Brigus Gold drills 26.75 meters of 40.71 g/t gold
“This high grade test hole along with underground exploration holes drilled earlier this year indicate the continuity of the Black Fox deposit both down dip and along strike,” said Brigus VP of Exploration Howard Bird. “We are very encouraged by the high grades and thickness of ore intersected in 2013. In 2014 our exploration team will focus on infill and expansion drilling from underground to increase the gold reserves and life of mine at Black Fox.”
Brigus acquired the Black Fox Mine in 2010 and produced 77,374 ounces of gold during 2012. In August the company raised 2013 guidance to between 95,000 and 105,000 ounces. All-in cash costs are anticipated to average $1,100 per ounce for the remainder of the year.
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