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Barsele Minerals Corp BRSLF


Primary Symbol: V.BME

Barsele Minerals Corp. is a Canadian junior mineral exploration company. Its main property is the Barsele Gold Project (the Project), a joint venture with Agnico Eagle Mines Limited. The Project is situated in the mining region of Vasterbottens Lan, Northern Sweden, 600 km north of Stockholm and covers 33,500 hectares in the Fennoscandian Shield. The Project is located on the western end of the Proterozoic Skellefte Trend, a volcanogenic massive sulphide deposits belt. Both polymetallic VMS deposits and intrusive hosted Orogenic gold deposits are present on this property. Its total mineral claim holdings are over 47,000 hectares. The Project consists of one block of 23 granted exploration permits and two exploitation concessions. It also operates Swedish projects that are located in the Gold Line Mineral Belt and Skelleftea Belt of north-central Sweden and the Mjasa-Vanern Belt in the southwest. In Finland, it holds the Oijarvi Greenstone Belt located in the north of the country.


TSXV:BME - Post by User

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Post by tigris72pooon Jul 26, 2017 6:58pm
166 Views
Post# 26513782

AEM 2Q release

AEM 2Q releaseBarsele Project Exploration Ongoing to Extend Known Mineralized Zones On June 11, 2015, Agnico Eagle acquired a 55% interest in the Barsele project in Sweden. The Company can earn an additional 15% interest in the project through the completion of a pre-feasibility study. The Barsele property is known to contain intrusive-hosted gold mineralization (the Central, Avan and Skirsen zones), which appears to be similar to the Goldex deposit. The property also hosts gold-rich polymetallic volcanogenic massive sulphide (VMS) mineralization (the Norra Zone). In 2016, Agnico Eagle completed an initial mineral resource estimate for the Barsele project that outlined total inferred mineral resources (on a 100% basis) of 1.2 million ounces (21.7 million tonnes grading 1.72 g/t gold). In 2017, the $8.8 million exploration drill program is focused on expanding the mineral resources along strike and at depth, and testing the gap between the Central and Avan zones. Drilling at Barsele during the first half of 2017 totaled 24,777 metres (46 holes).
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