Website, Video & News Saw Santa Fe recently put a website up with video footage of the Sully presentation last month. https://santafemetals.com/ Feels like to me things are gearing up here shortly.
SFM also announced the sale of its Mexican property, a little bit of cash coming their way never hurts.
BRIGADIER GOLD LIMITED SIGNS THE DEFINITIVE AGREEMENT WITH SANTA FE METALS TO ACQUIRE THE CUATRO CIENEGAS MINERAL PROPERTY IN MEXICO
Brigadier Gold Ltd. has signed a definitive agreement with Santa Fe Metals Corp. that sets out the terms and conditions under which Brigadier will acquire a 100-per-cent undivided right, title and interest in the Cuatro Cienegas mineral property in Mexico.
Brigadier will pay an aggregate of $882,514 over a 42-month period, of which $625,000 will be paid by the issue of treasury shares having that value on the market as they are issued over that period. Brigadier has the option to accelerate these payments in order to acquire the property in a shorter span of time. The agreement is subject to TSX Venture Exchange approval.
The property consists of six concessions totalling 3,408 hectares, located about two hours northeast of the city of Torreon, in the state of Coahuila, on Highway 30 and about 40 kilometres south of the town of Cuatro Cienegas.
The Cuatro Cienegas Property hosts numerous deposits of Cu-Ag (+/- Pb-Zn) mineralization. These Cu-Ag and Pb-Zn deposits are dominantly stratabound and include thicker mantos, together with occasional, often higher-grade, localized vein/pipe deposits. Mineralization ranges from 2 to 16 metres in thickness and occurs at the contact between the San Marcos and Cupido Formations, over a 17 km distance in the cliffs of the Sierra San Marcos y Pinos.
In 2011, Compania Minera Coronado S.A. de C.V., a subsidiary of Santa Fe Metals, submitted an EIA for a high grade copper heap leach operation on the Property. This application was approved (MDA, www.sedar.com, March 31, 2011) and is valid for 15 years.
Sample results from some of the numerous showings and artisanal workings on the Property include:
El Pilon with grades to 4.34% Cu and 123.5 g/t Ag (Santa Fe, 2011); Tajo Zanja with reported grades of 2.1 to 5.3% Cu and 19 to 135 g/t Ag; San Marcos West with reported grades of 0.73% Cu and 75 g/t Ag (Stratabound, 1998), and 35.2% Cu, 1.5 to 15.35% Pb, 0.3 to 2.87% Zn and 286 g/t Ag (Santa Fe, 2008).
La Cuchilla has reported calculated weighted average grades of 1.22% Cu, 152 g/t Ag, 4.16% Pb and 0.47% Zn (Coronado, 2011) and Pilar Grande, developed on several mining levels, has reported grades increasing with depth from 0.84% Cu and 89 g/t Ag on Level 1 to 3.30% Cu and 118g/t Ag at depth on Level 4 (Coronado, 2011).
These results were obtained by qualified personnel during the preparation of an NI 43-101 report and can be considered accurate. This report on the Cuatro Cienegas property was written by Dahrouge Geological Consulting Ltd. and dated December 11, 2013. It is being filed on www.sedar.com, January 8, 2014, with this press release.
Thomas H. Carpenter, B.Sc., P.Geo., of Discovery Consultants of Vernon, B.C., and a qualified person as defined by NI 43-101, has supervised the preparation of the scientific and technical information that forms the basis for this news release. Mr. Carpenter is not independent of Brigadier by virtue of being a holder of incentive stock options.
Brigadier will be holding its Annual and Special Meeting of Shareholders on March 31, 2014.