Brigadier Intercepts 9.49 g/t Gold and 24 g/t Ag across 3 Metres at Picachos
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Brigadier Intercepts 9.49 g/t Gold and 24 g/t Ag across 3 Metres at Picachos

Tuesday, January 19, 2021 9:00 AM
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Company Update
Brigadier Gold Limited

Drilling and Surface Sampling Results Indicate Primary Vein System Contains Over 7 Kilometres of Robust Mineralization

Drill Assay Results from Other Previously Untested Prospective Zones Expected During January

VANCOUVER, BC / ACCESSWIRE / January 19, 2021 / Brigadier Gold Limited (the "Company" or "Brigadier") (TSXV:BRG)(FSE:B7LM)(OTC PINK:BGADF) is pleased to provide additional diamond drill and surface sampling results from ongoing phase one exploration at its Picachos gold-silver project, Sinaloa Mexico (the "Picachos Project" or the "Property"). Brigadier has completed 3085 metres of diamond drilling in 28 holes on the Picachos Project. Assays are now available for 20 holes (Table 1), and samples from the remaining holes are in-progress at SGS Laboratory in Durango.

Drilling highlights include:

  • 9.49 g/t Au and 24 g/t Ag across 3 m (88 to 91 m) in DH-BRG-008
  • 6.24 g/t Au and 79 g/t Ag across 3 m (122.5 to 125.5 m) in DH-BRG-009
  • 7.03 g/t Au and 110 g/t Ag across 3.5 m (137.5 to 141 m) in DH-BRG-012
  • 6.75 g/t Au and 44 g/t Ag across 2.5 m (108.5 to 111 m) in DH-BRG-014

Geologist and Qualified Person Michelle Robinson comments "I am really pleased with our results so far from San Agustín. The structure is persistent and strongly mineralized. Although our sampling with a diamond drill is not perfect due to the challenging sub-surface conditions, it definitely indicates a robust gold-bearing vein of substantial width and strike length of over seven kilometers. I look forward to expanding the depth and strike length in 2021, as well as continuing the exploration of the rest of the CVS (Colomeca Vein System), particularly in the central Cocolmeca area where a swarm of northwesterly trending veins intersects the east-north-easterly trending Cocolmeca Vein System."

Ranjeet Sundher, President and CEO, also comments "We are impressed with the speed in which Michelle and her team is de-risking the Picachos Project and increasingly demonstrating its regional scale potential. With just a small portion of the asset explored to date, I'm looking forward to keeping shareholders abreast as we aggressively move forward to further define the Colomeca Vein System while also commencing examination of the large copper-molybdenum porphyry target located on the northern part of the Property."

Of the 28 holes drilled to date, fourteen (1704.28 metres) were drilled to test the San Agustín Vein, 10 holes (1029 metres) tested surface exploration targets defined by trenching, 2 holes (168.5 metres) tested under the historic San Antoñio Mine and one hole tested under the historic La Gloria Mine. San Agustín and San Antoñio represent two gold-rich, polymetallic mineral chutes about 2.5 kilometres apart on Brigadier's regional-scale Cocolmeca Vein System (CVS), and La Gloria historically produced gold from a northwesterly trending vein roughly orthogonal to the CVS. The CVS has been defined at varying levels of certainty along the east-northeasterly trending diagonal of the Picachos Project for more than seven kilometres. Six surface rock chip-channel results that help define the location of the CVS include:

  1. 4.89 g/t Au and 67 g/t Ag across 5 metres (trench BRG-104705) from San Agustín (PR dated 24 November 2020)
  2. 1.85 g/t Au and 4 g/t Ag across 10 metres (trench BRG-120920) at Los Tejones prospect pits, centered 1 kilometre northeast of San Agustín
  3. 347 g/t Ag, 0.1 g/t Au and 5.2% Cu across 1.0 metres (historic trench MTA-15953) at Guayabo, 2.4 kilometres northeast of San Agustín
  4. 44.09 g/t Au and 47 g/t Ag across 0.8 metres (historic trench MTA-19856) at San Antoñio, 2.5 kilometres northeast of San Agustín
  5. 5.25 g/t Au and 74 g/t Ag across 1.2 metres (trench BRG-27012) from the road to La Botica, 3.7 kilometres from San Agustín
  6. 1.9 g/t Au and 98 g/t Ag across 1.6 metres (trench BRG-25220) from El Pino, 5.8 kilometres northeast of San Agustín (PR dated 14 September 2020)

Figure 1. Overview map of surface results 1 to 6 (above) on the surface trace of the CVS, highlighted in yellow. Locations of 2020 diamond drill sites are marked in black circles labeled DH. Holes 26 and 27 are below trench site 4 (MTA-19856). The Picachos Project boundary is in navy blue. The internal concession that is held by a subsidiary of Fresñillo PLC is marked in grey. The yellow CVS dips northwesterly, into the center of the Property.

