| Announcement Date: | 2023-01-16 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Barsele Minerals Corp. |
| Project name: | Barsele |
| Location: | Sweden |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 11m at 1.78g/t Au, 0.00 from 169m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | January 16, 2023: Vancouver, BC, Barsele Minerals Corp. (TSX.V: BME) (the “Company” or “Barsele”) is pleased to provide an operational update regarding 2022 exploration activities within the Barsele Gold-VMS Project area in Västerbottens Län, Northern Sweden (the “Barsele Project”). The exploration program is being operated by joint venture partner Agnico Eagle Mines Limited – (TSX, NYSE: AEM) (“Agnico Eagle”). Ownership in the Barsele Project is 55% Agnico Eagle and 45% Barsele. Agnico Eagle can earn an additional 15% in the Barsele Project through the completion of a pre-feasibility study. There is no cash outlay requirement by Barsele until a pre-feasibility study is completed. |
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