Newsletter Signup

News Releases

2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  

BCGold Corp. Extends Carmacks Copper-Gold Trend and Commences Diamond Drill Program on Carmacks Copper-Gold Properties, Yukon

pdf read pdf

September 17, 2007 - BCGold Corp. ("BCGold" or "the Company") is pleased to announce that diamond drilling has commenced on the Company's ICE and WS Properties, situated approximately 220 kilometres north of Whitehorse, Yukon (Figure 1). Kluane Drilling of Whitehorse, Yukon has been contracted to drill 1,200 metres to test "Carmacks-style" copper-gold exploration targets defined earlier this year by a comprehensive Phase I exploration program.

Copper-Gold Exploration Targets
BCGold will drill test the recently discovered ICE Zone (BCG News Release August 13, 2007) and the Central Area of the newly defined WS MMI (Mobile Metal Ion) Copper Anomalies situated along strike and less than 2 kilometres from Western Copper Corporations No. 12 Zone. BCGold's Central Area WS MMI Copper Anomaly remains open to the south and has been defined for more than 2 kilometres along what appears to be the southern strike extension of Western Copper's Carmacks Trend (Figure 1). Aurum Geological Consultants Inc. is supervising all aspects of BCGold's $1.5 million Carmacks Copper-Gold Belt exploration program and Mr. Al Doherty, P.Geo., the Qualified Person for the purposes of National Instrument 43-101 has reviewed the technical content of this news release.

MMI® Geochemical Survey Defines Carmacks Copper-Gold Trend on BCGold's WS Property

BCGold recently reported the completion of a 3,295 line kilometre airborne geophysical survey and soil sample surveys on four BCGold properties north of the Minto Mine and three properties adjacent to the Carmacks (Williams Creek) deposit, 42 kilometres to the south (BCGold news release dated August 13, 2007). A total of 4,040 MMI samples were collected every 50 metres along 100 metre spaced lines and to date the Company has received results for 3,246 samples.

BCGold's MMI® geochemical survey immediately south of Western Copper Corporation's Carmacks property clearly defines an anomalous copper-in-soils "corridor" consisting of a number of large copper anomalies that appear to be the surface expression and extension of the Carmacks Copper-Gold Trend. This corridor measures up to 1 kilometre wide and can be traced southeast-ward for 4 kilometres. The southern terminus appears to be a narrow, north-trending magnetic low, possibly representing a fault structure that appears to juxtapose the corridor northward for approximately 1.5 kilometres. East of this north-trending linear break the anomalous WS copper anomaly trend can be traced for another 3 kilometres to the end of BCGold's survey coverage area and remains open.

"BCGold is very pleased with the results of our MMI® soil survey" states Brian P. Fowler, P.Geo and President of BCGold. "There can be little argument that the Carmacks Copper-Gold Trend extends onto BCGold's WS and ICE properties in a pronounced fashion. We have distinct and broad copper MMI anomalies over a 7 kilometre strike length that warrants systematic evaluation and prioritization by ground geophysics, trenching and drilling".

MMI® or Mobile Metal Ion Geochemistry Explained
MMI® or Mobile Metal Ion Geochemistry differs from conventional soil geochemistry in that it is a partial extraction only measuring weakly bonded or 'mobile' metallic ions. The mobile metal ion may be released from ore bodies and travel upward towards the surface. This technique can often detect deeply buried mineralization above barren or transported material. The measured values are very low compared to conventional sampling where the bulk of the material is digested, but the contrast of the anomalous values with background is often greater, resulting in better defined trends. Concentrations are measured in the same way as conventional geochemistry. For additional information on MMI®, the reader is referred to

Carmacks Copper-Gold Belt Properties
BCGold is the largest landholder in the Carmacks Copper-Gold Belt, holding title to 17 properties encompassing 16,274 hectares strategically located near Sherwood Copper Corporation's Minto Mine and Western Copper Corporation's Carmacks project. The Company's exploration focus in the Carmacks Copper-Gold Belt is directed towards the discovery of stand-alone and satellite copper-gold deposits to supplement mill feed for the nearby Minto and future Carmacks mining operations.

Carmacks Copper-Gold Properties Ownership Agreement
BCGold will acquire a 100% interest in the Carmacks Copper-Gold Belt properties by making $300,000CAD in cash payments, incurring a minimum of $900,000CAD in work expenditures and issuing 1,000,000 Units to a private individual over a four-year term.

Copper Mobile Metal Ion (MMI Survey)

About BCGold Corp.

BCGold Corp. (TSX-V: 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. Currently, institutional investors hold 29% of the Company's outstanding shares and Kinross Gold Corporation holds 11%.

On behalf of the Board of Directors,
Brian P. Fowler, P. Geo.
President & CEO

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.

Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to future expenditures 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.

For further information, please contact:
Jose M. Perez
Manager, Corporate Communications
Tel. (604) 646-1581
Fax (604) 642-2411
[email protected]