As of the date of this news release, there are
five drills coring at the project site.
Operational Update for the Barsele Au-VMS
Project
VANCOUVER, Sept. 19, 2017 /CNW/ - Barsele Minerals
Corp. – (TSX-V: BME) ("Barsele") is pleased to
report a fourteenth operational progress update for the ongoing
exploration program within the Barsele Au-VMS Project area in
Västerbottens Län, northern Sweden. The exploration program is being
operated by joint venture partner Agnico Eagle Mines Limited
– (TSX, NYSE: AEM) ("Agnico Eagle"). Ownership in the
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.
During the months of May through August, between two and five
diamond drilling machines were focused along the Central and Avan
zones, as well as regional drilling of gold targets and selected
volcanogenic massive sulphide (VMS) targets. Base of till (BOT)
testing is ongoing.
Recent drill results through the end of July include highlight
infill hole CNT17012 that yielded 19.75 meters core length
(estimated 14.5 meters true thickness) grading 5.07 g/t gold uncut
(3.49 g/t gold cut) at a midpoint depth of 265 meters below
surface. Expansion hole AVA17010 yielded 7.0 meters core length
(estimated 3.7 meters true thickness) grading 9.70 g/t gold uncut
(9.47 g/t gold cut) at a midpoint depth of 320 meters below
surface. This hole indicates that the system is still open to the
northwest. Infill hole CNT17011 yielded two significant intercepts,
including 9.0 meters core length (estimated 6.7 meters true
thickness) grading 4.15 g/t gold uncut (3.80 g/t gold cut) at a
midpoint depth of 160 meters below surface and 19.0 meters core
length estimated 14.3 meters true thickness grading 2.73 g/t gold
at a midpoint depth of 200 meters below surface.
Seventeen holes are reported in this news release of which five
were expansion and ten were infill, with two being regional tests
of VMS targets. As of August
31st, 78,085 meters of core has been collected
from a total of 175 core holes, since the initiation of drilling in
late 2015.
Barsele's President, Gary Cope
states, "Expansion and infill drilling continue to yield
positive results in the Central and Avan gold zones. At Central,
surface trenching in preparation for detailed structural mapping,
rock chemistry and grade determination has resumed. Regarding
massive sulphide exploration, a combination of drill core-focused
lithogeochemical sampling, multi-element metal analysis, downhole
geophysics and basal till/bedrock analysis has outlined favourable
areas for future drill testing."
June-July 2017
Drilling Update
|
Hole
ID
|
Easting
|
Northing
|
Az
|
Dip
|
DDH
Length
|
From
(m)
|
To
(m)
|
CL
(m)
|
TL
(m)
|
Au
(g/t)
|
Top
Cut
(g/t)
|
AVA17005
|
617368.100
|
7215621.69
|
38
|
-58
|
345.40
|
215.00
|
224.00
|
9.0
|
4.90
|
0.80
|
|
Infill
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AVA17006
|
617621.446
|
7215672.65
|
220
|
-45
|
260.10
|
|
|
|
|
|
|
Infill
|
No Significant
Intersections
|
|
|
|
|
|
|
|
|
|
|
|
|
AVA17007
|
617348.696
|
7215727.88
|
219
|
-45
|
626.10
|
9.00
|
15.00
|
6.00
|
4.40
|
0.74
|
|
Expansion
|
|
|
|
|
|
152.00
|
157.00
|
5.00
|
3.60
|
1.09
|
|
|
|
|
|
|
|
611.00
|
613.20
|
2.20
|
1.80
|
5.33
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AVA17008
|
617571.705
|
7215520.92
|
41
|
-45
|
200.7
|
14.45
|
17.00
|
2.55
|
1.80
|
1.16
|
|
Expansion
|
|
|
|
|
|
119.00
|
124.00
|
5.00
|
3.40
|
2.04
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AVA17009
|
617569.703
|
7215518.57
|
221
|
-62
|
704.55
|
284.00
|
299.00
|
15.00
|
8.10
|
2.17
|
|
Infill
|
|
|
|
|
|
306.00
|
312.00
|
6.00
|
3.20
