Brigadier Gold Limited (TSXV: BRG, OTC: BGADF), led by a veteran markets and technical team, has commenced a first-ever 5,000 meter diamond drill program on it’s compelling Picachos gold-silver project in mineral rich Sinaloa State, Mexico, targeting the high grade historic San Agustin gold mine.
Brigadier’s 3,954 hectare Picachos property is located approximately 15 miles away from two of the industry’s biggest 2020 success stories in Mexico, and along the same geological trend.
Brigadier’s neighbors, Vizsla Resources and GR Silver Mining, have produced bonanza grade drill results on their properties resulting in a meteoric rise in their share prices. Their valuations surpassed $100 million, driven by the untapped potential of vast mineral wealth possible on their respective projects.
Early Success, Drills Continue To Turn
Brigadier Gold (TSXV: BRG, OTC: BGADF) embarking on their own project’s first ever diamond drill program, is encountering early success. The first five drill holes have intersected a vein dipping below the historic high grade San Agustin gold mine, having traced it to a current 180 meters down-dip! Historic underground rock-chip channel sample MCA-29887 from extraction Level 646 of the old mine contained 125.52 g/t Au and 76 g/t Ag across 1.5 metres – impressive by any measure.
The drill holes have been sent for assaying, with results expected imminently. Approximately 35 holes remain in this first phase pass over four targeted veins.
Brigadier’s market cap is still a fraction of its neighbours, well under $20 million.
Previous operators on Picachos have uncovered high grade veins at the San Agustin mine, however stopped short of further exploiting the discovery due to lack of funding and modern equipment.
Brigadier Gold (TSXV: BRG, OTC: BGADF) is the first company to systematically drill below and around this target using the diamond core drilling technique, aiming to prove the potential for high-grade gold-silver veins that will likely be developed using underground mining methods.
The 5,000 meter drill program is led by Michelle Robinson, a respected industry veteran, with over 20 years of experience in Mexico. Michelle assembled the project and has worked on it with her veteran team for the past 10 years. There is no one more intimately familiar with Picachos than Michelle, giving investors confidence that she will expertly guide the exploration program through the highest priority targets.
With drills turning and results pending, will Brigadier Gold become Mexico’s next major success story?
Ahead of the Herd weighs in with an extensive report on Picachos and a revealing interview with Brigadier’s head geologist Michelle Robinson. You can read it all here.
Be sure to visit Brigadier Gold’s website to learn more.
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