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(BRG-TSXV) Awaits Assay Results From Initial Drilling On The Incamayo Project In North West Argentina


March 29, 2011 - London

Brigadier Gold Limited / (BRG-TSXV) Awaits Assay Results From Initial Drilling On The Incamayo Project In North West Argentina . Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement.

March 29, 2011 (Toronto, Ontario) - Brigadier Gold Limited (BRG-TSXV)

Bigadier Gold Limited's drilling contractor, Falcon Drilling (Barbados) Succursal Argentina, has, since the commencement of drilling in early March, completed approximately 641 metres of the planned 1500 metres on the Incamayo project in northwest Argentina.

An initial two holes have been completed to test the northern end of known mineralization on the property, with the first hole at -60° twinning CG97-07 (the best of nine holes drilled on the property in 1997 by Mansfield Minerals) and the second hole drilled at an angle of -50° to aid in defining further parameters to the mineralization.

The nine holes drilled by Mansfield were originally designed to test for economic grade mineralization below several well-mineralized sections encountered in trenches excavated during the previous exploration season. The Mansfield discovery hole (CG97-07), located 600 metres to the northeast of other mineralized holes, was reported in a Mansfield November 14, 1997, news release on Stockwatch (www.stockwatch.com) and is available on Sedar (www.sedar.com).  

Brigadier's DDHCG11-01 has intersected massive to disseminated mineralization over a 53.0 metre interval from 106.3 metres to 159.3 metres in depth that matches the intersection as described in the original Mansfield reverse circulation hole, including a 7.0 metre interval from 106.3 to 113.3 metres containing numerous intervals of massive to semi-massive sulphide veins. Below 160 metres disseminated sulphides occur to the end of the hole at 298.5 metres with an interval of sulphide breccia from 288.35 to 289.33 metres.

The second hole completed (DDHCG11-02) was drilled at -50° to overcut DDHCG11-01, and predominantly intersected disseminated mineralization. Silicified breccia and variably silicified sandstone occur from 18.4 to 25.6 metres with strong vuggy iron oxidation. From 80.8 - 127 metres occurred variable silicification with breccias and up to 8% disseminated and massive sulphides. Vuggy goethitic oxidation is often associated with the breccias and silicification. Hole DDHCG11-02  did not cut the massive to semi-massive mineralization as seen in DDHCG11-01. This may be an indication that mineralization is improving with depth.

Results of the IP survey, which was commenced on the property by Argali Geophysica of Antofagasta, Chile in December, 2010, and was completed prior to the start of the drill program, show that the above holes are located at the southeastern edge of a large, untested chargeability anomaly.

As noted in Brigadier's February 8, 2011, news release on Stockwatch (www.stockwatch.com) and  available on Sedar (www.sedar.com), a review of the 1997 drill program had determined that many of the 6 drill holes on the southern part of the property were oriented incorrectly to test the mineralized zones exposed at surface.

Hole DDHCG11-03 is located approximately 600 metres southwest of holes 1 and 2 and was drilled at -60° and designed to cut a series of mineralized (auriferous) silicified zones exposed on surface and in trenches. This style of mineralization differs markedly from that seen in DDHCG11-01 and 02 and probably represents a different mineralizing event.

DDHCG11-03 intersected several zones of mineralization comprising quartz stockworks with ubiquitous iron oxides after sulphides, the most important being from 0 to 4 metres, 17.2 to 27.6 metres, 32.4 to 40.3 metres and 69.1 to 80.0 metres. From 82.5 to 83.9 metres and from 106.5 to 109.2 metres occur numerous narrow veins of massive to semi-massive sulphides. This hole is located in an area where 4 Mansfield holes are believed to have been drilled to test surface mineralization.

Assay results on the above holes are pending and will be reported once received. Drilling is continuing apace.

Qualified person and quality assurance/quality control: Tom Carpenter, BSc, PGeo, of Discovery Consultants, and a qualified person as defined by National Instrument 43-101, has supervised the preparation of the scientific and technical information that forms the basis for this news release. Mr. Carpenter is not independent of Brigadier by virtue of being a holder of incentive stock options.

Brigadier's work programs are supervised by Mr. Carpenter, who is responsible for all aspects of the work, including the quality control/quality assurance program. On-site personnel at the project rigorously collect and track samples which are then sealed and shipped via bonded courier to the facilities of Acme Analytical Laboratories (Argentina) S.A. in Mendoza, Argentina, for analysis. Representative blank, duplicate and standard samples are forwarded to Acme for quality control purposes.

Acme's quality control system complies with International Standard ISO 9001:2000 requirements. Analytical accuracy and precision are monitored by the analyses of reagent blanks, reference material and replicate samples. Quality control is further assured by the use of international and in-house standards.

For further information, please visit our website at: www.brigadiergold.com or contact: Grant Hall, President & CEO: (Tel): (416) 410-7956, (Fax): (905) 707-1520 or email: info@brigadiergold.com

 

 This press release may contain "forward-looking information" within the meaning of applicable Canadian securities legislation.  All statements, other than statements of historical fact, included herein may be forward-looking information.  Generally, forward-looking information may be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "proposed", "is expected", "budgets", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "goal" or "believes", or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved.  This forward-looking information reflects the Company's current beliefs and is based on information currently available to the Company and on assumptions the Company believes are reasonable.  These assumptions include, but are not limited to, the actual results of exploration projects being equivalent to or better than estimated results in technical reports or prior exploration results, and future costs and expenses being based on historical costs and expenses.  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information.  Such risks and other factors may include, but are not limited to: the early stage development of the Company and its projects; general business, economic, competitive, political and social uncertainties; commodity prices; the actual results of current exploration and development or operational activities; competition; changes in project parameters as plans continue to be refined; accidents and other risks inherent in the mining industry; lack of insurance; delay or failure to receive board or regulatory approvals; changes in legislation, including environmental legislation, affecting the Company; timing and availability of external financing on acceptable terms; conclusions of economic evaluations; and lack of qualified, skilled labor or loss of key individuals. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  Accordingly, readers should not place undue reliance on forward-looking information.  The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

 

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Brigadier Gold Limited



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