Brigadier Gold Limited

Brigadier Gold Limited

April 24, 2007 09:00 ET

Brigadier Gold (TSX-V: BRG) Announces Positive Drill Results From Larder Lake Property

Assays grade up to 5.31 g/t gold over 2.35 metres, follow-up program planned

TORONTO, ONTARIO--(CCNMatthews - April 24, 2007) - Brigadier Gold Limited ("Brigadier" or the "Company") (TSX VENTURE:BRG) today reported that drilling at its Larder Lake Project near Larder Lake, Ont. has intersected significant gold grades, including 5.31 g/t gold over 2.35 metres and 2.79 g/t gold over 8.3 metres, including 5.11 g/t over 1.5 metres. With these positive results, the Company is planning a more in-depth work program to begin in the second quarter, including additional surface work and further drilling.

"We're very encouraged by the positive results from this first phase of drilling," said Herb Kokotow, President and CEO. "These results, combined with historical drilling that returned significant gold grades over substantial widths and the proximity to our M-Island property where drilling has returned up to 6.17 g/t gold over 2.9 metres, including 18.9 g/t gold over 0.8 metres in similar rock types, provide us with the confidence to commit to a substantial exploration program this spring and summer."

Brigadier initiated the six-hole diamond drilling program comprising 865 metres of drilling earlier this year as a follow up to a geophysical (induced polarization) survey done in late 2006. Holes B07-01 and B07-02 tested strong IP anomalies which were found to be caused by graphitic sediments and only low gold values were returned. Hole B07-03 tested another strong IP anomaly on the edge of Larder Lake which was apparently caused by sulphide mineralization. This hole cut 0.61 g/t gold over 4.1 metres, between 31.5 m and 35.6 metres depth, which includes a 0.5 metre section running 1.48 g/t gold.

The remaining three holes, B07-04, B07-05 and B07-06, were drilled into an area where drilling by previous operators had cut 1.31 grams/tonne over a length of 30.18 metres. Hole B07-04 intersected 5.31 g/t gold over a 2.35 metre length from 31.35 metres to 33.7 metres, and hole B07-05 cut 2.79 g/t gold over 8.3 metres from 82.5 metres to 90.8 metres, including 5.11 g/t over 1.5 metres. Hole B07-06 was drilled further south and did not intersect gold values; it is believed that a mafic intrusive body cuts off mineralization to the southeast.

All of the significant gold intersections in the area are associated with highly feldspathic (syenite, feldspar porphyry) rock units similar to the rocks exposed on the company's M-Island showing which lies northeast in Larder lake. M-Island has exposed visible gold in a buff feldspathic rock. As noted above, drilling at M-Island has intersected significant gold values, as has trenching which returned up to 4.16 g/t gold over 3.7 metres, including 8.98 g/t gold over 1.2 metres. Further work is planned for the mineralized area and may include stripping, geochemical surveying and drilling. The 2007 drill area is located approximately 1,800 metres south of the original McCrea gold showing, where the highest historical gold value reported from trenching was 8.43 g/t. The McCrea gold showing has never been drill tested and lies about 800 metres southwest of M-Island.

All analyses were conducted by Laboratoire Expert Inc. in Rouyn-Noranda, Quebec; all intervals are core lengths. The program was supervised by Larry Hobbs, P.Eng., a qualified person under National Instrument 43-101.

About Brigadier Gold

Brigadier Gold Limited is a junior exploration company focused on gold in Canada's historical mining camps. The Company's key assets are an option to earn up to an 80% interest in the Hunter Mine, a former gold producer in the Porcupine Mining Camp near Timmins, Ont. from which more than 60 million ounces of gold has been produced from a number of deposits including the Dome, Hollinger, Pamour and Hoyle Pond mines; and the Kirkland Lake-Larder Lake and Matachewan areas where over 37 million ounces of gold have been produced from 25 mines. Brigadier has 27,058,468 common shares outstanding and trades on the TSX-V under the symbol BRG.

This press release includes certain "Forward-Looking Statements." All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of Brigadier, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Brigadier's expectations are disclosed under the heading "Risk Factors" and elsewhere in Brigadier's documents filed from time-to-time with regulatory authorities.

The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Brigadier Gold Limited
    Herb Kokotow
    President & CEO
    (416) 410-7956
    (905) 707-1520 (FAX)