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    BRG   CA1089093001


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Brigadier Gold Limited Provides Summary of Recently Completed Phase One Exploration Program At It Picachos Goldsilvercopper Project Sinaloa, Mexico

05/11/2021 | 01:23pm EDT

Brigadier Gold Limited provided a summary of the recently completed phase one exploration program at it Picachos goldsilvercopper project Sinaloa, Mexico. In total 5057 metres of diamond drill was completed in 50holes across eleven different prospects on the Property, most of which were never previously drill tested. Remaining assays are anticipated to be received in June. San Agustín pastproducing gold mine with a principal result of 7.45 g/t gold and 51 g/t silver across 7 metres in DHBRG001. Significant widths and grades were intercepted in several holes from San Agustín. San Antoñio historic goldcopper mine with 12.62 g/t gold and 78 g/t silver with 4.5% copper across 0.8 metres in DHBRG026. La Gloria historic gold mine with values of 10.65 g/t gold across 1 metre in a larger interval of 2.29 g/t gold across 8 metres in DHBRG028. Assays are still pending for 518 metres of drilling completed in phaseone, most of which is from a 3hole fence drilled across El Placer Norte where underground sampling returned grades of up to 12.79 g/t across the Huarache Vein. Perhaps more significantly, a surface trench across the El Placer trend returned values of 0.5 g/t gold across 65 metres in BRG117154. This was followed by 8 metres of 2.14 g/t gold in adjacent trench BRG117146. Further indications of a possible bulk tonnage gold target were returned from trench BRG26892 with values of 1.07 g/t gold across 6 metres from a newly discovered mineralized outcrop of porphyritic rhyolite on the Santa Elena ridge, about 850 metres southwest of Garabato and 750 metres north of El Placer Norte. A copper porphyry target with associated base metals was confirmed in the northwestern part of the Property where approximately 350 metres of semicontinuous hand trenching on Line 2569200 uncovered sericitic alteration with values mainly greater than 240 ppm molybdenum (Mo) with up to 0.22% Mo across 6 metres. These results confirm the bedrock source for overlying Moinsoil results of up to 456 ppm Mo. This anomaly is about 400 hectares in size and is roughly defined by soil samples at 50 metre spacing on survey lines spaced 400 metres apart. Sericite with molybdenite is interpreted to represent part of a hydrolytic alteration shell around a buried porphyry system.

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Sales 2020 - - -
Net income 2020 -4,15 M -3,35 M -3,35 M
Net cash 2020 1,37 M 1,11 M 1,11 M
P/E ratio 2020 -2,86x
Yield 2020 -
Capitalization 4,26 M 3,44 M 3,44 M
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees -
Free-Float 98,4%
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Robert Laird Birmingham President, Chief Executive Officer & Director
Heidi Gutte Chief Financial Officer & Secretary
Steven Edward Vanry Chief Operating Officer & Director
James Garnet Clark Independent Director
Ranjeet Sundher Director
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