British Columbia.

From 1910 to 1952, the historic Engineer Mine produced roughly 18,000 ounces of gold and 8,950 oz silver from 14,263 metric tons of ore averaging 39.4 grams per metric ton gold and 19.5 g/t silver.

The newly discovered BC anomaly was located in an area of limited exploration near the intersection of two shear zones about 500 meters southeast of the historic mine.

The 300- by 250-meter 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.

"The BC anomaly represents the largest near-mine gold-silver soil geochemical anomaly defined to date at Engineer Mine," explained BCGold President and CEO Brian Fowler.

"The dimensions, chemistry and intensity of this anomaly, along with its association with known mineralized shear zones, creates a compelling drill-ready exploration target." The company plans to further define the limits of the BC anomaly with additional soil sampling planned to be carried out before summer.

 

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