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Further results have just come in from Brigadier Gold [TSXV:BRG / FRA:B7LM / USA:BGADF], the junior miner exploring a project in Mexico’s Sinaloa state. Diamond drilling of the prospect started last year, under the oversight of experienced geologist and Mexico specialist Michelle Robinson. Brigadier Gold has a number of drill samples in assay having completed 3085 metres of diamond drilling in 28 holes of the Picachos Project.

We’re particularly focused on the results coming out of four drill holes from the latest series, including DH-BRG-008, which showed 9.49 g/t gold and 24 g/t silver across three metres. A second core yielded 6.24 g/t gold and 79 g/t silver.

“I am really pleased with our results so far from San Agustín,”said Robinson, who is the senior geologist on the project. “The structure is persistent and strongly mineralized. Although our sampling with a diamond drill is not perfect due to the challenging sub-surface conditions, it definitely indicates a robust gold-bearing vein of substantial width and strike length of over seven kilometres.”

Of the 28 holes drilled so far, 14 were drilled in the San Agustin Vein which Robinson mentions. Ten holes (1029 metres) tested surface exploration targets defined by trenching, two holes (168.5 metres) tested under the historic San Antoñio Mine and one hole tested under the historic La Gloria Mine.

San Agustín and San Antoñio represent two gold-rich, polymetallic mineral chutes about 2.5 kilometres apart on Brigadier’s regional-scale Cocolmeca Vein System (CVS), and La Gloria historically produced gold from a northwesterly trending vein roughly orthogonal to the CVS.

Exciting results out of historic San Agustin mine

The most exciting results to date have come out of DH-BRG-001 which was drilled in the San Agustin mine, an historic mining site which has not had the benefit of diamond drilling to date. Here on top of 7.45 g/t at a 7m width, 20.58 was achieved at 2.5m and 45.63 g/t at 1m.

Michelle Robinson also spoke with The Armchair Trader for our podcast series which you can listen to below. We are also anticipating further drill results from the project before the end of January.

“We are impressed with the speed in which Michelle and her team is de-risking the Picachos Project and increasingly demonstrating its regional scale potential,” said Ranjeet Sundher, President and CEO of Brigadier Gold. “With just a small portion of the asset explored to date, I’m looking forward to keeping shareholders abreast as we aggressively move forward to further define the Colomeca Vein System while also commencing examination of the large copper-molybdenum porphyry target located on the northern part of the property.”

The Armchair Trader started following Brigadier Gold on 27 October. We liked the fact that Robinson is a highly experienced geologist with a deep understanding of exploration opportunities in Mexico. The project also lies between two other claims managed by GR Silver Mining and Vizsla Resources, both of which have already made significant discoveries.  For example, GR Silver Mining has been exploring the nearby Plomosas project southeast of Picachos and has uncovered high grade polymetallic mineralisation with a continuous intersection.

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Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Stuart Fieldhouse

Stuart Fieldhouse

Stuart Fieldhouse has spent 25 years in journalism and marketing, including as a wealth management editor for the Financial Times group, covering capital markets and international private banking, and as an investment banking correspondent for Euromoney in Hong Kong. He was the founder editor of The Hedge Fund Journal.

Stuart has worked at CMC Markets, supporting the re-launch of its global financial spread betting and CFD trading platforms. He is also the author of two books on trading, published by Financial Times Pearson. Based in The Armchair Trader’s London office, Stuart continues to advise fund managers, private banks, family offices and other financial institutions.

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