Barrian Mining Corp

Barrian Mining completes IP/res survey at Bolo

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Mr. Maximilian Sali reports

BARRIAN MINING CORP. PROVIDES UPDATE ON BOLO WORK PROGRAM

Barrian Mining Corp. has provided an operational update at its flagship Bolo gold property in Nevada.

Barrian has recently completed its induced polarization and resistivity (IP/res) survey at Bolo. The survey comprises a total of approximately 11 line kilometres over nine lines targeting the mine fault and other mineralized structures that host the Uncle Sam, South mine fault and Northern Extension mineralized zones. The company expects to receive final inverted data from the geophysical contractor, Las Vegas-based KLM Geoscience LLC, within the next week, and will issue further news following data interpretation by Apex Geoscience Ltd. and Barrian director and qualified person Kris Raffle, PGeo. The data will provide additional drill positioning and target locations for the upcoming 2019 exploration program.

Maximilian Sali, chief executive officer, commented: “Barrian remains on schedule and on budget in preparation for our summer drill program of around 1,800 metres where previous drill results have shown mineralization from surface. We are currently awaiting dates from the landowner to provide accommodations to the drill team on site which will save significant costs instead of commuting back and forth from Tonopah in terms of time, fuel and hotel expenses. We look forward to announcing the drill dates in the near future.”

Drill permits and water rights

All necessary permits have been confirmed to be in good standing. The company is currently relying on an approved U.S. Department of Agriculture (USDA) forest service plan of operations (PoO) for mining activities issued Sept. 27, 2012, to Allegiant Gold (U.S.) Ltd., the optionor of Bolo. The current plan allows for drilling of up to three reverse circulation (RC) or core holes on up to 79 drill sites, in addition to the construction up to 7.6 km of new temporary access roads (approximately 7.6 hectares of total disturbance), and improving 1.3 km if existing roads (phase 1). The approved plan also allows for further road construction in subsequent phases of up to 25 km and up to four drill staging areas (approximately 28 hectares total disturbance) over an estimated project life of a maximum of 10 years. It is a condition of the permit that all project related disturbances be reclaimed at the end of the project life.

In addition to being fully permitted for the upcoming drill program Barrian has signed a contract with a nearby property owner and water rights holder to provide water/water hauling services sufficient for all planned 2019 drilling activities.

About Barrian Mining Corp.

Barrian Mining is a new gold exploration company focused on acquiring and advancing precious metal projects in the United States. Barrian’s flagship Bolo project, located 90 km northeast of Tonopah, Nev., hosts Carlin-type gold mineralization and is fully permitted for upcoming exploration programs including drilling. Notable historical drill results include 1.28 g/t gold over 133 metres from surface. In addition, Barrian has an earn-in option to acquire 100 per cent of the Sleeper project which is located in the historic Mogollon epithermal silver-gold mining district of New Mexico.

Qualified person

The scientific and technical information contained in this news release as it relates to the Bolo property has been reviewed and approved by Kristopher J. Raffle, PGeo (B.C.), principal and consultant of APEX Geoscience Ltd. of Edmonton, Alta., a qualified person as defined in National Instrument 43-101 — Standards of Disclosure for Mineral Projects.

We seek Safe Harbor.

Disclaimer

© 2010 Junior Gold Report/© 2018 Stock Trends Report

 

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