Braveheart Resources Inc. Completes Diamond Drilling Program at its Alpine Mine Property near Nelson, BC
Braveheart Resources Inc. Completes Diamond Drilling
Program at its Alpine Mine Property near Nelson, BC
Toronto, Ontario--(Newsfile Corp. - October 3, 2017) - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the
"Company") announces the completion of its 2017 Diamond Drilling Program at the Alpine Mine property (Alpine) with more
than 1,600 meters drilled in 11 holes, surpassing the Company's original target
of 1,500 meters.
While analytical results are
pending for six holes, initial results are very encouraging with a best assay from Hole AL17004 returning 11.8 g/t Au over 1.5m
(including 29.6 g/t Au over 0.5m).
Phil Keele, Braveheart President and CEO stated:
"The objective of the program was to improve our understanding of the
gold potential on the down dip side of the vein structure at Alpine.
While much of the lab work on core samples is still pending, I
can confirm that quartz vein material was intersected in 10 of the 11 holes. Historical information has shown that mineralization
typically occurs in and around the main quartz vein structure at Alpine. I am also pleased to announce that lab results have been
received for five drill holes where mineralized material was intersected. These results can be seen in Table 1 below.
Further
analyses will be released as the information becomes available but we are excited by these results so far.
Our thanks go out to
our contractors, Lucky Drilling Ltd, supported by the services of TerraLogic Exploration Inc. and Masse Environmental
Consultants Ltd. who were able to complete the diamond drilling program lost-time and accident free and under budget.
A job
well done."
Table 1 -
Initial
Drill Hole Assays
Hole ID
Sample #
Interval (m)
Au (g/t)
Ag (g/t)
AL17001
AL17001-018
99.6-100.4
4.46
3.42
AL17003
AL17003-005
90.0-90.5
0.13
1.37
AL17004
AL17004-003
87.5-88.0
3.28
12.3
AL17004-004
88.0-88.5
2.58
1.50
AL17004-005
88.5-89.0
29.6 *
9.66
AL17005
AL17005-002
125.5-126.2
0.81
0.47
AL17005-003
126.2-126.7
0.42
18.10
AL17006
AL17006-009
125.2-125.7
0.61
1.11
*
G
ravimetric analysis (FA-GRA) completed on all over-detection (>5 g/t Au) fire assay results
Table 2 in the attached Appendix provides a summary of the drilling program. Figure 1 shows the location of the drill holes in
relation to the historical Alpine Mine workings.
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.
Pro
g
ram
Highlights:
Alpine Vein intersected in 10 of 11
of the
2017 drill holes
; laboratory results for the first 5 drill holes all returned
gold values
. V
isible gold was observed in 4 of the 11
holes drilled;
One
mineralized intercept of 1.5m
returned
a
value
o
f
11.8 g/t Au including 0.5m grading 29.6 g/t Au;
D
iamond drill
ing took place
on the north side of Alpine along a series of
3 north-south section lines
;
A w
ater
monitoring
program
was developed
by Masse Environmental and baseline water samples completed
;
Qualified
underground mining personnel evaluated potential opportunities for
refurbishing
existing mine
workings
to permit future underground mapping and sampling activities
;
Drilling information will be used to update
Braveheart's
geologic model and tied to previously mine
d
workings
and drill
hole information
;
For more information on Braveheart Resources Inc.
including photos
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
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
Table 2 - Dril
l
ing Summary
DDH ID
Status
Azimuth
Dip
Date
Completed
DDH
(m)
AL17001
Complete
180
-45
28/08/2017
150.6
AL17002
Complete
180
-70
30/08/2017
147.8
AL17003
Complete
180
-45
01/09/2017
118.0
AL17004
Complete
180
-70
03/09/2017
119.2
AL17005
Complete
180
-45
06/09/2017
158.1
AL17006
Complete
180
-70
08/09/2017
152.9
AL17007
Complete
180
-45
11/09/2017
160.2
AL17008
Complete
180
-70
13/09/2017
147.5
AL17009
Complete
0
-90
15/09/2017
177.1
AL17010*
Abandoned
180
-45
17/09/2017
56.4
AL17011
Complete
180
-80
19/09/2017
159.6
AL17012
Complete
180
-50
21/09/2017
170.0
Figure 1 - Drill Hole Location Map
To view an enhanced version of Figure 1 - Drill Hole Location Map, please visit:
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