- Big Ridge Gold (BRAU) restarts drill program at Hope Brook Gold Project
- Big Ridge will complete a minimum 25,000 meters of core drilling as part of the Phase 1 drill program
- Drilling will initially focus on the highly prospective ground between the 240 and Main Zones at surface
- This initial drilling focused along strike and southwest of the Main Zone
- Big Ridge Gold Corp. (BRAU) is trading at C$0.35 at 9:30 am EST
Big Ridge Gold (BRAU) has resumed drilling at the Hope Brook Gold Project, located in southwest Newfoundland & Labrador.
Its drill contractor and operations team have returned to the Hope Brook Gold Project after taking a break for the holidays.
Big Ridge will complete a minimum of 25,000 meters of core drilling as part of the Phase 1 drill program.
The drill program is designed to test the 1,200-meter gap between the 240 Zone and Main Zone and extensions to the southwest and northeast of the 240 and Main Zones.
Drilling will initially focus on the highly prospective ground between the 240 and Main Zones at the surface and to depth and move to the Northeast Extension once results from the CSAMT program have been interpreted.
Big Ridge shipped several completed holes to the labs prior to the holiday break and anticipates having first assay results available during the first quarter.
This initial drilling focused along strike and southwest of the Main Zone.
Shallow historic drilling completed by previous operators across 400 meters of strike southwest of the Main Zone and outside the current resource estimate generated high-grade results including 4.69 grams per tonne (g/t) gold across 14.9 meters and 3.11 g/t gold across 18.0 meters.
Michael Bandrowski, President & CEO of Big Ridge commented, “Big Ridge is excited to be back at Hope Brook with two diamond drill rigs turning and our drill core from the first 3,000 meters of drilling in the lab for assaying.”
“We are excited to enter 2022, having assembled a high-quality team and a well-financed company to expand the known mineralization at Hope Brook and test some of the highly prospective targets in and around the deposit, added Bandrowski.
Big Ridge Gold Corp. is an exploration and development company managed by a disciplined and experienced team of officers and directors.
Big Ridge Gold Corp. (BRAU) is trading at C$0.35 at 9:30 am EST.