Alberta to introduce ‘modern’ coal policy, including ban on new open-pit projects
The new policy will not affect those qualified as "advanced coal projects" such as the controversial Grassy Mountain mine.
Toronto-based Barkerville Gold Mines has released the drilling results from the ongoing Cow Mountain program at its flagship Cariboo gold project near the town of Wells. The company says the results demonstrate the continuity of high grade gold mineralization within vein corridors and extensions down dip and down plunge.
The results trace mineralized vein corridors at Cow Mountain extending the high grade intercepts continuously to vertical depths of 400 metres. Previously the mineralized material was modeled to an average depth of 250.
Recent highlights include 7.06 g/t gold over 16.9 metres in hole CM-18-057, at approximately 50 metres vertical depth. CM-18-071 intersected 11.84 g/t gold over 7.5 metres, extending mineralization approximately 60 metres down drip from an existing modelled vein corridor. CM-18-071 included higher grade intercepts of 98.30 g/t gold over 0.5 metre, and 30.30 g/t gold over 0.8 metres. CM-18-101 intersected 29.10 g/t gold over 0.5 metre at a depth of 400 metres from surface.
The Cow Mountain property hosts the historic Cariboo gold mine that produced 621,000 total oz. of gold from 1933 to 1959.
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