VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 2, 2008) - BCGold Corp. ("BCGold" or the "Company") (TSX VENTURE:BCG) announces that all assay results have been received from its diamond drill program conducted on the Company's Engineer Mine Property, situated 32 kilometres west of Atlin, British Columbia, and 140 kilometres south of Whitehorse, Yukon. In July 2008, BCGold drilled 7 holes in 1,846 metres, targeting a 400 metre long segment of Shear Zone "A" for low-grade, bulk tonnage gold mineralization. Drilling confirmed that Shear Zone "A" is a major structural feature that hosts significant widths of hydrothermal breccia with low grade gold and silver values. Assayed widths and grades are tabulated below in Table 1. For review of additional figures and technical details, please visit BCGold's website at www.bcgoldcorp.com/main/?Exploration.
Table 1
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Engineer Mine Property
Shear Zone "A" 2008 Drill Results
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Includes
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Core
Breccia/Vein Zone From To Length Au
Hole_ID True Width (m) (m) (m) (m) g/t
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16.5 44.4 51.0 6.6 0.30
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21.0 106.6 115.1 8.5 0.23
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BCGE-08-01 15.0 168.2 172.6 4.4 0.28
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2.1 226.0 229.4 3.4 0.46
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10.9 259.4 265.0 5.6 0.56
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1.2 247.4 249.9 2.5 0.55
BCGE-08-02 --------------------------------------------------------
23.6 318.0 338.1 20.1 0.48
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BCGE-08-03 70.9 40.9 45.3 4.4 0.39
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BCGE-08-04 1.3 192.3 194.7 2.4 0.58
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8.4 202.6 205.7 3.1 0.64
BCGE-08-05 --------------------------------------------------------
26.7 226.5 258.5 32.0 0.44
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BCGE-08-06 Hole abandoned in overburden
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BCGE-08-07 43.0 29.0 63.0 34.0 0.45
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Shear Zone "A" is a northwest-trending splay of a regional fault with a protracted deformation history. BCGold has demonstrated by drilling that Shear Zone "A" hosts multiple phases of hydrothermal breccia and quartz-carbonate veins. The historically producing high-grade gold veins on the Property, the Engineer and Double Decker veins (produced 560 kilograms of gold at a realized grade exceeding 39 g/t gold) are tensional veins associated with the latest reactivation of Shear Zone "A". BCGold's 2008 drill program targeted Shear Zone "A" at its intersection with the northernmost extent of the high-grade gold veins, partially testing the hydrothermal breccias-bearing structure between 50 - 250 metres below surface. All 6 completed holes were successful in hitting the hydrothermal breccia and quartz vein zone.
"While the drill results for Shear Zone 'A' fell short of management's expectations in terms of gold grades, we are highly encouraged by the size and continuity of the Shear Zone 'A' hydrothermal breccia system and the exploration implications. These results do not decrease the potential for more high-grade gold in veins at the Engineer Mine Property. BCGold will review these results in conjunction with other, on-going studies over the next few months to determine the best way to proceed at the Engineer Mine Property," cites Brian P. Fowler, P.Geo., President and Chief Executive Officer of BCGold.
Shear Zone "A" Hydrothermal Breccia Zone
The Shear Zone "A" hydrothermal breccia zone is up to 40 metres wide at its southern end, and branches out to the north into several fingering bodies and individual breccia lenses ranging from 20 centimetres to 30 metres wide. The strongly sheared and silicified zone that hosts the veins and breccia bodies is 80 metres wide. It is localized along the northern boundary of a deformation zone approximately 150 metres wide that makes up the older Shear Zone "A" corridor. Mineralization in Shear Zone "A" remains open along strike and at depth.
Quality Assurance/Quality Control
All mineralized diamond drill core was logged, split by diamond saw, and sampled in geologically constrained intervals. One split section of all mineralized core is retained for future reference. Samples were delivered directly to the Eco Tech sample preparation facility in Whitehorse by the Company's expeditor with chain of custody documented.
Assays were completed by Eco Tech Laboratories Ltd. in Kamloops, a subsidiary of the global Alex Stewart Goup, BC Certified Assayers and an ISO 9001-2000 certified laboratory. Gold assays were by fire assay on a 30 g sample with atomic absorption spectroscopy (AAS) determination. Samples returning greater than 3 g/t gold were re-assayed by fire assay with a gravimetric measurement. In addition, multielement geochemical analyses by induction coupled plasma optical - emmision spectroscopy (ICP-OES) were completed on each sample. Silver results from the ICP-OES analyses greater than 30 ppm were assayed using atomic absorption spectroscopy.
In addition to the laboratory's internal quality control program, BCGold has put in place a rigorous QA/QC program including the systematic insertion of certified reference materials, duplicate samples and blanks.
The technical contents of this release have been reviewed by Gary Lustig, P. Geo., of G. N. Lustig Consulting Ltd., a Qualified Person pursuant to NI 43-101.
About BCGold Corp.
BCGold Corp. (TSX VENTURE:BCG) is a Vancouver-based junior resource company focused on base and precious metal 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.
On behalf of the Board of Directors,
Brian P. Fowler, P. Geo., President & CEO |
