Brigadier Gold (TSX VENTURE:BRG) Announces Significant Gold Assays Over 1.2 Square Kilometres
November 06 2012 - 8:01AM
Marketwired Canada
Brigadier Gold Limited (TSX VENTURE:BRG) (FRANKFURT:B7LN) is pleased to announce
the assay results of its recently completed due diligence sampling of the
Tsiquire Project, near Gorongosa, Mozambique.
(http://media3.marketwire.com/docs/1106brg1.pdf)
In total, 41 samples were collected in October of 2012, in addition to the
samples collected in June of 2012 during the initial property visit. The highest
gold values were 170.8 g/t, 86.5 g/t, 80.6 g/t, 69.3 g/t and 58.4 g/t gold.
The above samples were collected at the large widely separated artisanal
workings on the property. These workings, labelled the Group 1 to 5 Workings,
stretch in a northeasterly direction for nearly 1.5 kilometres and extend
laterally for 800 metres. The workings are large and extend some 20 to 25 metres
in depth. Some have a surface area of over 2000 square metres and have over 150
workers extracting gold. The geology within the workings is remarkably uniform
and comprises gently dipping, multiple, bedding-conformable quartz veins and
veinlets contained within largely decomposed meta-sedimentary rocks.
The sampled area comprises 1.2 square kilometres within the 25.6 square
kilometre Tsiquire Property. (Please see map at the end of this release)
-- The first area with strong sample results is Group 2, the
southwesternmost area on the Property (please see the sample map on our
website at: http://media3.marketwire.com/docs/1106brg1.pdf)
Samples from this area range from 0.05 g/t gold to 170.8 g/t gold, the
latter being identical to high-grade material collected from the Group 4
Workings 1.5 kilometres to the northeast.
-- Group 3 Workings are located approximately 300 metres to the northwest
of Group 2. Samples collected from the Group 3 Workings assayed from a
high of 80.6 g/t to a low of 0.36 g/t gold. Included here are samples of
58.4 g/t and 28.0 g/t gold.
-- Multiple highly anomalous grab and channel samples were collected from
the Group 1 and 5 Workings, located 250 and 600 metres to the northeast
of Group 2. The Group 1 Workings comprise the largest and most active
workings on the Property.
-- Two samples collected from poorly developed workings, located
approximately 250 metres to the east of the Group 5 Workings, contain
19.1 g/t and 13.1 g/t gold.
-- Group 4 Workings comprise the northeasternmost area visited and are
located approximately one kilometre northeast of the Group 5 Workings.
Samples here range from 86.5 g/t to a low of 0.01 g/t gold, with the
high-grade material identical to that seen in the Group 2 Workings.
Artisanal workers at the Group 4 Workings indicate that other workings
are located further to the east of Group 4. These were not located or
visited.
Please see the table located at the end of the news release for all the assay
results.
Sets of quartz veins and veinlets ranging in thickness from several millimetres
to 40 centimetres occur over thicknesses of up to 4 metres. These sets of quartz
veins and veinlets can occur at variable vertical intervals of between 6 and 15
metres, as observed to date, down the sedimentary succession. Higher grades
(multi-ounce) veins occur within the quartz sets and these have been the focus
of garimpeiro activity to date. Four of these high-grade veins have been sampled
by Brigadier at widely scattered localities on the Property. All show a
significant sulphide content and/or oxide content after sulphides, along with
multi-ounce silver grades.
The company believes that these extremely strong sample results combined with
the apparent surface expression of the mineralization make a compelling case for
further exploration. The weathered nature of the area would easily facilitate an
open pit type of mining operation. The company's further commitment to the
project's development by detailed exploration is necessary to verify the
project's vast potential.
Exploration at the Tsiquire Project 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. Mr. Carpenter is not
independent of Brigadier by virtue of being a holder of incentive stock options.
Samples collected by Mr. Carpenter during the June and October, 2012, site
visits were sealed and shipped via bonded courier to the facilities of Acme
Analytical in Vancouver, B.C., for analyses. Acme's quality control system
complies with International Standard ISO 9001:2000 requirements. Analytical
accuracy and precision are monitored by the analyses of reagent blanks,
reference materials and replicate samples. Quality control is further assured by
the use of international and in-house standards.
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.
Rock Sample Results:
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Sample ID Au g/t Ag g/t Pb ppm
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624866 0.0 0.00 8
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624867 0.7 0.02 96
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624868 1.1 0.02 83
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624869 170.82 96.50 greater than 10000
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624883 0.0 0.10 42
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624884 0.1 0.36 161
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624885 1.0 0.72 145
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624886 0.1 0.08 18
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624887 0.0 0.04 13
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624888 0.4 0.04 25
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624889 0.0 0.01 9
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624890 0.0 0.02 14
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624891 0.5 0.02 34
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624892 0.8 0.28 194
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624893 19.1 4.73 88
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624894 13.1 1.41 21
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624895 0.1 0.03 27
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624896 1.3 0.31 128
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624897 0.1 0.07 17
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624898 0.0 0.05 13
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624899 0.3 0.04 26
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624900 0.0 0.02 14
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624901 0.0 0.00 2
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624902 0.2 0.01 3
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624903 0.0 0.00 4
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624904 0.0 0.03 3
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624905 0.0 0.01 8
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624906 0.8 0.69 48
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624907 7.22 3.07 13
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624908 0.0 0.01 2
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624909 86.5 62.84 3639
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624910 69.3 100.00 greater than 10000
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624911 0.4 0.60 239
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624912 80.6 3.23 220
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624913 58.4 11.20 414
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624914 0.5 0.09 16
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624915 28.0 2.01 112
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FOR FURTHER INFORMATION PLEASE CONTACT:
Brigadier Gold Limited
Denis Hayes
President & CEO
1 (416) 410-7956
info@brigadiergold.com
www.brigadiergold.com
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