TORONTO, ONTARIO--(Marketwire - Feb. 8, 2011) - Brigadier Gold Limited (TSX VENTURE:BRG) (FRANKFURT:B7LN) is pleased to announce results from its recently completed sampling program conducted on the Incamayo Gold Project in Northwest Argentina. Please click on these links to see the maps detailing the gold and silver values that were found.
Significant zones of mineralization were confirmed in the area of trenching and drilling previously explored by Mansfield Minerals. The areas in proximity to Mansfield's historic drill hole RCCG # 5, and the discovery hole RCCG # 7, a distance of some 500 metres to the northeast (see Mansfield Mineral's press release Nov 17/1997), were focal points for the sampling carried out.
Analytical results have been obtained from Acme Analytical Laboratories Ltd. for the 115 rock samples collected from trenches and outcrops during December 2010. The samples comprised grab samples collected from mineralized zones previously defined by Mansfield Minerals in 1995 and 1996 as well as grab samples collected from outside the mineralized zones.
A geological crew returned to the property in mid January 2010 to continue mapping, sampling and structural interpretations.
Of the 115 rock samples collected, 25 contain greater than 1.0 g/t (grams per tonne) gold and 15 samples with greater than 2.0 g/t gold, with a maximum value of 147 g/t. Thirty-seven of the samples contain greater than 10 ppm silver and, of these 8 contain greater than 100 ppm silver.
The majority of the samples were collected in known mineralized areas. These results have been verified by duplicate analysis and confirm previous results from within trenches and outside the trenched area of the property. Analyses also confirm the presence of significant values of tellurium, a metal in demand due to its use in solar panels. Metallic gold and silver analyses have been requested; the latter as high silver analyses do not correspond to high lead values and may indicate the presence of metallic silver.
The majority of the samples were collected in the area of drill holes RCCG 03, 04, 05 and 06. An analysis of the 1997 drilling program, carried out in 1998 by Archean Engineering international Ltd of Santiago, Chile, determined that those drill holes were oriented incorrectly to cut the mineralized zone, which was interpreted to dip to the northwest. Mapping in January has confirmed this interpretation.
It should be noted that in the area near drill hole RCCG 05–97, gold-silver mineralization differs markedly from the gold-copper mineralization intersected 500 metres to the northeast in hole RCCG 07, and also appears to differ significantly from the predominantly silver mineralization seen in trenches 500 metres to the southwest. These differing mineralization styles may indicate three different styles of mineralization on the property.
The most significant results are displayed in the table below.
Brigadier is presently finalizing a drill contract with a Salta based drilling company, with drilling to begin as soon as possible. The contract will cover the drilling of a minimum of 2000 metres, with the option to continue drilling if warranted. The initial drill targets are the areas relating to Mansfield holes RCCG #5 and RCCG # 7 and the area in between. Argali Geophysics is in the final stages of completing the IP survey begun in December. Data from the program to date has been forwarded to Fritz Geophysics of Fort Collins, Colorado for analysis. Some of the preliminary information from the IP survey has already been incorporated into drill site locations for the upcoming drill program. Please click on the following link for a map of proposed drill sites.
Samples collected in December were shipped by bonded courier to the facilities of Acme Analytical Laboratories Ltd in Mendoza, Argentina for preparation and analysis. The Acme Mendoza facility has ISO 9001:2008 certifications.
Exploration at Incamayo is being conducted by personnel of Brigadier Gold Limited and Discovery Consultants of Vernon, BC. Thomas H. Carpenter, PGeo, of Discovery is the QP responsible for the preparation of this release.
This press release may contain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein may be forward-looking information. Generally, forward-looking information may be identified by the use of forward-looking terminology such as "plans", " expects" or "does not expect", "proposed", "is expected", "budgets", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. This forward-looking information reflects the Company's current beliefs and is based on information currently available to the Company and on assumptions the Company believes are reasonable. These assumptions include, but are not limited to, the actual results of exploration projects being equivalent to or better than estimated results in technical reports or prior exploration results, and future costs and expenses being based on historical costs and expenses, adjusted for inflation. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: the early stage development of the Company and its projects; general business, economic, competitive, political and social uncertainties; commodity prices; the actual results of current exploration and development or operational activities; competition; changes in project parameters as plans continue to be refined; accidents and other risks inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting the Company; timing and availability of external financing on acceptable terms; conclusions of economic evaluations; and lack of qualified, skilled labour or loss of key individuals. Although the Company has attempted to identify important factors that that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
For further information, please visit our website at www.brigadiergold.com or see contact information.
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For more information, please contact
Brigadier Gold Limited
President & CEO
(905) 707-1520 (FAX)