Brigadier Continues Exploration at Picachos High Grade Gold-Silver Property – Drilling Under Recently Discovered Outcrop Returns Wide Intercept. New CEO/President appointed

Vancouver, British Columbia – April 1, 2021 – Brigadier Gold Limited (the “Company” or “Brigadier”) (TSXV: BRG|FSE: B7LM|USA: BGADF) continues to drill its Picachos gold-silver project, Sinaloa, Mexico (the “Picachos Project”, “Picachos” or the “Property”). To date 4538 metres of the planned 5000-meter phase-1 diamond drill program has been completed in 43 holes (Figure 1) with assays for 15 holes pending.

Currently, the drill is testing Punto Cinco, a recently discovered outcrop of the Cocolmeca Vein located about 1.2 kilometres northeast of San Antoñio (Figure 3).

“I don’t think I’ve ever seen this much textural complexity of quartz in one drill hole before”, commented Geologist and Qualified Person, Michelle Robinson. DH-BRG-043 from Punto Cinco is definitely part of a significant mineral chute, and I look forward to interpreting the assay data when it is ready.”

The principal target of the phase-1 campaign was the ENE trending Colcomeca Vein system that trends for more than 7 kilometres along the diagonal of the Property. This structure was tested in the winter of 2020 near the San Agustín Mine portal, and under the historic San Antoñio Mine 2.6 kilometres northeast of San Agustín. In the spring of 2021, Brigadier tested under the historic Guayabo Mine, located 180 metres southwest of San Antoñio (Figure 2).

Mineralization at Guayabo is hosted near the faulted contact of andesitic volcanics of probable Jurassic age that are intruded by megacrystic gabbro of probable Early Cretaceous age with intermediate ignimbrites that are correlated to the Socavon member of the Late Cretaceous Tarahumara Volcanic arc. Several stages of mineralization are apparent from inspection of the drill core: (i) pervasive silicification with disseminated sulfide that is oxidized to hematite, (ii) crustiform quartz veining with sulfides, and (iii) cockade breccias in the central part of the structure. These breccias consist of angular rock fragments that are altered to a soft black mica on fragment margins. These altered rock fragments are surrounded by mamillary quartz interbanded with sulfide that is oxidized to hematite and oxidized copper minerals such as chrysocolla.

At Punto Cinco, the Socavon member is faulted against rhyolitic volcanics and ignimbrite that probably correlate to the Paleocene-Eocene Productive Volcanics mapped at other locations in the western Sierra Madre such as the Tayoltita gold-silver mine in Durango. At Punto Cinco, rocks altered by pervasive silicification and deposition of disseminated sulfide were brecciated to aggregate breccia (a breccia formed of quartz fragments) prior to mineralization by crustiform quartz. Like Guayabo, the central part of the structure is marked by cockade breccia, angular rock fragments with crustiform mammillary bands. At Punto Cinco, these bands include delicate encrustations of zonal rose quartz interbanded with oxidized copper minerals and hematite.



Cross-Section of DH-BRG-033 looking east-northeast under the historic Guayabo Mine. La Cocolmeca Vein is located near the faulted contact of gabbro of probable Early Cretaceous age against ignimbrite correlated to the Socavon member of the Tarahumara volcanic arc. Colorin Vein is a northwesterly trending vein that will be introduced in a later press-release. Data from MTA-19712 are historic.


Cross-Section of DH-BRG-043 looking east-northeast under trench BRG-121605. This section is located 1.4 kilometres northeast of DH-BRG-033. La Cocolmeca Vein is located near the faulted contact of ignimbrite of Campanian age against ignimbrite correlated to the Productive member (volcanics of Paleocene to Eocene age) of the Tarahumara volcanic arc.

New Director, President and CEO

Brigadier also announces, subject to approval by the TSX Venture Exchange (the “Exchange“), that Mr. Robert Birmingham has been appointed as a director, President and Chief Executive Officer of the Company. Mr. Birmingham has over 15 years of public markets experience, with a focus on management, investor relations and capital raising. He is currently CEO and Director of New Destiny Mining Corp. (TSX.V: NED), and Director of BIGG Digital assets (CSE: BIGG). He has been on the board of multiple TSX.V and CSE listed companies. Mr. Birmingham holds of Bachelor of Business Administration from Capilano University.

Mr. Birmingham succeeds Mr. Ranjeet Sundher as President and Chief Executive Officer and Ms. Bev Funston as a director. Mr. Sundher remains a director of the Company. Brigadier would like to thank Ms. Funston for her service to the Company and wishes her the best in her future endeavours.