During the Fall of 2020, the Company primarily explored the down-dip potential of the southwestern most segment of the CVS that was historically exploited by Minas de Picacho from San Agustín Adit Level 646 in the 1990's. Three fences of holes were drilled up to 130 metres north of this adit, and three fences were drilled up to 90 metres south of Level 646. Overall, a strike length of about 210 metres was tested. Most mineral intercepts were located between 650 and 550 metres elevation. The deepest test was in DH-BRG-007 at 530 m elevation or 200 metres below topography.

Geologically, the mineralization is located at the faulted and sheared contact between metamorphosed, thickly laminated, sulfide-rich argillite of deep marine origin and porphyritic intermediate continental volcanic rocks correlated to the Tarahumara Formation. Fault damage on this regional-scale geological terrane boundary is profound with shearing and quartz veining evident at several locations in the hanging wall to the San Agustín Vein. On Figure 3, a preliminary interpretation of what this veining might look like is shown in the rose color in the Picachos Project fault block. Some results from quartz veins and veinlets in the hanging wall to the San Agustín Vein are:

  • 2.71 g/t Au and 24 g/t Ag across 2 m (54 to 56 m) in DH-BRG-003
  • 0.6 g/t Au and 34 g/t Ag across 2 m (52 to 54 m) in DH-BRG-005
  • 0.73 g/t Au and 27 g/t Ag across 4 m (51 to 55 m) in DH-BRG-014

Figure 2. Long section of the San Agustín Vein, looking west northwesterly, showing principal results from diamond drilling, underground and surface sampling completed by the Company in the fall of 2020. This section displays data from 12.5 meters in front of and behind the plane of the page.

Figure 3. Level Plan of the San Agustín Vein. All 14 diamond drill holes intercepted gold-rich polymetallic mineralization at the faulted contact between metamorphic argillite of submarine origin (blue) and altered continental volcanic rocks correlated to the Tarahumara Formation (greens). In the hanging wall (Picachos Project fault block), there are several quartz veins and veinlets hosted in the argillite. In rose, a possible interpretation for some of the hanging wall intercepts is shown.

At Los Tejones, encouraging results of 1.85 g/t Au were cut across 10 meters in a surface trench (BRG-120920). About 50 meters to the northeast, a second trench cut 1 meter of 428 g/t Ag (BRG-119913). Rock discovered by both trenches was deeply weathered and structures controlling the mineralization were mostly not obvious. Drill testing under these anomalies returned anomalous base metals but subdued precious metals (DH-BRG-015 to 20). Geologically, disseminated and stockwork mineralization occurs at the faulted contact between magnetic andesitic volcanics that might be Jurassic in age, and intermediate volcanic rocks correlated to the Tarahumara Formation.

Results from other surface trenches include:

  • 2.09 g/t Au and 170 g/t Ag across 1.2 m from the Casimiro Vein (BRG-27024)
  • 8.84 g/t Au, 36 g/t Ag and 1.6% Pb across 2 m from El Roque Vein (BRG-120828)
  • 5.25 g/t Au, 74 g/t Ag and 1.7% Cu across 1.2 m from La Cocolmeca Vein (BRG-27012)

Table 1. List of results from drill holes and trenches completed by the Company in the fall of 2020.

 

From (m)

To (m)

Core or Trench Width (m)

Estimated True Width (m)

Gold (g/t)

Silver (g/t)

Copper (ppm)

Lead (ppm)

Zinc (ppm)

Area

Drill Hole

                   

DH-BRG-001

43

44

1

unk

0.61

25

166

387

598

 

DH-BRG-001

75

82

7

5.2

7.45

51

321

1896

3373

San Agustín

including

75.5

78

2.5

1.9

20.58

68

648

4682

7853

 

including

76

77

1

0.8

45.63

82

1436

9866

16800

 

DH-BRG-002

46

47

1

unk

1.33

22

112

212

572

 

DH-BRG-002

93

97.5

4.5

3.4

2.89

50

288

1350

1274

San Agustín

including

93

95

2

1.5

6.12

52

363

1977

1133

 

DH-BRG-003

54

56

2

unk

2.71

24

162

589

875

 

DH-BRG-003

66

68

2

unk

0.16

27

158

469

1176

 

DH-BRG-003

78.5

79

0.5

unk

0.19

20

290

753

495

 

DH-BRG-003

123

125.5

2.5

1.5

0.24

24

181

858

741

San Agustín

DH-BRG-004

40

41

1

unk

0.80

24

126

440

1753

 

DH-BRG-004

63

74.5

11.5

9

1.04

44

182

720

1576

San Agustín

including

63.5

64.5

1

0.8

9.63

89

405

1567

3770

 

