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Burin Gold announces a first phase 10,000 m drill program at Hickey’s Pond, appoints Exploration Manager, and provides exploration update

VANCOUVER, British Columbia, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Burin Gold Corp. (“Burin Gold” or the “Company”) is pleased to announce that it has signed a contract with RNR Diamond Drilling to provide diamond drilling services and intends to start its first-phase 10,000 m drill program before the end of January. The Company has appointed Jeffrey Burke PGeo as Exploration Manager to manage exploration activities, including diamond drilling, on the Hickey’s Pond Gold Project. The Company’s previously announced airborne geophysics program is currently ongoing.

Diamond drilling

RNR Diamond Drilling (“RNR”), of Springdale, Newfoundland, has been contracted to provide the Company with diamond drilling services for the 2022 exploration program. A 10,000 m diamond drilling program is planned for this first phase of resource-level drilling at Hickey’s Pond. Drilling will initially focus on expansion of the footprint of existing mineralisation and target higher-grade intersections around the Hickey’s Pond showing. This phase of drilling is fully permitted.

The Company’s initial drilling in late 2020 demonstrated the potential for both large tonnage and higher-grade mineralisation at Hickey’s Pond, with a best result of 10.8 m of 4.43 g/t Au within a larger interval of 58.25 m of 1.12 g/t Au in hole HP-20-002 (see Bonavista Resources news release of February 24, 2021). Overall, the footprint of the alteration system around Hickey’s Pond is over 7 km in strike length, and less than 10% of this has received even cursory drill testing. For Burin Gold’s upcoming drilling program, both in-fill drilling near the historical Hickey’s Pond showing as well as drill holes along the strike extension of the alteration system and deeper drill holes are planned.

RNR will supply up to two diamond drill rigs to the Company. RNR personnel have already mobilised to the project and have begun access trail and site preparation. The Company anticipates that drill mobilisation and the start of drilling operations will commence before the end of the month, subject to any new COVID19-related restrictions that may be imposed by the Government of Newfoundland & Labrador.

The Company has secured the necessary facilities and infrastructure for core logging and sample preparation in Swift Current, NL, located an approximately 15-minute drive from the trailhead to Hickey’s Pond. Staffing and drilling program preparation is currently underway, and the Company expects to have a strong technical team on site.

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Burin Gold announces a first phase 10,000 m drill program at Hickey’s Pond, appoints Exploration Manager, and provides exploration update VANCOUVER, British Columbia, Jan. 17, 2022 (GLOBE NEWSWIRE) - Burin Gold Corp. (“Burin Gold” or the “Company”) is pleased to announce that it has signed a contract with RNR Diamond Drilling to provide diamond drilling services and intends to start …

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