🕐16.09.10 - 08:54 Uhr

BCGold Corp. Commences Drill Program on Apex East Property, Yukon



BCGold Corp.<br/><br/>Commences Drill Program on Apex East Property, Yukon

Marketwire

 
 
BCGold Corp.
TSX VENTURE:BCG
Other Recent News

September 13, 2010
BCGold Corp.

Commences Drill Program on Apex East Property, Yukon
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept.

13, 2010) - BCGold Corp.

(TSX VENTURE:BCG) (or the "Company") is pleased to announce the commencement of diamond drilling on the Companys Apex East property, situated immediately north of Capstone Mining Corp.s Minto Mine in central Yukon.

Apex East is one of the Companys 17 (16,985 hectares), one-hundred-percent-owned Minto/Carmacks Copper-Gold properties.

A four-hole, 1,000 metre diamond drill program will test three parallel, coincidental copper (+/- gold) soil geochemical and geophysical anomalies, which measure up to 800 metres in length and width, for near surface, "Minto-type" high-grade copper and gold mineralization.

This drill program is approved for a $50,000 Yukon Mining Incentives Program (YMIP) grant from the Yukon government.

Apex East Copper-Gold Targets

In 2009 BCGold Corp.

followed up a previous airborne geophysical survey on the Apex East property with a program of mobile metal ion (MMI(TM)) sampling, prospecting, geological mapping and a 15 line kilometre pole-dipole induced polarization (IP) survey.

The IP survey targeted four discrete copper +/- gold MMI(TM) anomalies and defined three proximal and continuous north and northwest trending zones of high chargeability and resistivity, which are coincidental with magnetic high features.

The three Apex East coincidental geophysical and geochemical anomalies being tested under the current drill program are similar in size and magnitude to targets routinely drilled, and in some cases mined, for high-grade copper and gold-bearing sulphide mineralization at the nearby (4.5 kilometres along trend to the south) Minto Mine.

IP anomaly centres range from near surface to 150 metres deep and all anomaly trends remain open along strike.

Minto/Carmacks Copper-Gold Properties

The Minto/Carmacks Copper-Gold properties are strategically located proximal and adjacent to Capstone Mining Corp.s Minto Mine and Western Copper Corp.s Carmacks Copper Project, which is in the advanced permitting stage.

The Company is the largest land holder in the Carmacks Copper-Gold Belt.

BCGold Corp.

has methodically explored the Minto/Carmacks Copper-Gold properties since 2006.

The Companys work has resulted in the discovery of seven copper-gold mineralized zones and definition of drill-ready copper-gold targets on seven properties.

BCGold Corp.

optioned two of the Minto/Carmacks Copper-Gold properties, Pepper to Goldbard Capital Corp.

("Goldbard") and Toe to Kestrel Gold Corp.

("Kestrel"), earlier this year.

Under the respective property option agreements, each company has 2010 exploration work commitments of $350,000.

BCGold Corp.

continues to seek exploration partners to earn in and assist in advancing the Minto/Carmacks Copper-Gold property package.

About BCGold Corp.

BCGold Corp.

(TSX VENTURE:BCG) is a Vancouver-based junior resource company focused on copper and gold exploration in under-explored historic and emerging mining districts in British Columbia and Yukon.

BCGold Corp.

acquires and develops conceptual, early and mid-stage, exploration opportunities and advances them towards resource development by using internal expertise, engaging preferred joint venture partners, and creating strategic alliances with major exploration and mining companies.

On behalf of the Board of Directors,

Brian P.

Fowler, P.

Geo., President & CEO

Some statements in this news release contain forward-looking information.

These statements include, but are not limited to, statements with respect to future payments, expenditures and unit issuances and exploration, development and production activities.

These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements.

Such factors include, among others, the timing of future payments, expenditures and unit issuances and the timing and success of future exploration, development and production activities.


Neither 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 or accuracy of this release.

CONTACT INFORMATION:

BCGold Corp.
Investor Relations
(604) 646-1589
Fax: (604) 642-2411

www.bcgoldcorp.com

INDUSTRY: Manufacturing and Production - Mining and Metals

Footer


If you no longer want to receive announcements from us, please do not reply to this e-mail.

Instead simply click here.



Products & Services | Jobs