Broadway Gold drills 129 feet of 1.47% copper/0.42 g/t gold

Broadway Gold Mining's Madison copper-gold project in southwest Montana. Source Broadway Gold Mining Ltd.

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Broadway Gold Mining’s Madison copper-gold project in southwest Montana. Source Broadway Gold Mining Ltd.

Broadway Gold Mining Ltd. [BRD-TSXV] has released assay results from drill holes C17-04, C17-05 and C17-06 of its 2017 surface drilling campaign at its 100%-owned Madison copper-gold project 38 km southeast of Butte in the historic Butte-Anaconda mining region of Montana, United States.

Highlights from C17-05 include:

  • 129-foot section grading 1.47% copper and 0.42 grams per tonne (g/t) gold between 479 feet and 608 feet including a 48-foot interval grading 2.13% copper and 0.18 g/t gold including a 21-foot interval grading 2.83% copper and 0.99 g/t gold. Visible native copper was noted throughout the entire 129-foot interval.
  • Individual three-foot samples from the interval ranged from a low of 0.234% to a high of 7.015% copper with 36 of the 43 samples returning values in excess of 0.5%.

In addition, an 18-foot interval returned 1.64 g/t gold and 0.04% copper and a second 24-foot interval returned 0.60% copper and 0.02 g/t gold.

Highlights from C17-04 include:

  • 24-foot section grading 1.17 g/t gold and 0.05% copper between 267 feet and 291 feet with gold values ranging from 0.037 to 2.79 g/t gold.
  • 12-foot section grading 0.81 g/t gold and 0.20% copper and between 360 feet and 372

Highlights from C17-06 include:

  • 39-foot section grading 0.71 g/t gold and 0.001% copper and between 379 feet and 418 feet with gold values ranging from 0.092 to 1.878 g/t gold.

The complete assay results for the intervals can be found on the current exploration page of the company’s website. The true thickness of the copper zone has not yet been established.

The surface drilling results delivered from six holes to date continue to confirm the presence of native and oxide copper mineralization including some chalcocite copper minerals over significant widths in areas west of the main underground workings. Management is pleased with this relatively new information collected as the previous operators did not sample and assay these skarn zones and sections for copper and gold. Rather, they focused more on high-grade gold mining extraction from the underground 600-foot level. The next three surface holes of 12 drill holes remaining have been logged, sampled and shipped to ALS Minerals Laboratory in North Vancouver, British Columbia for analysis.

Broadway has also completed drilling of six underground holes. Assay results will be released once received and reviewed, with two of the holes already at the lab.

The drill is currently idle at C17-19 waiting on the completion of a down-the-hole geophysical survey due to the presence of semi and massive sulphides visually identified in a number of underground and surface drill holes. The survey known as Mise ala Masse will assist management in tracing the sulphide zone(s) for targeting future drilling. The survey will also assist with the interpretation of the deep IP survey completed late last year. Results of the Mise ala Masse survey will be released once completed.

The Madison Project is permitted for exploration and contains a past-producing underground mine that Broadway has refurbished. While actively expanding known copper and gold zones that remain open for development in the mine’s perimeter, the company’s exploration program has identified new anomalies across its extensive land package that provide compelling drill targets that are believed to be associated with large-scale porphyry mineralization.

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