Braveheart Announces Final Results from Alpine Mine Drilling Program, Intersects 38.0 g/t Au over 1.4 m, Including 66.1 g/t Au over 0.8 m
Braveheart Announces Final Results from Alpine Mine
Drilling Program, Intersects 38.0 g/t Au over 1.4 m,
Including 66.1 g/t Au over 0.8 m
Toronto, Ontario--(Newsfile Corp. - November 15, 2017) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the
"Company") announces the final results from the recently completed 2017 diamond drilling program at the Alpine Mine property
near Nelson, BC (Alpine) with more than 1,600 meters drilled in 11 holes. Braveheart had reported the results from 10 holes, the
best assay coming from Hole AL17008 returning 33.6 g/t Au over 1.6m (including 66.1 g/t Au over 0.8m). Figure 1 in the
Appendix shows the drill hole locations; Figure 2 is a typical cross section of several of the drill holes intersecting the mineralized
vein structure.
Table 1 — 2017 Alpine Drill Hole Assays (Final, widths are true thickness)
Drill Hole ID
Interval (m)
Width (m)
Au (g/t)
Ag (g/t)
Weighted
Average
From
To
AL17001
99.6
100.4
0.8
3.9
1.4
AL17002
97.0
98.0
1.0
0.4
0.4
AL17003
90.0
90.5
0.5
0.1
1.4
AL17004
87.5
88.0
88.5
88.0
88.5
89.0
0.5
0.5
0.5
3.3
2.6
29.6
12.3
1.5
9.7
11.8
g/t Au over 1.5
metres
AL17005
125.5
126.2
126.2
126.7
0.7
0.5
0.8
0.4
0.5
18.1
AL17006
125.2
125.7
0.5
0.6
1.1
AL17007
140.7
141.4
142.0
142.6
143.1
141.4
142.0
142.6
143.1
143.6
0.7
0.6
0.6
0.5
0.5
0.8
0.1
33.5
0.3
2.0
0.3
0.4
11.7
0.4
1.1
19.1
g/t Au over 1.7
metres
AL17008
126.8
127.4
127.4
128.2
0.6
0.8
0.6
66.1
2.1
95.4
38.0 g/t Au over 1.4
metres
AL17009
150.9
151.5
0.5
0.0
0.9
AL17011
134.7
135.3
0.5
0.1
0.6
AL17012
145.0
146.0
1.0
0.3
0.2
Phil Keele, Braveheart President and CEO stated
, "These results have substantially improved our understanding of the
extent and quality potential that our flagship Alpine Property holds. We look forward to receiving the NI 43-101 Resource Report
for the Alpine Project before year end and preparation of our 2018 Budget and 3 year rolling plan."
Additional Highlights from the 2017 Program
Channel sampling was carried out in 5 distinct sections of Level 6 of the Alpine Mine
to
confirm work
performed by Cove Resources in 1988.
D
etails with respect to
assays,
location and extent of the channel
samples will be provided once
final laboratory results have been received and
evaluation complete
d
.
The quartz vein/mineralized material zone was intersected in 10 of the 11 holes drilled.
51 samples were taken from a stockpile located on the
mine
site
. Upon receipt of final analyses
mechanical
sampling and definition
is planned for
2018
in order
to
better define
the economic viability of mining this
material.
For future reference, any study analyzing and disclosing the economic viability of the project must satisfy
the requirements to be considered a PEA, PFS or FS.
T
he Company has retained the serv
ices of Giroux Consultants Ltd.
Principal, Gary Giroux, P.Eng. will work
closely with TerraLogic personnel to produce a NI 43-101 Resource Report for the Alpine Project
.
Going forward the
C
ompany will be
preparing a permit application for the extraction of
a bulk sample from the
existing
Alpine
workings in 2018.
Notes on analytical techniques
All core was analyzed by Activation Laboratories Inc. of Kamloops, BC utilizing an industry standard 30 elements ICP-MS
technique following an aqua-regia digestion (UT-1M). In addition, all mineralized core was analyzed for gold on a large 500g split
by fire-assay with an AA finish (1A2). A comprehensive external QAQC procedure was employed by TerraLogic which included
regular and strategic inclusions of blanks, standards and duplicates into the sampling stream. Gravimetric analysis (FA-GRA)
were completed on all over-detection (>5 g/t Au) fire assay results
.
For more information on Braveheart Resources Inc. including photos please visit our website at
www.braveheartresourcesinc.com
About Braveheart Resources Inc.
Braveheart is a Canadian based junior exploration company focused on building shareholder wealth through aggressive
exploration in a favorable and proven mining jurisdiction - the West Kootenays in southeast British Columbia (silver and gold).
Particular focus is on the Alpine Mine, a past producing property 20 km northeast of Nelson. Braveheart's shares are listed for
trading on the TSX Venture Exchange under the symbol BHT.V. Braveheart currently has 41,514,505 common shares issued
and outstanding.
Qualified Person
Braveheart's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Mr
. Jim
Decker, P.Eng., a consultant
to
Braveheart who serves as a qualified person under the definition of National Instrument 43-
101.
Contact
Phil Keele, P.Eng,. President and CEO
780-215-4044 or
Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute "forward-looking information" under applicable Canadian
securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work
programs and objectives and expected results from such work programs. Forward-looking information is necessarily based
upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks,
(more) uncertainties, and other factors which may cause the actual results and future events to differ materially from those
expressed or implied by such forward-looking information and the risks identified in the Company's continuous disclosure
record. There can be no assurance that such information will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-
looking information.
All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions
and estimates of management and information available to management as at the date hereof. The Company disclaims any
intention or obligation to update or revise any forward-looking information, whether as a result of new information, future
events or otherwise, except as required by law.
Neither the 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 of this news release.
APPENDIX
Figure 1 - Drill Hole Location Map
To view an enhanced version of Figure 1, please visit:
http://orders.newsfilecorp.com/files/2187/30501_a1510762214889_15.jpg
Figure 2
— Cross Section Lo
oking West
To view an enhanced version of Figure 2, please visit:
http://orders.newsfilecorp.com/files/2187/30501_a1510762215186_61.jpg