Brigadier Gold to perform IP survey over Incamayo

2010-12-15 09:50 PT - News Release
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BRG Close 2010-12-14 C$ 0.33

Mr. Grant Hall reports

BRIGADIER GOLD LTD.: EXPLORATION UPDATE

Brigadier Gold Ltd. has released a progress report with regard to exploration work it is currently carrying out on the Incamayo gold-copper property near Salta, Argentina.

Exploration work began in mid-November, 2010. To date, a camp has been constructed, access roads are in the process of being upgraded and all permits are in place to begin a drill program in early 2011, pending results of mapping and geophysical programs.

Grant Hall, president of Brigadier Gold, states: "Now that we have completed our business amalgamation and seen strong support in our financings, we are excited to be working on the property. I could not be more pleased about the conduct and efficiency of our early exploration efforts. We look forward to evaluating the results from the geophysical surveys and the beginning of our initial drill program in January of 2011."

The last exploration work that was done on the property was the drilling of nine reverse circulation holes in 1997 by Mansfield Minerals. At the time that this exploration was being carried out in 1997, the prices of gold and copper were less than 25 per cent of their respective prices today. Information about Mansfield's exploration work and results is available on SEDAR.

Brigadier Gold has been remapping and resampling the trenches excavated by Mansfield Minerals (over 5,000 metres) in order to gain a better understanding of the geological and structural controls of the mineralization.

Argali Geophysica EIRL, based in Antofagasta, Chile, has been contracted to carry out both a 40-kilometre induced polarization (IP) survey and a 65-kilometre magnetometer survey over the property. No previous geophysical surveys, other than magnetometer surveys, are known to have been carried out on the property, and it is anticipated that these new surveys, combined with the continuing mapping, will focus drilling in 2011.

The December portion of the IP survey will initially be concentrated over the critical portion of the property in the vicinity of the Mansfield Minerals discovery hole (RCCG 97-7). It is anticipated that the balance of both of these surveys will be completed in early January, 2011.

Diamond drilling is scheduled to begin in January and will be carried out by a Salta-based Canadian drill contractor. Drilling will focus on the area of discovery hole RCCG 97-7. Further drilling will be expanded as interpretations of the geophysical data are completed.

Initial exploration work at Incamayo has confirmed that the alteration zone, approximately five km in length and 0.5 km in width, is larger than the zone of mineralization and is obviously epithermal in origin. Mapping to date suggests that the mineralization seen in old trenches may be part of a series of stacked lenses. If this interpretation is correct it may have positive exploration implications for the rest of the property. The IP survey should provide vital information to confirm this interpretation.

At Golden Minerals' El Quevar property, 50 kilometres to the northwest of Incamayo, a series of stacked mineralized zones exhibit a roughly east-west direction. Mineralization at Incamayo may have a similar orientation.

Exploration at Incamayo is being conducted by personnel of Discovery Consultants of Vernon, B.C. Thomas H. Carpenter (PGeo) of Discovery is the qualified person responsible for the preparation of this release.