BCGold Corp reported mining grades of 14.5 g/t Au and 44.6 g/t Au for bulk samples 505-3A and 505-3B, respectively, mined from remnant pillars of the Engineer Vein outside of the Inferred Mineral Resource and previously categorized as waste material by conventional chip sampling and drilling. The exploration target is 1,200 to 1,800 Tonnage and 30 to 60 g/t grade range for the 505-3 Shoot (between 5 & 6 Levels).
Update and plans for 2012 Mine Dewatering and Bulk Sampling
BCGold Corp. plans to conduct a staged $2.5 million exploration and development program at the Engineer Mine property in 2012 that will consist of the following:
- Dewatering 6 Level of the underground mine workings to access the down-plunge extension of the 505-3 Shoot approximately 30 metres vertically below bulk samples 505-3A and 505-3B on 5 Level,
- Mining the 505-3 Shoot between 5 Level and 6 Level, to potentially source 1,200 to 1,800 tonnes of in-site bulk sample material,
- Transporting mined material to the 30 ton per day, on-site gravity separation mill for gold recovery as a gold concentrate,
- Underground diamond drilling to target four previously untested veins and the Shear Zone 'A' and Shear Zone 'B' bulk tonnage exploration targets (view 3D Engineer Mine: 2012 Underground Exploration Drill Targets).
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