TORONTO, ONTARIO--(Marketwire - March 1, 2011) - Brigadier Gold Limited (TSX VENTURE:BRG) (FRANKFURT:B7LN) is pleased to announce that drilling has commenced on the Incamayo Project in Northwest Argentina. Falcon Drilling (Barbados) Succursal Argentina ("Falcon") has been contracted to diamond drill a minimum of 1600 meters and the mobilization of a diamond drill rig to the property has been completed and drilling began today, Tuesday, March 1, 2011.
The placement and intent of the drill locations is summarized below.
An initial two holes will test the northern end of known mineralization, with one hole twinning CG97-07, the best of 9 holes drilled on the property in 1997 by Mansfield Minerals, and the second hole to aid in defining parameters to this mineralization.
The 9 Mansfield drill holes were designed to test for economic grade mineralization below several well mineralized sections encountered in trenches excavated during the previous exploration season. CG97-07, the Mansfield "discovery hole", as reported in a Mansfield November 14, 1997 news release available on Sedar, "…. was a significant departure from the gold/silver mineralization observed in the trenches that contains comparatively high silver values with very low sulphides". It was also located 600 metres to the northeast of other mineralized holes.
Check sampling in December by Brigadier confirmed high gold and silver values in the Mansfield surface trenches, with values up to 147 grams per tonne gold and 690 grams per tonne silver with low sulphides.
The remaining drill holes will test mineralized zones to the southwest of the Mansfield discovery hole. As noted in Brigadier's February 8, 2011 news release, a review of the 1997 drill program determined that many of the drill holes were oriented incorrectly to test the mineralized zones exposed at surface.
The results of the IP survey recently completed by Argali Geophysica of Antofagasta, Chile on the Incamayo property, combined with an ongoing mapping program, will allow more accurate placement of drill holes to test the mineralized zones. Hole locations will be 'fine tuned' based on an interpretation of the IP results by Fritz Geophysics of Fort Collins, Colorado.
The ongoing mapping program has also identified additional mineralization at Incamayo, which results will also aid in defining drill hole locations.
Exploration at Incamayo is being conducted by personnel of 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", "goal" 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. 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 labor or loss of key individuals. Although the Company has attempted to identify important factors 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 more information, please contact
Brigadier Gold Limited
President & CEO
(905) 707-1520 (FAX)