|
1.12
|
|
0.76% Pb
|
0.80% Zn
|
56.14 g/t
Ag
|
|
|
|
333.00
|
336.00
|
3.00
|
1.60
|
2.63
|
|
|
|
|
|
|
|
356.00
|
367.00
|
11.00
|
5.90
|
1.53
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AVA17010
|
617348.909
|
7215728.14
|
218
|
-56
|
740.70
|
13.00
|
19.00
|
6.00
|
3.40
|
2.05
|
|
Expansion
|
|
|
|
|
|
306.00
|
314.00
|
8.00
|
4.10
|
1.90
|
|
|
|
|
|
|
|
371.00
|
378.00
|
7.00
|
3.70
|
9.70
|
9.47
|
|
|
|
|
|
|
|
|
|
|
|
|
AVA17011
|
617539.547
|
7215482.27
|
217
|
-56
|
467.20
|
107.00
|
115.00
|
8.00
|
4.70
|
0.82
|
|
Infill
|
|
|
|
|
|
210.00
|
218.00
|
8.00
|
4.90
|
2.29
|
|
|
|
|
|
|
|
376.00
|
383.00
|
7.00
|
4.80
|
1.88
|
|
|
|
|
|
|
|
391.00
|
402.00
|
11.00
|
7.60
|
1.13
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AVA17012
|
617443.492
|
7215692.28
|
221
|
-58
|
850.30
|
51.00
|
55.00
|
4.00
|
2.10
|
1.11
|
|
Infill
|
|
|
|
|
|
175.00
|
179.00
|
4.00
|
2.20
|
2.78
|
|
|
|
|
|
|
|
291.00
|
308.00
|
17.00
|
9.20
|
0.83
|
|
Additional assays
pending
|
|
|
|
|
|
|
|
|
|
|
|
|
CNT17008
|
618409.62
|
7215187.64
|
218
|
-54
|
600.95
|
343.00
|
351.25
|
8.25
|
5.10
|
2.11
|
|
Infill
|
|
|
|
|
|
402.00
|
412.00
|
10.00
|
6.20
|
1.25
|
|
|
|
|
|
|
|
446.00
|
455.00
|
9.00
|
5.60
|
1.05
|
|
|
|
|
|
|
|
463.00
|
473.00
|
10.00
|
6.30
|
0.82
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNT17009
|
618493.83
|
7214977.82
|
41
|
-60
|
385.00
|
24.00
|
35.40
|
11.40
|
5.90
|
1.45
|
|
Infill
|
|
|
|
|
|
58.00
|
67.00
|
9.00
|
4.70
|
1.63
|
|
|
|
|
|
|
|
212.00
|
220.00
|
8.00
|
4.20
|
1.50
|
|
|
|
|
|
|
|
234.00
|
240.00
|
6.00
|
3.10
|
2.59
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNT17010
|
618409.84
|
7215187.88
|
220
|
-74
|
776.60
|
171.00
|
182.00
|
11.00
|
3.40
|
1.11
|
|
Expansion
|
|
|
|
|
|
355.00
|
361.00
|
6.00
|
1.80
|
1.44
|
|
|
|
|
|
|
|
373.00
|
379.00
|
6.00
|
1.80
|
1.48
|
|
|
|
|
|
|
|
406.00
|
428.00
|
22.00
|
6.5
|
1.42
|
|
|
|
|
|
|
|
601.00
|
612.00
|
11.00
|
3.5
|
1.03
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNT17011
|
618587.909
|
7214823.832
|
40
|
-45
|
436.10
|
219.00
|
226.00
|
7.00
|
5.20
|
2.33
|
|
Infill
|
|
|
|
|
|
234.00
|
243.00
|
9.00
|
6.70
|
4.15
|
3.80
|
|
|
|
|
|
|
285.00
|
304.00
|
19.00
|
14.3
|
2.73
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNT17012
|
618495.81
|
7214691.80
|
40
|
-50
|
625.90
|
94.00
|
102.00
|
8.00
|
5.40
|
1.27
|
|
Infill
|
|
|
|
|
|
301.00
|
311.00
|
10.00
|
7.3
|
1.22
|
|
|
|
|
|
|
|
362.00
|
381.75
|
19.75
|
14.5
|
5.07
|
3.49
|
|
|
|
|
|
|
439.00
|
442.00
|
3.00
|
2.20
|
2.11
|
|
|
|
|
|
|
|
489.00
|
497.00
|
8.00
|
6.00
|
2.10
|
|
|
|
|
|
|
|
515.50
|
534.00
|
18.50
|
13.9
|
1.96
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNT17013
|
618457.14
|
7215134.383
|
220
|
-58
|
575.7
|
70.80
|
75.00
|
4.20
|
2.3
|
2.64
|
|
Infill
|
|
|
|
|
|
132.00
|
137.00
|
5.00
|
2.8
|
0.95
|
|
|
|
|
|
|
|
335.00
|
340.00
|
5.00
|
2.8
|
1.59
|
|
|
|
|
|
|
|
377.00
|
388.00
|
11.00
|
6.3
|
2.03
|
|
|
|
|
|
|
|
420.00
|
428.00
|
8.00
|
4.6
|
1.08
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNT17014
|
618495.57
|
7214691.57
|
41
|
-56
|
725.3
|
429.00
|
437.00
|
8.00
|
4.9
|
1.72
|
|
Expansion
|
|
|
|
|
|
559.00
|
568.00
|
9.00
|
5.8
|
2.73
|
|
|
|
|
|
|
|
575.00
|
581.00
|
6.00
|
3.8
|
2.54
|
|
|
|
|
|
|
|
588.00
|
594.00
|
6.00
|
3.9
|
2.37
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NOR17001
|
617617.07
|
7216574.93
|
225
|
-62
|
344.6
|
|
|
|
|
|
|
Regional
|
No Significant
Intersections
|
|
|
|
|
|
|
|
|
|
|
|
|
NOR17002
|
616924.97
|
7216990.90
|
177
|
-75
|
482.4
|
|
|
|
|
|
|
Regional
|
No Significant
Intersections
|
