UPDATE with Mike Bandrowski, President & CEO of Big Ridge Gold BRAU.V ALVLF
I catch up with Mike now that BRAU has released their first ever drill result from the HOPE BROOKE gold project (1 million oz) in NFL. Lots of news flow coming... "Today's drill results southwest and along strike of the Hope Brook open pit confirm near-surface mineralization remains open for potential resource growth, and the copper mineralization, that is being reported for the first time, illustrates the possibility of a by-product credit. The Phase I drill program is very exciting as 100% of our holes have intersected gold mineralization and two of those have intersected visible gold." Highlights: Drill hole HB-21-152 intersected 5.84 g/t Au over 14.8 m including 19.9 g/t Au over 3.4 m, Drill hole HB-21-142 intersected 5.58 g/t Au over 6.1 m including 25.2 g/t Au over 0.5 m and Drill hole HB-21-138 intersected 1.98 g/t Au over 23.1 m including 5.30 g/t Au over 5.89 m. Phase I drilling recommenced in January 2022 and approximately 11,400 m in 43 holes have been completed as of this press release. Drilling continues to extend gold mineralization outside the current resource shell that is based on a gold price of US$1,200 per ounce and 3.0 g/t Au cut-off grade. 100% of the drill results received to date have intersected gold mineralization. The Phase 1 drill program is expected to run until August 2022 and will focus on connecting the Main Zone and 240 Zone near surface and at depth respectively and testing the down dip extensions to both the Main and 240 Zones before moving to test the NE Extension. Big Ridge will continue to highlight copper mineralization from the Phase I drill program at Hope Brook as past exploration programs have not quantified or reported on this potentially economic mineralization." --- Send in a voice message: https://podcasters.spotify.com/pod/show/docjonesresourceinvestor/message