Mr. Birmingham comments, “I am thrilled to join the Brigadier team alongside top tiered Geologist Michelle Robinson, whose passion and plan to execute an aggressive drill program on Brigadier’s Picachos Project made this opportunity particularly motivating. I plan to utilize my management and investor relations experience to give the Company more visibility as we anticipate a very active and exciting 2021.”

In connection with Mr. Birmingham’s appointment, subject to approval by the Exchange, Mr. Birmingham is entitled to receive, in addition to his salary, a grant of 500,000 restricted share units (“RSUs”). The RSUs vest 6 months from the date of grant and expire on April 1, 2024. Vested RSUs may be redeemed, in whole or in part, at any time prior to expiry for common shares in the capital of the Company, the cash equivalent, or any combination thereof, at the discretion of the Board of Directors of the Company.

National Instrument 43-101 Disclosure

The technical information in this press release has been reviewed by Michelle Robinson, MASc., P.Eng., a Qualified Person as defined by NI 43-101. Drilling is completed using PQ and HQ tooling. Core and sample handling procedures are documented in the Company’s press release dated October 22, 2020. Standard pulps, field duplicates, pulp duplicates and blanks are inserted into the sample stream. The samples were analyzed by SGS Laboratories in Durango using fire-assay methods for gold, and ICP methods with a 4-acid digestion for silver and base metals. SGS is an accredited laboratory. It is the Qualified Person’s opinion that the technical information disclosed in this press release is reliable.

About Brigadier Gold Limited

Brigadier was formed to leverage 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.

Please visit our website to learn more about Brigadier Gold.

For further information, please contact:

Brigadier Gold Limited

www.brigadiergold.ca

Ranjeet Sundher, Chief Executive Officer

corporate@brigadiergold.ca

Leah Hodges, Corporate Secretary

(604) 377-0403

Reader Advisory

This news release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Brigadier Discovers and Samples Several Historic Underground Mines at its Picachos High Grade Gold-Silver Property

Vancouver, British Columbia – March 22, 2021 – Brigadier Gold Limited (the “Company” or “Brigadier”) (TSXV: BRG|FSE: B7LM|USA: BGADF) is pleased to announce the discovery, and systematic sampling of over two dozen historic underground workings at its Picachos gold-silver project, Sinaloa Mexico (the “Picachos Project”, “Picachos” or the “Property”). 

Brigadier has rehabilitated, mapped and sampled 29 newly discovered historic mine workings in the central part of the Property near the intersection of the ENE trending Cocolmeca Vein system (CVS) and northwesterly trending El Placer system. The underground workings are concentrated in two areas named El Cobre and El Placer Norte (Figure 1).

Having discovered, accessed and sampled these underground workings was an efficient and inexpensive way to improve the Company’s knowledge of the mineralizing systems at Picachos. The pending assay results together with related surface trenching and nearby diamond drilling will assist in understanding the mineralization on the property and greatly assist in identifying our next drill targets.

“There is a lot of geological action in the Cobre Area”, commented Geologist and Qualified Person, Michelle Robinson. “We have northerly trending veins represented by El Cobre, Las Calzadas and 27047. These appear cross-cut and offset by the northwesterly trending El Herrero Vein. More recent strike-slip movement on La Cocolmeca is regionally important and apparently offsets some vein segments. Further, the intrusive rocks into the volcanic pile contain orbicules, a feature indicative of volatile-rich melts capable of generating robust hydrothermal systems in the porphyry environment. For now, we are exploring the vein potential, but this Project has an exposed porphyry system in the northwest, and buried parts may be discovered by drilling under veins such as El Cobre”. 

El Cobre Area

At El Cobre, five principal veins have been identified: (i) El Cobre, (ii) El Herrero, (iii) Las Calzadas, (iv) La Cocolmeca and (v) Vein 27047. The veins are hosted in ignimbrites correlated to the Socavon member of the Late Cretaceous Tarahumara Volcanic Arc. These ignimbrites unconformably overlie submarine andesitic volcanic rocks tentatively assigned to the Jurassic Guerrero Terrane.  The strata are intruded by orbicular monzonite porphyry that is younger than the 74-million-year-old Socavon Ignimbrite.  Brigadier has assay results for Level 755, a crosscut 10.1 metres long oriented 070° NE across El Herrero Vein (Fig. 2). The first 8 metres intercepted 0.12% copper in a quartz-chalcopyrite-pyrite stockwork hosted in pervasively silicified ignimbrite. The last 2.1 metres intercepted 3.3% copper and 0.56% lead with 108 g/t silver, 0.1 g/t gold, 177 ppm bismuth and 23 ppm tungsten. Most of the assays for El Cobre are pending.

