VANCOUVER, Oct. 28, 2019 /CNW/ - Barrian Mining Corp. ("Barrian" or the "Company") (TSX-V: BARI, OTCQB: BARRF, FSE: BM5) is pleased to report analytical results for a third drill hole from the recently completed 1,838 metre reverse circulation (RC) drilling program at its flagship Bolo Gold-Silver Project. Hole BL19-01 represents one of the highest-grade gold intercept to date at Bolo, yielding 3.34 grams per tonne (g/t) gold over 29.0 metres, including a higher-grade zone of 4.97 g/t gold over 13.7 metres1. The intercept occurs within a broader envelope of mineralization averaging 1.37 g/t gold over 84 metres starting from surface1. These intercepts expand the footprint of gold mineralization approximately 35 metres vertically below the previous drilling on section. Mineralization remains open at depth (Figure 1).
Maximilian Sali, CEO and Co-Founder comments, "We are thrilled with the impressive drill results we continue to release at Bolo, which rank very favorably among all other publicly reported Nevada gold drill intercepts this year. The results demonstrate exceptional grade and width figures for Carlin-type oxide gold deposits in Nevada. Barrian's choice to focus on Nevada was due to its exceptional gold endowment combined with the generally low processing costs of heap-leachable Carlin-type oxide gold deposits. While Bolo is still an early-stage project, achieving one of the highest-grade intercepts to date with hole BL19-01 further reinforces our belief that there is excellent potential to significantly expand the known gold zones and make new discoveries. We continue to look forward to additional results from the South Mine Fault and the Uncle Sam silver gold prospects."
Table 1: Significant 2019 Bolo Gold-Silver Project RC Drilling Results to Date
| Hole ID
(dip/azimuth) | Released | Target | From
(m) | To
(m) | Interval
(m)1,2 | Au(g/t)
0.2 cut-off |
| BL19-01 (-65/270) | Current News Release | Down-dip extension of mineralization
in previous drill hole BL-39 | 0 | 83.8 | 83.8 | 1.37 |
| Including | One of the highest grade gold
intercepts to date at Bolo extends gold
mineralization 35 m vertically | 21.3 | 50.3 | 29.0 | 3.34 |
| and | 35.1 | 47.2 | 13.7 | 4.97 |
| BL19-02 (-65/270) | Barrian News Release
October 21, 2019 | Down-dip extension of mineralization in
historical hole BL-38; extends gold
mineralization 60 m vertically | 48.8 | 134.1 | 85.3 | 1.01 |
| including | 67.1 | 99.1 | 32.0 | 2.01 |
| BL19-04 (-55/270) | Barrian News Release
October 23, 2019 | Down-dip extension of mineralization in
historical hole BL-29 | 79.3 | 201.2 | 121.9 | 1.19 |
| including | Upper gold zone extends approximately
25-40 m vertically down from BL-29
with improvement in grade versus BL-29 | 80.8 | 117.4 | 36.6 | 2.10 |
| and | 96.0 | 111.3 | 15.2 | 3.25 |
| and | New Discovery deep gold zone
intersected 200 m below surface | 187.5 | 199.6 | 12.2 | 3.32 |
| |
| 1 The true width of mineralization in most drill holes is estimated to be approximately 60-70% of drilled width. |
| 2 The true width of the lower gold zone in BL19-04 is unknown. |
Hole BL19-01 (-65° dip / 270 azimuth) was drilled in the South Mine Fault Zone approximately 30 metres north of hole BL19-02 (see Barrian's news release dated October 21, 2019) and 90 metres north of hole BL19-04 (see Barrian's news release dated October 23, 2019) targeting the down-dip extension of previous intercepts drilled by Columbus Gold (later spun-out to Allegiant Gold Ltd.) from hole BL-39, comprising 1.62 g/t Au over 54.9 m, including 3.28 g/t Au over 15.2 m and 2.03 g/t Au over 7.6 m1. BL19-01 intersected Carlin-style oxide gold mineralization from surface and approximately 35 metres vertically below BL-39 within visibly altered (silicified and oxidized) jasperoids, siliceous siltstones and cherty limestones within the hanging wall Cambrian Windfall Formation. The intensity of alteration decreases after 60 metres down hole, but remains continuous to 91 metres. Weak alteration is observed locally past 90 metres into the footwall Silurian Roberts Mountain Formation dolomite.
Prior to BL19-01, the highest-grade intercept drilled at Bolo was from hole BL-38 (located 30 metres south-southwest of BL19-01), comprising 3.24 g/t gold over 30.5 metres, including 5.08 g/t gold over 12.2 metres1. The intercepts from both holes are near identical in width and grade, and both holes were drilled west (270 azimuth) at a -65° dip.
Barrian anticipates additional drill results over the coming weeks for the other seven (7) drill holes. The remaining unreported drill holes include significant mineralized intersections that will provide potential to expand the South Mine Fault Zone and Uncle Sam Zone. The drilled areas form part of a greater mineralized trend that extends for over 1.2 kilometres along strike. The 2019 Induced Polarization and Resistivity (IP/Res) ground geophysical program generated targets that correspond well with new results. The IP/Res anomalies indicate mineralized areas may extend to depth and along strike, providing additional growth potential across the Bolo Project area.
image: https://mma.prnewswire.com/media/1018027/Barrian_Mining_Corp__Barrian_Mining_Drills_One_of_the_Highest_gr.jpg
