Big Ridge Gold – 10 More Drill Holes Released From The Hope Brooke Gold Project
Mike Bandrowski, President and CEO of Big Ridge Gold (TSX.V:BRAU – OTCQB:ALVLF) joins us to recap the next tranche of 10 drill results, released June 28th, at the Hope Brooke Gold Project in Newfoundland. 33 holes have been released so far out of the 60 holes that have been drilled, so far from the Phase 1, 25,000 meter drill program, with 31 of 33 holes intersecting gold mineralization.
Mike outlined that 18,000 meters of the 25,000 meters in the Phase 1 Drill program have been completed so far, with 7,000 meters remaining, and we discussed the grade, widths of recent and prior intercepts, and some of the deeper drilling underway at the Main Zone and 240 Zone and NorthEast Extension Zone.
We wrap up with getting some of the key catalysts at the Hope Brooke Project including the completion of the first phase of the earn-in agreement from First Mining that will take them to 51% ownership, as well as the upcoming resource estimate for Q1 of 2023 with more drilling, higher metals prices, and copper credits. In addition, the Company is working on a PEA that is slated for late Q2 of 2023.
If you have any follow up questions for Mike regarding the Big Ridge Gold, then please email us at Fleck@kereport.com and Shad@kereport.com.