Brigadier Reports Balance of Phase-1 Drill Results from Picachos

Rhea-AI Summary

Brigadier Gold Limited (OTC PINK: BGADF) has announced further positive drill results from its Picachos gold-silver-copper project in Sinaloa, Mexico. Drill holes DH-BRG-044 to -050 revealed multiple gold-bearing shear zones, particularly in the El Placer Vein system. Significant highlights include 4.03 g/t Au over 0.5 m and a wider mineralized result of 0.41 g/t Au across 60.3 m from DH-BRG-047. Additionally, the completion of surface and underground sampling has led to a significant copper-silver discovery in the northwestern region. Further analytical results are pending due to reagent shortages.

Positive

• Multiple significant gold intercepts reported: 4.03 g/t Au over 0.5 m in DH-BRG-047.
• Wider mineralized intercept of 0.41 g/t Au across 60.3 m in DH-BRG-047.
• Completion of additional surface and underground sampling reveals a significant copper-silver discovery.
• New access roads and infrastructure improvements support ongoing exploration.

Negative

• Analytical results are pending for approximately 900 samples due to reagent shortages, delaying further assessments.

VANCOUVER, BC / ACCESSWIRE / July 6, 2021 / Brigadier Gold Limited (the "Company" or "Brigadier") (TSXV:BRG | FSE:B7LM | OTC PINK:BGADF) is pleased to announce further drill results from exploration of newly identified gold targets at its Picachos gold-silver-copper project Sinaloa, Mexico (the "Picachos Project", "Picachos" or the "Property").

Brigadier has received analytical results for diamond drill holes DH-BRG-044 to -050 from SGS Laboratory. Principal results are from 47, 48 and 49, a fence of holes drilled across the northwesterly trending El Placer Vein system (see table below).

In the winter of 2021, the Company completed underground sampling of several historic gold mines along the northwest part of El Placer.

Highlights from underground sampling obtained prior to diamond drilling include:

• 31.4 g/t Au, 11 g/t Ag, 0.2% Cu, 0.5% Pb and 2% Zn across 0.3 meters from Tacuachas Underground Level 1030 (BRG-25139)
• 2.14 g/t Au and 0.1% Pb across 8 m from a surface trench across Tacuachas Open Cut (BRG-117146)
• 7.43 g/t Au, 0.15% Pb, 0.23% Zn across 3.2 m from Lentes Underground Level 1024 (historic sample MCA-27431). This result includes 0.15 m of 40.63 g/t Au with 0.2% Pb and 0.2% Zn
• 4.64 g/t Au, 0.1% Pb and 0.1% Zn across 0.9 m from Corallio Underground Level 1035
• 38.88 g/t Au, 22 g/t Ag, 0.4% Cu, 1.7% Pb, 1.5% Zn and 538 ppm W (tungsten) across 0.5 meters in Chivera Underground Level 1177 (BRG-27106)
• 12.79 g/t Au, 8 g/t Ag, 0.1% Cu, 0.9% Pb, 0.9% Zn across 1 m in Los Huaraches Underground Level 1155 (BRG-25131). This includes 0.1 m of 117.45 g/t Au, 57 g/t Ag, 0.2% Cu, 3.2% Pb and 2.6% Zn

Host rocks to the mineralization are mainly rhyolitic ignimbrite. Regionally, these are pervasively silicified and brecciated within the El Placer Vein system. Microcrystalline quartz, epidote and base metal sulfides such as galena and sphalerite occur in the silicified matrix between rock fragments. Gold is concentrated in shear zones marked by argillic alteration with or without quartz veining.

DH-BRG-047 is completely mineralized and returned an overall result of 0.41 g/t Au with 0.2% Zn across 60.3 meters. From the geological model, it appears to have tested a series of shears in the hanging wall to La Botica represented by Tacuachas, Coralillo, Los Lentes and at least two newly defined structures in the footwall to Tacuachas. Notable individual results are 4.03 g/t Au, 4 g/t Ag, 0.2% Pb and 0.1% Zn across 0.5 m, correlated to the Corallio Vein and 1.49 g/t Au with 0.3% Zn across 1.8 m correlated to Los Lentes Vein.

The main results from DH-BRG-048 are in the top of the hole. The interval between 3 and 4 meters contains 6.89 g/t Au with 0.04% Cu, 0.1% Pb and 0.1% Zn and is correlated to the Tacuachas Vein. Between 14 and 18 meters an intercept of 1.85 g/t Au with 0.1% Pb and 0.1% Zn defines a new shear zone in the footwall to Tacuachas with a maximum value of 5.51 g/t Au across 1 m between 16 and 17 m.

DH-BRG-049 tested under Cerro La Chivera and returned an average result of 0.27 g/t Au with 0.01% Cu, 0.1% Pb and 0.2% Zn across the entire length of 123 m. Between 7 and 8 m, values of 2.85 g/t Au, 0.04% Cu, 0.1% Pb and 0.4% Zn correlate to the Tacuachas structure. La Botica, defined underground about 600 meters southeast of this drill hole, strikes through DH-BRG-049 between 40.5 and 56 meters downhole with a peak value of 1.08 g/t Au returned across 4 m between 52 and 56 m. Chivera is correlated to the interval between 77 and 95 meters with peak values of 1.1 g/t Au, 0.4% Pb and 1.7% Zn occur across 4 m between 77 and 81 m and 3.51 g/t Au and 0.1% Pb across 1 m between 92 and 93 m. Finally, Tatemales, historically exploited underground about 300 meters southeast of this drill hole fence, projects through DH-BRG-049 between 98 and 123 m.

