• Brigadier Gold (BRG) is gearing up for a maiden diamond drilling campaign at its recently acquired Picachos property in Sinaloa, Mexico
  • Anticipated to begin in September, drilling has been planned for a minimum of 5,000 metres across approximately 40 holes
  • The primary focus of the work will be on the past-producing San Agustín Mine, which hosts an ore chute of the Cocolmeca vein system
  • Secondary work will be focused on the Mochomos vein, the Los Tejones vein and the Fermin veinme
  • Brigadier Gold (BRG) is currently up 2.7 per cent and is trading at C$0.38 per share 

Brigadier Gold (BRG) is gearing up for a maiden diamond drilling campaign at its recently acquired Picachos property in Sinaloa, Mexico.

Located 26 kilometres northeast of Cacalotan in the Municipio of Rosario, the project covers 3,954 hectares over the historic Viva Zapata national mineral reserve.

Drilling is expected to begin in September this year, with a minimum of 5,000 metres planned across roughly 40 holes that will target four high-grade gold and silver veins.

Of particular focus will be the past-producing San Agustín Mine, which previously exploited an ore chute of the Cocolmeca vein system. This system is comprised of various sub-parallel veins over a 1.5-kilometre-wide zone.

An initial round of drilling has been designed to test approximately one kilometre of strike between the San Agustín Mine and the Tejones prospects.

In addition to the work at the San Agustín Mine, Brigadier intends to carry out secondary exploration work at the Mochomos and Los Tejones veins. 

Previously, the veins returned rock chip-channel samples at 18.5 grams per tonne of gold and 570 grams per tonne of silver over 18.5 metres, as well as 28.6 grams per tonne of gold and 114 grams per tonne of silver over roughly one metre, respectively. 

Ranjeet Sundher, CEO of Brigadier Gold, commented on the upcoming exploration program.

“Brigadier’s multi-talented team has been able to identify and complete the Picachos acquisition, close $4.2 million in financings and initiate exploration on this compelling gold-silver target all within a four-week period.

“We are fortunate that Brigadier’s core leadership now includes our partner Michelle Robinson who together with her team, residing in Sinaloa, are intimately familiar with Picachos, the local community, and how to shape a sustainable and beneficial presence in the region,” he added.

Brigadier Gold (BRG) is currently up 2.7 per cent to C$0.38 per share at 12:27pm EDT.

More From The Market Online
A gold bar from Dynacor Group's ore processing facility in Peru.

Green flags galore: Why to invest in Dynacor Group today

Gold stock Dynacor Group (TSX:DNG) announces a monthly dividend of C$0.01167 per share for August 2024 with eyes on further growth.
European minerals

Euro Sun Mining completes Critical Raw Materials Act submission

Euro Sun Mining (TSX:ESM) applies to the European Commission for the Rovina Valley Project under the Critical Raw Materials Act.
Drill rig at Corrales target zone on Coppernico Metals' Sombrero project in Peru.

Coppernico Metals begins drilling in Peru with TSX debut in sight

Coppernico Metals begins a drilling program at its Sombrero copper-gold project in Peru, setting the stage for a listing on the TSX.
Gold from Cascadia Minerals' outcrop sampling at its Catch property in the Yukon.

Three Canadian junior mining stocks positioned to thrive

Investors in Canadian junior mining stocks need some of the sturdiest stomachs in the market, but could end up earning multi-bagger returns.