El Placer Norte Area

At least six veins comprise the northern part of the El Placer Vein system (i) Las Tacuachas, (ii) Los Lentes, (iii) Coralillo, (iv) La Chivera, (v) El Huarache y (vi) Pantufla. These veins are hosted in rhyolitic ignimbrite of probable Paleocene age that unconformably overlie the Socavon Ignimbrite. These veins were defined by mapping and sampling historic workings between 1000 and 1180 metres elevation. The historic workings are mainly short adits that follow narrow higher-grade intervals within the larger El Placer Vein system. Individual sample results for Las Tacuachas, Los Lentes and Corallio are in Table 1. The best result from the underground work was 31.4 g/t Au, 11 g/t Ag, 0.2% Cu, 0.5% Pb and 2% Zn across 0.3 m in sample BRG-25139. To better understand the potential of the larger system Brigadier did 80 metres of trenching across El Placer in three segments starting northeast of Los Lentes. Results include 8 metres of 2.14 g/t gold and 0.12% lead across the Tacuachas Vein (BRG-117146) and 4 metres of 1.95 g/t gold, 0.1% lead and 0.3% zinc across the surface of Los Lentes (BRG-117154). In addition to verifying the structures mapped underground, the surface trenches have identified gold anomalies between known veins that indicate the presence of several additional veins (Fig. 3). Assays for La Chivera, El Huarache and Pantufla are pending.

Fig. 1 Location map showing the Cobre and El Placer Norte areas. La Cocolmeca Vein System (CVS) transects the map in the ENE direction. 

Chart, line chart

Description automatically generated

Fig. 2 Cross-section looking north-northwest showing copper results from El Herrero Crosscut. 

Fig. 3 Cross-section looking north-northwest across the El Placer Veins. Surface trench BRG-117146 is southeast of this section plane. It was cut off-section to go around an open pit that exploited the Tacuachas Vein. These surface data suggest that Tacuachas is the most important structure and that there are several unidentified structures between the veins known from historic underground mining. Surface trench samples are 1 metre wide.

Table 1. Results of rock chip-channel samples across underground workings and surface trenches on the El Placer Vein System.

Sample LineFrom (m)To (m)True Width (m)Gold (g/t)Silver (g/t)Copper (ppm)Lead (ppm)Zinc (ppm)Area
BRG-2704800.50.50.5815641358893Tacuachas L. 1000
BRG-2704900.40.410.736815994881Tacuachas L. 1000
BRG-2705000.50.53.231198930958Tacuachas L. 1000
BRG-2702301.11.10.071338677551Tacuachas L. 1011
BRG-270600.20.30.10.265188075692475Tacuachas L. 1011
BRG-2705300.10.120.1916166714074835Tacuachas L. 1016
BRG-2702001.11.10.4523041205226Tacuachas L. 1016
BRG-270160.10.20.11.03616158317917Tacuachas L. 1025
BRG-2514900.70.74.40129013364123Tacuachas L. 1030
BRG-270180.210.83.405852593811700Tacuachas L. 1030
BRG-251390.60.30.331.40111818469019600Tacuachas L. 1030
BRG-2514001.81.80.13115212454304Tacuachas L. 1030 FW
BRG-2514200.40.42.43393749192719Tacuachas L. 1029
BRG-2514500.80.80.93220112602311Tacuachas L. 1029
BRG-251440220.5233441324816Tacuachas L. 1029
BRG-2436400.50.58.50179435904Coralillo L. 1035
BRG-2436511.10.124.6611114011133Coralillo L. 1035
BRG-2436601.51.51.048163457133629Coralillo L. 1035
BRG-2436800.90.94.6412661206816Coralillo L. 1035
BRG-2436900.30.31.34394254052061Coralillo L. 1035
BRG-2437000.80.82.022117872501744Coralillo L. 1035
BRG-2515800.10.16.25176157227006626Los Lentes L. 1026
BRG-2515900.90.92.3861941616510900Los Lentes L. 1026
BRG-251600112.2451382210003579Los Lentes L. 1026
BRG-2436200.10.11.49299370894870Los Lentes L. 1026
BRG-2436300.150.153.56717846985980Los Lentes L. 1026
BRG-2707600.50.56.32367225466Between Lentes and Tacuachas
BRG-117154065650.521938151532Trench
Including475141.95220310612917Across Los Lentes
BRG-117135010100.811107822574Southwest of Tacuachas
BRG-1171460882.1411511170646Tacuachas Surface 1058 m

National Instrument 43-101 Disclosure

The technical information in this press release has been reviewed by Michelle Robinson, MASc., P.Eng., a Qualified Person as defined by NI 43-101. Core and sample handling procedures are documented in the Company’s press release dated October 22, 2020. Standard pulps, field duplicates, pulp duplicates and blanks are inserted into the sample stream. The samples were analyzed by SGS Laboratories in Durango using fire-assay methods for gold, and ICP methods with a 4-acid digestion for silver and base metals. SGS is an accredited laboratory. It is the Qualified Person’s opinion that the technical information disclosed in this press release is reliable.

