The drillhole returned 21.1 metres of 6.89 g/t gold, which includes higher-grade intercepts, such as 2 metres of 4.81 g/t gold, and 11.8 metres of 11.32 g/t gold.
The future of the mine in Canada’s Northwest Territories remains uncertain after the company announced that a deal to sell it to a subsidiary owned by its parent company, The Washington Companies, has fallen apart.
The deal includes the sale of Barrick’s mining claims, historical resources, permits and water rights in the 1,500 acres adjoining Bullfrog’s project in Nevada.