As gold bounces BGADF is a leading junior gold miner ready to run

Published: Wed, 03/10/21


 

Subscribers,

Gold prices are soaring over the past few days and we think a past winner BGADF could bounce big with it.

The last time we alerted BGADF it delivered almost 30% short term gains. This time could be even bigger.

We are keeping BGADF on our radar for the rest of the week as we believe there could be more short term upside, possibly to the $0.30 level, the recent high from back in September, especially with the rock solid support at the $0.15 level.



 

Brigadier Gold Limited was formed to leverage what we believe will be the next major bull market in the natural resource sector, particularly precious metals. Our mandate is to acquire undervalued and overlooked projects with demonstrable potential for advancement. 

Led by a management team with decades of experience in mineral exploration and capital markets development, we are focused on advanced exploration opportunities in politically stable jurisdictions.

Picachos Project

Brigadier’s 100% controlled Picachos project is a 3,954 hectare gold and silver prospect located in Sinaloa State, Mexico

Prior to 2002, the mineral tenure was fractured by several small concessions until they were assembled into a contiguous land package between 2003 and 2012.

Picachos hosts over 160 underground historic mines, workings and prospects which have yet to undergo modern, systematic exploration and drilling.

Primary targets include under-explored gold veins within the historic San Augstin mine and La Gloria, a historic mine with rock samples containing 21.1 g/t Au and 6 g/t Ag across 0.8m (Sample #15659)

Overview

The 3954.1 Ha Picachos Property overlaps a significant porphyry system centered in Southern Sinaloa State, Mexico, near geographic co‐ordinates 105º45’W and 23º12’ N. Mining concessions that define the Property were acquired by staking between 2003 and 2012 over the former “Viva Zapata” Mineral Reserve, a project that was staked and explored by the Servicio Geologico Mexicano in the 1980’s (Bon‐Aguilar, 1987 and Rodriguez‐Rodriguez et al., 1984). 
 
Geographically, the Property overlaps part of the western foothills of the Sierra Madre Occidental, one of the world’s largest silicic igneous provinces (Aranda‐Gomez et al.,2003). Regional geochemical work by the SGM at the turn of the millennium highlighted the Reserve as one of the largest contiguous anomalies for gold and base metals in southern Sinaloa and Northern Nayarit.

Detailed Gold Geochemistry in Stream Sediments

Picachos is situated on one of the largest high-amplitude contiguous anomalies for gold and base metals in the western Sierra Madre with values up to 6841 ppb Au in fine-fraction, active channel stream sediments
Anomalous drainages are on the northeasterly trending Cocolmeca Fault (San Agustin historic mine) and northwesterly trending veins related to Oligocene and Miocene extension (El Placer, Mirador).
 

Killala Lake Project

Brigadier Gold Ltd. has entered into an option agreement with Rudolf Wahl and Mike Dorval, together doing business as the Wahl Group, to acquire a 100-per-cent interest in the Killala Lake South diamond property, consisting of 46 cell claim units located in Killala Lake, Foxtrap Lake area townships, Thunder Bay mining district, Ont., subject to reservation of royalties in favour of the Wahl Group.

Killala Lake Area Madonna Diamond Dyke

A 1 tonne sample was taken and processed at Kennecott DMS plant in 2007-2008. Over sixty macro diamonds, including eight commercial sized diamonds were recovered. Colours included white, green, yellow, brown and grey diamonds with an average grade of 0.23 carats for the first sample taken. About half of the one tonne sample was taken from the fine-grained, chilled margin portion of the dyke from which one would expect a low diamond carrying potential.
 
 The dyke is approximately 1 to 2 meters wide at outcrop with strike/dip-direction at 009/065. The rock is macro-cryptic and dark comprised of approximately 20% olivine (up to 0.5cm), up to 2% garnet with reaction rims (0.2 cm), and minor cox in dark grey crystalline matrix. Magnetic susceptibility values ranged up to 10 SL. Some highly weather/baked country rock xenoliths were present. The dyke is layered or branded and contains both macro-crystic portions and non-macro-crystic bands, which are generally closer to the contact. The Majority is macro-cryptic. The dyke can be traced in outcrop for approximately 50 meters.
 
The dyke intrudes into granitoids with <0.5 SI magnetic susceptibility, and dips 65 degrees at the hanging wall and 78 degrees at the footwall, so the diamond bearing dyke will have a larger width at depth.
 
 A ground magnetic survey and MMI survey was created within the surrounding area of the diamond dyke. These survey’s outlined a large kimberlite pipe target just to the south of the diamond dyke and other kimberlite targets within close vicinity of the diamond bearing dyke.


Get BGADF on your trading screen immediately, there is literally no time to waste.

This company deserves your attention, and we think there could be plenty of upside given the small market cap and news. Not to mention the trading history of BGADF suggests that quick gains are possible.



All the best.

SmallCapMomo.com

picks@smallcapmomo.com
 
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Remember our key trading rules when trading. Capital preservation is key. Keep your stops tight, and if things don't go your way, cut your losses and look for another opportunity.
 

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