Announcement Date: 2022-07-26
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: BeMetals Corp.
Project name: Kato
Location: Japan
Commodities: Gold
Highlight: Drilling results incl. 11.5m @ 6.42g/t Au from 236.8m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia – BeMetals Corp. (TSXV: BMET, OTCQB: BMTLF, Frankfurt: 1OI.F) (the “Company” or “BeMetals”) is pleased to announce its first assay results for its ongoing diamond drilling program at the Kato Gold Project (“Kato” or the “Property”) in Hokkaido, Japan. BeMetals plans to complete at least 1,250 metres of additional drilling during this initial campaign and will release their assay results in the coming months. During a recent inspection of available drill core at the Kato Project, including hole KT22-11, Dr. Richard Sillitoe, a world-renowned economic geologist, also an expert on this style of epithermal gold deposits, concluded, “Nearpaleosurface and textural features would suggest that much of the historical drilling intersected the relatively shallow parts of the gold system and, based on similar epithermal deposits globally, downward vein extensions and grade continuity seem likely.” Wilton continued, “Given these new high-grade gold drilling results, integrated with the historical drilling data, and the evolving geological understanding of the property, we are increasingly excited by the potential to build a significant gold resource at the Kato Project.”
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