BCGold Corp.

Precious metals are on the rise, but BCGold Corp. knows there's a lot more to being a junior company than exploration projects

by Breanne Massey

BCGold Corp. is a small copper and gold exploration company with a large property portfolio.

The Vancouver-based office has exploration projects in B.C. and Yukon, but the company's most prized possession is the historical Engineer Mine Property in northwestern B.C. The high-grade gold Engineer Mine reached peak production during the middle of the 1920s and after a decade of success, production came to a halt.

Now, BCGold Corp. owns 75 per cent of the Engineer Mine property and they have an option to earn 100 per cent interest by next January. BCGold Corp. has spent roughly $4 million on exploration, acquisition and expenditures. The company is actively exploring and advancing  the property to sustainable, near-term small-scale production.

“Engineer Mine is BCGold’s current focus," said Brian Fowler, the president and CEO of BCGold Corp. "We’ve identified a very nice high-grade pod that we intend to mine and mill as a bulk sample this year with the expectation of producing between 1,500 and 3,000 ounces of gold. We also have over 30 properties that we are actively seeking to option and joint venture to qualified  exploration partners." 

BCGold Corp.'s Vancouver location is considered the centre of the Canadian mineral resource venture capital universe. The company has a highly qualified exploration team with copper and gold exploration and development experience on a global basis. The company is a public company that trades on the TSX Venture Exchange under the symbol BCG.

"In addition to this, Vancouver is  a great place to live and  work, and has  the largest concentration of companies in the sector. If you’re in the junior mining game, Vancouver is the place to be,” Fowler said.

For more information, visit the BCGold Corp. website.

BCGold Corp. Engineer Mine Property Exploration & Development Programs

  • $4 million invested in exploration/acquisition of the Engineer Mine Property  since 2006

Metallurgical Work

  • Gekko Systems of Ballarat, Australia, conducting ongoing metallurgical studies consisting of bench-scale gravity and leach amenability tests on mill feed and table concentrate from 2011 program
  • 2011 Exploration, Bulk Sampling & Test Milling Program
  • $1.1 million program completed based on Snowden Mining Industry Consultants Ltd.'s recommendations for two-phase, $10.2 million exploration and development program to increase the mineral resource and take the property to small-scale production in the near term
  • 30-tpd pilot mill circuit refurbished and optimized
  • Six composite bulk samples mined (400 tonnes) from Engineer vein (five underground) and Double Decker vein (one surface), 246 tonnes milled
  • Wire gold in roscoelite and/or fine gold in quartz observed in all six bulk samples, continuous streams of fine (+/- coarse) gold observed on finishing table for three (view Bulk Sampling & Milling Presentations)
  • Bulk sample concentrate assays up to 6,485.8 g/t Au (189.2 oz/ton)
  • Gekko Systems of Ballarat, Australia, conducting ongoing metallurgical studies consisting of bench-scale gravity and leach amenability tests on mill feed and table concentrate from 2011 program
  • 600-metre trench excavation completed on Boulder, Shaft, Double Decker and Shear “B” zones, all of which were either exposed or partially developed 120 metres vertically below on 5 Level in the 1920s; exposed veins geologically mapped and channel sampled
  • 600 line kilometre SkyTEM deep penetrating Time-Domain electromagnetic/magnetic airborne survey conducted over the Engineer and Gold Hill properties; numerous exploration targets defined for followup

2010 Exploration

  • 1,100-metre underground drilling program confirmed high-grade depth extensions to Engineer (129.0 g/t Au and 121.63 g/t Ag over 1.00 metre) and Double Decker (22.32 g/t Au and 17.59 g/t Ag over 0.96 metres) veins
  • Snowden commissioned to complete NI 43-101-compliant technical report and mineral resource estimate

2008 Exploration

  • 1,850-metre diamond drill program defined Shear Zone “A” structure over 400-metre strike length with near-surface drill intercepts up to 0.45 g/t Au over 34 metres

2007 Exploration

  • $500k program entailing surface and underground mapping and sampling on 5 Level, 3D mine modelling (VULCANTM), exploration targeting and resource estimation

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