DH-BRG-005

52

54

2

unk

0.60

34

269

605

2492

 

DH-BRG-005

65

66

1

unk

4.87

17

145

364

572

 

DH-BRG-005

102.5

107.5

5

4

1.95

52

374

1543

2109

San Agustín

including

103.5

104.5

1

0.8

7.67

69

1141

4474

5718

 

DH-BRG-006

93

94

1

unk

0.75

56

188

268

293

 

DH-BRG-006

102.5

112

9.5

7.3

0.48

19

315

835

1891

San Agustín

including

102.5

103

0.5

0.4

4.87

11

534

3415

2755

 

DH-BRG-007

137.5

140.5

3

1.6

1.40

20

532

1755

2987

San Agustín

including

138

138.5

0.5

0.3

7.58

22

184

837

1059

 

DH-BRG-008

84

99

15

11

2.94

16

246

809

1650

San Agustín

including

88

91

3

2.2

9.49

24

535

1684

3199

 

DH-BRG-009

122.5

137

14.5

5

1.55

18

1306

2260

2531

San Agustín

including

122.5

125.5

3

1.1

6.24

79

5863

9534

9428

 

DH-BRG-010

81.5

86

4.5

3.3

1.20

14

340

1124

1825

San Agustín

including

82

84.5

2.5

1.9

1.99

17

433

1295

2732

 

DH-BRG-011

120.5

133.5

13

7

0.59

15

298

1096

1895

San Agustín

including

121

122

1

0.6

1.83

33

777

2732

5903

 

including

128.5

130

1.5

0.9

2.22

17

583

1805

3279

 

DH-BRG-012

137.5

146

8.5

6

3.05

52

1464

10071

18529

San Agustín

including

137.5

141

3.5

3.1

7.03

110

3263

22352

42177

 

DH-BRG-013

26

27

1

unk

0.71

22

103

146

581

 

DH-BRG-013

53

60

7

4.9

1.93

36

140

424

973

San Agustín

including

57

60

3

2.1

6.07

85

352

1140

2618

 

DH-BRG-014

51

55

4

unk

0.73

27

82

341

1398

 

DH-BRG-014

77.5

78

0.5

unk

1.34

5

102

44

104

 

DH-BRG-014

85

85.5

0.5

unk

0.44

22

129

360

1031

 

DH-BRG-014

108.5

128

19.5

11.5

1.35

26

203

577

1226

San Agustín

including

108.5

111

2.5

2.1

6.75

44

265

1184

2923

 

DH-BRG-015

79

80.5

1.5

unk

0.09

12

1217

6221

5359

Los Tejones

DH-BRG-016

121

122

1

unk

0.01

5

299

2593

3977

Los Tejones

DH-BRG-017

110

120

10

unk

0.33

1

48

386

849

Los Tejones

DH-BRG-018

88

89

1

unk

0.42

1

61

1026

1077

Los Tejones

DH-BRG-019

39

45

6

unk

0.34

1

29

24

61

Los Tejones

DH-BRG-020

55

73

18

unk

0.01

1

40

853

1266

Los Tejones

                     

Trench

                   

BRG-93958

3

10

7

7

0.39

53

167

608

963

San Agustín Surface

BRG-120604

0

1.5

1.5

1.5

7.53

113

306

1262

3005

San Agustín (Mojonera 20 m depth)

including

0.7

0.9

0.2

0.2

39.37

125

744

3561

7509

 

BRG-120601

0

1.55

1.55

1.55

15.49

109

546

2016

4906

San Agustín (Mojonera 23 m depth)

including

0.5

0.85

0.35

0.35

66.36

99

1670

6744

11000

 

BRG-27010

0

0.6

0.6

0.6

45.85

187

1608

11822

12465

San Agustín (Mojonera 20 m depth)

including

0

0.1

0.1

0.1

2.82

536

5412

47700

32800

 

including

0.1

0.6

0.5

0.5

54.46

117

847

4646

8398

 

BRG-120613

0

2

2

2

4.11

39

284

1655

2733

San Agustín Carrito

including

0

1

1

1

8.02

63

446

3025

4680

 

BRG-93976

31

32

1

1

3.21

184

134

1626

23800

San Agustín Surface

BRG-104705

0

5

5

5

4.89

67

1265

3926

6125

San Agustín Surface (Don Genardo Trench)

including

1

2

1

1

9.85

44

834

2392

5594

 

BRG-119913

18

39

21

unk

0.09

36

323

401

877

Los Tejones

including

19

20

1

unk

0.12

428

116

843

895

 

BRG-120920

31

65

34

unk

0.65

3

280

291

711

Los Tejones

including

37

47

10

unk

1.85

4

316

211

525

 

including

43

44

1

unk

6.45

6

185

105

397

 

