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Bullboard - Stock Discussion Forum Pace Metals Ltd V.PACE

Alternate Symbol(s):  BGADF

Pace Metals Ltd., formerly Brigadier Gold Limited, is a mineral mining company operating in the industry of mineral exploration. The Company is engaged in the acquisition, exploration, and development of mineral properties with a primary focus on exploration of the Nemaska2 Lithium property, Quebec and the Killala Lake diamond property, Ontario. The Nemaska2 Lithium Property consists of over... see more

TSXV:PACE - Post Discussion

Pace Metals Ltd > Brigadier Gold shows Evidence of Solid Property Prospects
View:
Post by ToTheMoonTrader on Mar 12, 2021 11:59am

Brigadier Gold shows Evidence of Solid Property Prospects

Highlights: 

- Over $4 Million Funding in Place already

- Well Positioned Precious Metals Explorer with Very Experienced Management.

- Promising Properties Under Development in Canada and Mexico.

- Drill Program is Fully Funded with $4.2 Million Raised Since June, 2020.

- Recent Settlement Resulting in $100K of Indebtedness Retirement.

- Latest Drilling and Surface Sampling Results Indicate Primary Vein System Contains Over 7 Kilometres of Robust Mineralization in Gold & Silver.

Brigadier Gold Limited was formed to leverage the next major bull market in the natural resource sector, particularly precious metals. The BGADF company mandate is to acquire undervalued and overlooked mining projects with demonstrable potential for advancement. Led by a management team with over 100 years of collective experience in mineral exploration and capital markets development, BGADF is focused on advanced exploration opportunities in politically stable jurisdictions with current operations in Mexico and Canada.

Brigadier Gold is currently focused on a first-ever diamond drill program on its 100% controlled Picachos project in mineral rich Mexico, targeting mineralized veins underneath and surrounding the historical high grade San Agustin gold mine located on the property. The BGADF diamond drill program, led by veteran geologist Michelle Robinson, is fully funded with $4.2 million raised since June of 2020.

The Brigadier Gold Picachos land package was methodically assembled by Michelle Robinson (MASc, PEng, geologist, 43-101 QP) over 10 years ago. Ms. Robinson has worked in Mexico for over 20 years with a number of major mining companies. She has authored over 20 technical reports and published several papers for the Society of Economic Geologists. Ms. Robinson and her team are executing on the company’s 5,000-metre diamond drill program -- the first ever on this project.

- Brigadier Gold Adding Second Drill Rig for Commencement of Phase Two Diamond Drilling at Picachos High Grade Gold-Silver Property

On February 19th Brigadier Gold announced its planned addition of a second drill rig in connection with commencement of phase-2 diamond drilling at its Picachos gold-silver project, Sinaloa Mexico. BGADF also intends to complete a private placement for gross proceeds of up to $1,000,000.

The additional rig will help considerably in accelerating the company’s investigating of the many high priority existing and newly identified targets.

Phase-one exploration results at Picachos provided several highlights, including:

• Confirmed seven-kilometre long vein system of precious metals mineralization.

• Widely spaced holes show vein continuity on strike and at depth with robust width.

• High grade nature of precious metals mineralization consistently observed in assays.

• Confirmed meaningful gold/silver mineralization in hanging wall and footwall of vein systems.

• Discovered previously unexplored high-grade gold and silver historic workings.

• Multiple new surface and subsurface targets discovered during reconnaissance and mapping.

• Copper porphyry target sampling suggests high priority follow-up exploration.

Comment by fruiscante1 on Mar 12, 2021 1:59pm
Where is this information from? Can you please post a link?
Comment by lifegoeson on Mar 15, 2021 9:13am
ToTheMoonTrader, you have provided a good summary, but first they have to close the $1M PP at $0.20. Should be positive times ahead once they close this financing. 2nd drill going has me intrigued as to how they are accelerating exploration at Picachos.