Brigadier has cut a 69 meter long surface trench using the D6 along approximately the same line as DH-BRG-047. By using the bull dozer, a more accurate assessment of surface gold mineralization will be attained. This trench was sampled at 1 meter and 0.5 meter intervals using a chisel and hammer to channel across the rock (dry sampling). Results for the machine dug trench are pending.

Geological cross-section across Cerro La Chivera showing diamond drill holes DH-BRG-047 to -049 and a few of the underground samples within 5 meters of the plane of this cross-section. All the drill holes intercepted multiple gold-bearing shear zones.

In Q2 of 2021, Brigadier completed underground and surface trench sampling of La Gloria, El Salvador, El Cobre and Palodismo and made a significant copper-silver discovery in the porphyry area in the northwestern part of the Property. Analytical results are still pending for about 900 samples from these work areas. The laboratory developed a shortage of reagents in the spring and assaying is proceeding at a slower pace than usual. In May, the Company prepared the road to the campsite at La Flauta in the southeastern part of the Property and in June, Brigadier completed a new access road to the northwestern part of the Property, to better support exploration of the porphyry this fall. The Company installed a satellite camp at La Flauta in early June and started hand-trenching across selected locations of the El Placer Vein system within 1.5 km of the camp. Underground mapping and sampling of historic workings in the area is also in-progress. A route to copper-silver rich mineralization at Garabato has been surveyed and construction is in-progress.

Appendix

Drill hole results for gold, silver, copper, lead and zinc. Not enough is known about the mineralization to reliably estimate true widths. DL = at or near detection limit.

Drill Hole	From (m)	To (m)	Core Width (m)	Gold (g/t)	Silver (g/t)	Copper (ppm)	Lead (ppm)	Zinc (ppm)
DH-BRG-044	35	38	3	0.30	DL	80	283	418
DH-BRG-045	36.5	39	2.5	0.62	7	197	161	1140
DH-BRG-046	7.5	14	6.5	0.26	6	513	220	428
DH-BRG-046	35	36	1	0.55	8	78	134	146
DH-BRG-047	0	60.3	60.3	0.41	DL	115	596	1710
including	0	4.5	4.5	0.56	DL	321	1257	981
including	11.5	19	7.5	0.98	DL	136	739	1241
including	22	23	1	0.64	DL	258	1712	1502
Including	34	36	2	0.44	DL	65	493	1153
Including	39.5	42.5	3	1.27	15	142	1007	1364
And	41	41.5	0.5	4.03	4	347	1663	1331
Including	51.5	52.5	1	0.86	DL	28	110	979
Including	54	56.5	2.5	0.84	DL	49	366	2236
including	58.5	60.3	1.8	1.49	DL	55	375	3089
DH-BRG-048	0	113	113	0.19	DL	79	874	2197
including	3	4	1	6.89	DL	394	787	1268
including	14	18	4	1.85	DL	90	478	654
and	16	17	1	5.51	4	94	270	1035
including	27	28	1	0.71	DL	160	1118	1317
including	72	73	1	0.74	DL	42	229	236
DH-BRG-049	0	123	123	0.27	DL	137	1137	1991
including	7	8	1	2.85	DL	386	952	3076
including	14	17	3	0.57	DL	145	361	1297
including	40.5	49	8.5	0.40	DL	179	2271	698
including	52	56	4	1.08	DL	104	796	629
including	77	81	4	1.10	DL	28	3637	16630
including	89	95	6	0.82	DL	40	2534	5712
and	92	93	1	3.51	DL	44	1142	628
including	98	113	15	0.33	DL	382	1276	3168
DH-BRG-050	0	80	80	0.01	DL	80	127	226
Including	60	80	20	0.01	DL	142	272	340

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. Drilling was completed using PQ and HQ tooling. Core and sample handling procedures are documented in the Company's press release dated October 22, 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 Qualified Person's opinion that the technical information disclosed in this press release is reliable.

Please visit our website to learn more about Brigadier Gold.

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
Robert Birmingham, Chief Executive Officer
rob@brigadiergold.ca
(604) 424-8131

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

View source version on accesswire.com:
https://www.accesswire.com/654305/Brigadier-Reports-Balance-of-Phase-1-Drill-Results-from-Picachos

FAQ

What are the recent drill results for Brigadier Gold (BGADF)?

Brigadier Gold reported positive results from drill holes DH-BRG-044 to -050, revealing multiple gold-bearing shear zones, with highlights such as 4.03 g/t Au over 0.5 m in DH-BRG-047.

Where is Brigadier Gold's Picachos project located?

The Picachos gold-silver-copper project is located in Sinaloa, Mexico.

What significant findings were reported from the Picachos project?

Significant findings include multiple high-grade gold intercepts and a significant copper-silver discovery in the northwestern part of the Property.

What is causing the delay in analytical results for Brigadier Gold (BGADF)?

The delay in analytical results is due to a shortage of reagents at the laboratory.

What actions is Brigadier Gold taking to support exploration efforts?

Brigadier Gold is completing new access roads and installing a satellite camp to enhance exploration capabilities.