Az = Compass
Bearing Dip = Degrees
Inclination CL = Core
Length TL = True
Length Top Cut to 20 g/t
gold
|
This technical information in this release was verified by way
of a site visit in August of 2017 by the Qualified Person, where
the data was discussed with the site operator, the database was
reviewed, and drill core was examined. The quality control/quality
assurance program at the Barsele project is described on our
website at
http://barseleminerals.com/s/QAQCProcedures-Barsele.asp.
All samples referred to in this table were tested at independent
ALS Laboratories in Romania and
Ireland, using ultra trace level
method (ME-MS61)-48 element by using four acid digestion together
with ICP-AES and ICP-MS analytical methods. Gold is tested by fire
assay, aqua regia digest and analysed with an atomic absorption
spectroscopy (AAS) or gravimetric finish depending on grade
(Au-AA24 and Au-GRA22). Each method has a lower and upper
calibration range for which results are accurately determined.
As project operator, Agnico Eagle has developed a community
relations program to engage the various stakeholders in the project
area. Basic environmental assessment and surface water
characterization, species studies and hydrogeology studies are
ongoing.
About the Barsele Gold Project
The Barsele Project is located on the western end of the
Proterozoic "Skellefte Trend", a prolific volcanogenic massive
sulphide deposits belt, where it intersects with the "Gold Line" in
Northern Sweden. Both polymetallic
deposits and intrusive hosted orogenic gold deposits are present in
this region and on the property. Current and past producers in the
region include Boliden, Kristineberg, Bjorkdal, Svartliden and
Storliden.
The intrusive hosted gold mineralization within the Barsele
Property appears to be similar to Agnico Eagle's Goldex deposit in
Quebec. Drilling has been focused
on verifying, defining and expanding the mineral resources within
and along the Central, Avan and Skiråsen zones, that are now
interpreted to be part of the same mineralized system that extends
3.0 kilometers in strike length and to a depth of 700 meters and
still open in all directions. These contiguous mineralized zones
occur within a granodiorite host that ranges in width from 200 to
500 meters and is traceable over a strike length exceeding 8.0
kilometers. Gold is generally associated with arsenopyrite and low
base metal content, but also occurs locally as native metal.
Art Freeze, P.Geo. is the
Qualified Person as defined in NI 43-101 and takes responsibility
for the technical disclosure contained within this news
release.
About Barsele Minerals Corp.
Barsele is a Canadian-based junior exploration company comprised
of highly qualified mining professionals. Barsele's main property
is the Barsele Gold Project in Västerbottens Län, Sweden, a joint venture with Agnico Eagle. An
updated NI 43-101 Technical Report is expected to be released
toward the end of the first quarter of 2018.
ON BEHALF OF THE BOARD OF DIRECTORS
Gary Cope
President
This News Release may contain forward-looking
statements including but not limited to comments regarding the
timing and content of upcoming work programs, geological
interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future
events and conditions and therefore involve inherent risks and
uncertainties. Actual results may differ materially from those
currently anticipated in such statements and Barsele undertakes no
obligation to update such statements, except as required by
law.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release
SOURCE Barsele Minerals Corp.