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6, 2009+ADw-/span+AD4APA-/b+AD4- +ADw-/p+AD4-
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Carmacks Copper-Gold Properties, Yukon+ADw-/span+AD4APA-/b+AD4APA-span lang+AD0-EN-GB
style+AD0-'mso-ansi-language:EN-GB'+AD4- +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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BRITISH COLUMBIA--(Marketwire - July 6, 2009) - BCGold Corp. (TSX
VENTURE:BCG) (+ACY-quot+ADs-BCGold+ACY-quot+ADs- or the +ACY-quot+ADs-Company+ACY-quot+ADs-) is pleased
to announce that Phase I field work has been concluded on the Company's
Carmacks Copper Gold Property package in central Yukon. A geologist /
prospector team conducted 48 man days of geological mapping and
prospecting, focusing on coincidental induced polarization (I.P.) and
copper ( gold) mobile metal ion (MMI(TM)) anomalies believed to
possibly represent +ACY-quot+ADs-Minto-type+ACY-quot+ADs-, high-grade copper-gold
mineralization near surface and at depth.+ADw-br+AD4-
+ADw-br+AD4-
Trenching and
Diamond drill targets have been confirmed on 6 of
BCGold's 17 Carmacks Copper Gold Properties. Phase II exploration,
entailing excavator trenching, road and drill pad construction, additional
geochemical and geophysical survey work, mapping and sampling has
commenced.
Diamond drilling of priority targets is scheduled for later
this summer. For the year 2009, BCGold has been awarded +ACQ-135,000 in
exploration grants under the Yukon Mineral Incentive Program (Y.M.I.P.)
and the Company is currently completing a +ACQ-1 million financing.+ADw-br+AD4-
+ADw-br+AD4-
Minto Property Block+ADw-br+AD4-
+ADw-br+AD4-
BCGold's Minto Block of properties consists of 6 properties immediately
northward and along trend from the Minto mine and the new Minto North high-grade
copper-gold discovery. To view BCGold's Minto Block properties, please
view the following link: +ADw-a
href+AD0AIg-http://www.bcgoldcorp.com/ckfinder/userfiles/files/IP-MMI+AF8-compilation+AF8-North+ACU-281+ACU-29.jpg+ACI-
target+AD0AIgBf-parent+ACIAPg-www.bcgoldcorp.com/ckfinder/userfiles/files/IP-MMI+AF8-compilation+AF8-North+ACU-281+ACU-29.jpg+ADw-/a+AD4-.
BCGold field crews investigated a number of coincidental I.P. and
copper ( gold) MMI(TM) anomalies defined by BCGold on the Toe, Pepper
and Spear claims in 2008. Field inspection has validated these
anomalies and
Diamond drill testing has been recommended by a Company
consultant. BCGold is actively looking for joint venture partners to
advance these 3 properties.+ADw-br+AD4-
+ADw-br+AD4-
BCGold has commenced a follow-up MMI(TM) survey on the Apex East claim
to close off copper anomalies defined by BCGold in 2008. A subsequent
I.P. survey is planned over the most promising targets.+ADw-br+AD4-
+ADw-br+AD4-
Carmacks Property Block+ADw-br+AD4-
+ADw-br+AD4-
Field crews investigated 3 properties within the Company's Carmacks
Block of properties, situated 50 kilometres to the south, adjacent to
Western Copper Corp.'s Carmacks Copper Project. On the WS Property,
trenching has been recommended on the recently discovered Copper Hill
showing, where sampling in 2008 returned maximum values of 0.85+ACU- copper
and 0.42 g/t gold. The showing consists of malachite, lesser
chrysocolla, minor azurite, with significant chalcocite mineralization,
primarily hosted by more mafic, foliated zones of quartz diorite within
coarse grained granodiorite.+ADw-br+AD4-
+ADw-br+AD4-
Excavator trenching is to be conducted across the Copper Hill showing
and along strike in both directions. A 600 metre by generally 100 metre
wide copper MMI(TM) soil anomaly lays 150 metres upslope of the Copper
Hill showing. The soil anomaly is coincident with an I.P. chargeability
high - resistivity anomaly. These coincidental anomalies are also to be
systematically trenched.+ADw-br+AD4-
+ADw-br+AD4-
Trenching has also been proposed above and along strike of BCGold's
2008 copper discovery in drill hole BCG08-09B, which intersected 63.1
metres that averaged 0.17+ACU- copper, (containing 23.6 m averaging 0.34+ACU-
copper) near surface and immediately south of Western Copper Corp.'s
Carmacks Copper Project.+ADw-br+AD4-
+ADw-br+AD4-
The technical contents of this release have been reviewed by Ms. Jean
Pautler, P. Geo., a Qualified Person for the purposes of National Instrument
43-101.+ADw-br+AD4-
+ADw-br+AD4-
About BCGold Corp.+ADw-br+AD4-
+ADw-br+AD4-
BCGold Corp. (TSX VENTURE:BCG) is a Vancouver-based junior resource
company focused on copper and gold exploration in under-explored
historic mining and exploration 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.+ADw-br+AD4-
+ADw-br+AD4-
On behalf of the Board of Directors,+ADw-br+AD4-
+ADw-br+AD4-
Brian P. Fowler, P. Geo., President +ACY-amp+ADs- CEO+ADw-br+AD4-
+ADw-br+AD4-
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.+ADw-br+AD4-
+ADw-br+AD4-
+ADw-br+AD4-
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.+ADw-/span+AD4-
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+ADw-p+AD4APA-span style+AD0-'font-size:10.0pt+ADs-font-family:Georgia'+AD4-BCGold Corp.+ADw-br+AD4-
Investor Relations+ADw-br+AD4-
(604) 646-1589+ADw-br+AD4-
Fax: (604) 642-2411+ADw-br+AD4-
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BCGold Corp.
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DEVELOPMENT STAGE |
CODE : BCG.V |
ISIN : CA07330A2020 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
BCGold is a gold development stage company based in Canada. BCGold develops gold, copper and silver in Canada, and holds various exploration projects in Canada. Its main asset in development is CARMACKS in Canada and its main exploration properties are ENGINEER, VOIGTBERG, SICKLE-SOFIA, TOE PROPERTY and TOODOGGONE in Canada. BCGold is listed in Canada. Its market capitalisation is CA$ 2.5 millions as of today (US$ 1.8 millions, € 1.7 millions). Its stock quote reached its highest recent level on April 23, 2010 at CA$ 1.80, and its lowest recent point on January 01, 2016 at CA$ 0.01. BCGold has 61 730 000 shares outstanding. |