CORRECTION FROM SOURCE: Braveheart Intersects 2.60% Copper, 33.5 g/t Gold and 18.9 g/t Silver Over 2.5 Metres at Bull River Mine (Drill Results Demonstrate Potential for Increased Mine Life)
CORRECTION FROM SOURCE: Braveheart
Intersects 2.60% Copper, 33.5 g/t Gold and
18.9 g/t Silver Over 2.5 Metres at Bull River
Mine
(Drill Results Demonstrate Potential for Increased Mine Life)
Calgary, Alberta--(Newsfile Corp. - September 30, 2021) - Braveheart Resources Inc.
(TSXV: BHT)
(OTCQB: RIINF) (FSE: 2ZR)
("
Braveheart
" or the "
Company
") is pleased to report high grade
copper and gold mineralization on the final two diamond drill holes from the H1 2021 diamond drill
program.
Ian Berzins, President and CEO commented "We are extremely pleased with the recent results from this
year's drill program. The results indicate that we have mineralized material up to 175 metres below the
lowest levels of the developed underground mine infrastructure and gold mineralization has increased at
depth.
This could result in an increase in the total Resources at the Bull River mine and
potentially increase life of mine.
"
Results from New Holes BRU-21-05 and BRU-21-06
BRU-21-05 intersected 1.71% copper, 17.6 g/t gold and 11.6 g/t silver over 4.9 metres including
2.60% copper,
33.5 g/t gold
and 18.9 g/t silver over 2.5 metres
including 3.09% copper, 127
g/t gold (4.08 oz/t) and 40.60 g/t silver over 0.5 metres.
BRU-21-06 intersected 2.1% copper, 0.30 g/t gold and 30.0 g/t silver over 5.9 metres including
11.41% copper
, 0.94 g/t gold and 51.65 g/t silver over 1.0 metre.
All six holes that have been drilled as part of the H1 2021 drilling program have intersected
mineralized structures between 425 metres and 525 metres below the surface portal and between
75 metres and 175 metres below the lowest workings of the mine on 9 level.
The intersections do
not represent true width of the vein structures.
Summary of 2021 Bull River Mine Drilling Program
Hole ID
Azimuth
Dip
From
To
Length
Cu
Ag
Au
(m)
(m)
(m)
(%)
(g/t)
(g/t)
BRU 21-
01
55
-26
171.4
174.8
3.4
5.12
28.6
0.63
Including
173.8
174.4
0.6
19.79
98.6
0.17
BRU 21-
02
55
-37
184.1
186.1
2.0
1.52
8.1
0.17
BRU 21-
03
55
-48
190.9
194.4
3.5
2.39
12.5
0.29
Including
192.5
193.5
1.0
5.60
29.3
0.49
BRU 21-
04
55
-59
205.5
208.0
2.5
0.34
1.9
0.05
BRU 21-
05
10
-15
104.8
109.7
4.9
1.71
11.6
17.6
Including
107.2
109.7
2.5
2.60
18.9
33.52
Including
109.2
109.7
0.5
3.09
20.3
127.0
BRU 21-
06
10
-35
103.7
109.6
5.9
2.10
9.5
0.30
Including
105.2
106.3
1.0
11.41
51.7
0.94
The purpose of the H1 2021 drilling program was to test the down dip extension of the vein systems
under the current workings to demonstrate the potential that the current Resource can be extended on
strike and to depth.
All six holes in the 2021 program were drilled from underground workings on 9 Level
and collared in 9E4XC Ext Re-muck. 22,000 metres of underground workings are currently being
maintained in a dewatered condition.
The Company is also pleased to announce the release of its consolidated financial results for the year
ended May 31, 2021.
Detailed results and management's discussion and analysis are now available on
SEDAR.
Qualified person
Braveheart's disclosure of a technical or scientific nature in this news release has been reviewed and
approved by Ian Berzins P.Eng., who serves as President, Chief Executive Officer and a director of the
Company and is a Qualified Person under the definition of National Instrument 43-101.
About Braveheart Resources Inc.
Braveheart is a mining company primarily focused on two near-term copper production assets in
Canada. Braveheart's main asset is the 100% owned Bull River Mine project (>85MM lbs of copper)
near Cranbrook, British Columbia which has a Mineral Resource containing copper, gold and silver.
Braveheart's newest acquisition is the 100% owned Thierry Mine project (>860MM lbs of copper) near
Pickle Lake, Ontario which has a Mineral Resource containing copper, nickel, silver, palladium, platinum
and gold.
Contact Information
Braveheart Resources Inc.
Ian Berzins
President & Chief Executive Officer
M: +1-403-512-8202
E:
Website:
www.braveheartresources.com
For more investor information, please contact Braveheart at:
Manish Grigo
Director, Corporate Development
M: +1-416-569-3292
E:
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 necessarily involve known and unknown risks, including,
without limitation, risks associated with general economic conditions; inability to access sufficient
capital from internal and external sources, and/or inability to access sufficient capital on favourable
terms; and other risks.
Forward-looking information is necessarily based upon a number of estimates and assumptions that,
while considered reasonable, are subject to known and unknown risks, 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 Service Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this new
release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/98152