BRG-120910

5

9

4

unk

0.90

10

927

569

1678

Los Tejones

BRG-120755

0

4.4

4.4

4.4

0.20

23

2534

5829

567

Los Tejones

BRG-119749

11

32

21

unk

0.02

1

101

183

516

Los Tejones

BRG-119836

0

21

21

unk

0.08

4

788

1854

305

Los Tejones

including

0

6

6

unk

0.24

9

2011

6003

344

 

BRG-122536

0

16

16

unk

1.10

6

227

2346

683

Roque

including

6

8

2

unk

8.84

36

897

16000

1479

 

BRG-122536

319

341

22

unk

DL

1

83

486

947

 

BRG-120796

0

6

6

3

0.47

33

1096

3651

1448

Casimiro

including

3

4

1

0.5

2.17

137

3751

17600

2031

 

BRG-27024

0

1.2

1.2

1.2

2.09

170

6668

14300

3375

Casimiro

BRG-120841

0

12

12

unk

0.32

48

5294

190

259

Mochomos

including

9

11

2

unk

1.47

166

15000

434

427

 

BRG-120828

0

4

4

4

1.20

4

780

2408

2006

Roque?

including

0

1

1

1

3.50

10

371

5806

506

 

BRG-27012

1

2.2

1.2

1.2

5.25

74

17000

458

5983

La Cocolmeca

BRG-122694

192

274

82

unk

DL

8

183

210

148

 

including

250

252

2

1.8

0.25

265

1978

7105

692

Casimiro

BRG-122871

0

133

133

unk

0.10

1

82

364

383

 

including

6

8

2

unk

1.34

1

87.4

151

239

 

including

36

38

2

unk

1.24

2

141

1858

359

Roque?

including

72

86

14

unk

0.28

1

114

912

846

 


The Picachos Project land package was methodically assembled by Michelle Robinson (MASc., P.Eng., Geologist, 43-101 QP) over 10 years ago. Michelle is a respected industry veteran who 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. Michelle and her team are executing on our 5,000-metre diamond drill program - the first ever on this project

The Picachos Project's location, situated 25 kilometres equidistant from two recent bonanza grade discoveries of Vizsla Resources and GR Silver and along the same mineralized trend, positions Picachos Project as a truly exciting opportunity for Brigadier and our shareholders.

The 3,954 hectare Picachos Project is centered over the historic "Viva Zapata" National Mineral Reserve, Sinaloa, Mexico. It overlaps two mineralized systems, a porphyry copper-molybdenum system hosted by a Paleocene granite-granodiorite intrusive complex, and a gold-silver vein complex comprised of both east-northeasterly trending veins (La Cocolmeca Vein System) and northwesterly trending veins (El Placer System). Sericitic alteration related to the porphyry system has been mapped over the northwestern two-thirds of the Property. Quartz-biotite veinlets with chalcopyrite and bornite occur in the central part of this broad zone of sericitic alteration and imply the presence of a significant porphyry system at depth. La Colcomeca Vein system has been mapped from San Agustín Underground Gold Mine in the southwestern part of the Property to El Pino seven kilometres to the northeast. In the central part of the Property, the best exposure of the northwesterly trending system occurs between La Gloria Underground Gold Mine and the Urrea Gold Mines, located 630 metres southwest of La Gloria. In this area, other northwesterly trending veins between these veins include Paldodismo, Colorin, Salvador, Trompetas and Mangos. On the eastern part of the Property, Tatemales and La Botica define a four kilometre long trend.

The growing inventory of priority drill targets underscore the untapped potential of this particular region of Sierra Madre Occidental epithermal belt.

Please visit our website to learn more about Brigadier Gold.

National Instrument 43-101 Disclosure
The technical information in this press release has been reviewed by Michelle Robinson, MASc., P.Eng., a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Core and sample handling procedures are documented in the Company's press release dated October 21, 2020. Standard pulps, field duplicates, pulp duplicates and blanks are inserted into the sample stream. The samples were analyzed by SGS Laboratories in Durango using fire-assay methods for gold, and ICP methods with a 4-acid digestion for silver and base metals. SGS is an accredited laboratory. It is the QP's opinion that the technical information disclosed in this press release is reliable.

About Brigadier Gold Limited
Brigadier was formed to leverage the next major bull market in the natural resource sector, particularly precious metals. Our mandate is to acquire undervalued and overlooked projects with demonstrable potential for advancement.

Led by a management team with decades of experience in mineral exploration and capital markets development, we are focused on advanced exploration opportunities in politically stable jurisdictions.

For further information, please contact:
Brigadier Gold Limited
www.brigadiergold.ca
Ranjeet Sundher, Chief Executive Officer
[email protected]
Leah Hodges, Corporate Secretary
(604) 377-0403

Reader Advisory
This news release may contain statements which constitute "forward-looking information", including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company's future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Brigadier Gold Limited

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