About Brigadier Gold Limited

Brigadier was formed to leverage 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.

Please visit our website to learn more about Brigadier Gold.

For further information, please contact: 

Brigadier Gold Limited

www.brigadiergold.ca 

Ranjeet Sundher, Chief Executive Officer

corporate@brigadiergold.ca 

Leah Hodges, Corporate Secretary

(604) 377-0403

Reader Advisory

This news release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Brigadier Announces Closing of $1,000,000 Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.

VANCOUVER, BC / ACCESSWIRE / March 16, 2021 / Brigadier Gold Limited (the “Company” or “Brigadier“) (TSXV:BRG)(FSE:B7LM)(OTC PINK:BGADF) is pleased to announce that the non-brokered private placement previously announced on February 19, 2021 (the “Offering“) has now closed. Under the Offering, the Company issued 5,000,000 units (“Units“) at a price of $0.20 per Unit for gross proceeds of $1,000,000. Each Unit was comprised of one (1) common share in the capital of the Company (each a “Common Share“) and one (1) non-transferrable Common Share purchase warrant (each a “Warrant“). Each Warrant entitles the holder to purchase one Common Share at a price of $0.30 per Common Share until March 16, 2022. All dollar amounts in this release are expressed in Canadian dollars, unless otherwise stated.

In connection with the Offering, the Company paid a total of $42,840 in cash finder’s fees and issued 214,200 finder’s warrants (each a “Finder’s Warrant“), to qualified non-related parties, in accordance with the policies of the TSX Venture Exchange (the “Exchange“). Each Finder’s Warrant entitles the holder to purchase one Common Share for $0.30 until March 16, 2022.

All securities issued under the Offering, including securities issuable on exercise thereof, are subject to a hold period expiring July 17, 2021, in accordance with the rules and policies of the Exchange and applicable Canadian securities laws.

Proceeds from the Offering will be used to fund exploration at Brigadier’s Picachos and Killalla Lake properties, corporate marketing campaigns and general working capital purposes.

About Brigadier Gold

Brigadier was formed to leverage 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.

For further information, please contact:

Brigadier Gold Limited
www.brigadiergold.ca
Ranjeet Sundher, Chief Executive Officer
corporate@brigadiergold.ca

Leah Hodges, Corporate Secretary
(604) 377-0403

Reader Advisory

This news release may contain statements which constitute “forward-looking information,” including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may,” “would,” “could,” “will,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Brigadier Gold Limited

Brigadier Adding Second Drill Rig for Commencement of Phase Two Diamond Drilling at Picachos High Grade Gold-Silver Property

Brigadier Adding Second Drill Rig for Commencement of Phase Two Diamond Drilling at Picachos High Grade Gold-Silver Property

Announces Non-Brokered Private Placement

Vancouver, British Columbia – February 19, 2021 – Brigadier Gold Limited (the “Company” or “Brigadier”) (TSXV: BRG|FSE: B7LM|USA: BGADF) is pleased to announce the planned addition of a second drill rig in connection with commencement of phase-2 diamond drilling at its Picachos gold-silver project, Sinaloa Mexico (the “Picachos Project”, “Picachos” or the “Property”). The Company also intends to complete a private placement for gross proceeds of up to $1,000,000.

Ranjeet Sundher, Brigadier’s CEO commented: “We continue to make excellent progress at Picachos, although we have only just started to evaluate the potential of this extensive mineralized system. The additional rig will help considerably in accelerating our investigating the many high priority existing and newly identified targets on the Property. The Cocolmeca vein structure (CVS) is persistent and strongly mineralized and we look forward to expanding the depth and strike length in 2021, as well as continuing exploration of the rest of the CVS, particularly in the central Cocolmeca area.”

