Announcement Date: 2022-04-26
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Big Ridge Gold Corp.
Project name: Hope Brook
Location: Canada
Commodities: Gold,Copper
Highlight: Drilling results incl. 33.0m @ 1.09g/t Au, 0.07% Cu from 110.7m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, Ontario, April 26, 2022 – Big Ridge Gold Corp. (TSX-V: BRAU) (OTCQB: ALVLF) (“Big Ridge”) is pleased to announce additional diamond drill results from its 25,000-meter(“m”), Phase I exploration drill program at the past-producing Hope Brook Gold Project, located in southwestern Newfoundland and Labrador. The drill holes reported in this press release are from the final drill holes completed in 2021 as well as results from drill holes completed after the resumption of drilling in January 2022 that targeted the shallow southwestern extension of the Hope Brook Deposit. 100% of the drill results received to date have intersected gold mineralization. The Phase 1 drill program is expected to run until August 2022 and will focus on connecting the Main Zone and 240 Zone near surface and at depth respectively and testing the down dip extensions to both the Main and 240 Zones before moving to test the NE Extension. Results from the Phase I drill program continue to extend gold and copper mineralization to the southwest of the former producing Hope Brook open pit. The holes reported in the press release confirm nearsurface mineralization in an untested gap in the current resource envelope and show the deposit remains open to the southwest.
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