Phase-one exploration results at Picachos provided several highlights, including:

  • Confirmed seven-kilometre long vein system of precious metals mineralization
  • Widely spaced holes show vein continuity on strike and at depth with robust width
  • High grade nature of precious metals mineralization consistently observed in assays
  • Confirmed meaningful gold/silver mineralization in hanging wall and footwall of vein systems
  • Discovered previously unexplored high-grade gold and silver historic workings
  • Multiple new surface and subsurface targets discovered during reconnaissance and mapping
  • Copper porphyry target sampling suggests high priority follow-up exploration

The Picachos land package was methodically assembled by Michelle Robinson (MASc., P.Eng., Geologist and Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”)) over 10 years ago.  Michelle is a respected industry veteran who has worked in Mexico for over 20-years with a number of major mining companies. She has authored over 20 technical reports and published several papers for the Society of Economic Geologists.  Michelle and her team are executing on our 5,000-metre diamond drill program – the first ever on this project

The project’s location, situated 25 kilometres equidistant from two recent bonanza grade discoveries of Vizsla Resources and GR Silver and along the same mineralized trend, positions Picachos as a truly exciting opportunity for Brigadier Gold and our shareholders.

Private Placement

The Company also announces a non-brokered private placement financing of up to 5,000,000 units (the “Units”) at a price of $0.20 per Unit for gross proceeds of up $1,000,000 (the “Offering”). Each Unit is comprised of one common share in the capital of the Company (each a “Common Share”) and one Common Share purchase warrant (each a “Warrant”). Each Warrant entitles the holder thereof to purchase one Common Share for $0.30 for a period of one year from the date of issuance.  The Company may pay a 7% finder’s fee, payable in cash and finder’s warrants (each a “Finder’s Warrant”), in connection with the Offering, to qualified non-related parties, in accordance with the policies of the TSX Venture Exchange (the “Exchange”). Each Finder’s Warrant will entitle the holder to purchase one Common Share for $0.30 for a period of one year from the date of issuance.

Proceeds from the Offering will be used to fund exploration at Brigadier’s Picachos and Killalla Lake properties, corporate marketing campaigns and general working capital purposes.

All securities issued under the Offering, including securities issuable on exercise thereof, are subject to a hold period expiring four months and one day from the date of issuance.

The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including approval of the Exchange.

Please visit our website to learn more about Brigadier Gold.

National Instrument 43-101 Disclosure

The technical information in this press release has been reviewed by Michelle Robinson, MASc., P.Eng., a Qualified Person as defined by NI 43-101. Core and sample handling procedures are documented in the Company’s press release dated October 22, 2020. Standard pulps, field duplicates, pulp duplicates and blanks are inserted into the sample stream. The samples were analyzed by SGS Laboratories in Durango using fire-assay methods for gold, and ICP methods with a 4-acid digestion for silver and base metals. SGS is an accredited laboratory. It is the Qualified Person’s opinion that the technical information disclosed in this press release is reliable.

About Brigadier Gold Limited

Brigadier was formed to leverage 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.

For further information, please contact: 

Brigadier Gold Limited

www.brigadiergold.ca

Ranjeet Sundher, Chief Executive Officer

corporate@brigadiergold.ca  

Leah Hodges, Corporate Secretary

(604) 377-0403

Reader Advisory

This news release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Brigadier Intercepts 12.62 g/t Gold and 78 g/t Silver with 4.5% Copper Across 0.8 Metres at Picachos

Underground Sampling from Undrilled Surrounding Veins Returns 109.14 g/t Gold and 20 g/t Silver Across 0.5 Metres

Vancouver, British Columbia – February 17, 2021 – Brigadier Gold Limited (the “Company” or “Brigadier”) (TSXV: BRG|FSE: B7LM|USA: BGADF) is pleased to provide additional diamond drill and underground sampling results from ongoing phase one exploration at its Picachos gold-silver project, Sinaloa Mexico (the “Picachos Project”, “Picachos” or the “Property”). Brigadier has completed and received assay results for 3085 metres of diamond drilling in 28 holes on the Picachos Project. Assays results for holes 21 through 28 and recent underground sampling are provided in Table 1.

Phase-one exploration highlights to date:

  • Confirmed seven-kilometre long vein system of precious metals mineralization
  • Widely spaced holes show vein continuity on strike and at depth with robust width
  • High grade nature of precious metals mineralization consistently observed in assays
  • Confirmed meaningful gold/silver mineralization in hanging wall and footwall of vein systems 
  • Discovered previously unexplored high-grade gold and silver historic workings
  • Multiple new surface and subsurface targets discovered during reconnaissance and mapping
  • Copper porphyry target sampling suggests high priority follow-up exploration

Geologist and Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), Michelle Robinson comments “results of our phase-one program at Picachos imply a robust and geographically expansive mineralized system for which we have only just scratched the surface. I am very pleased with our results, in particular the number of targets demanding follow up drilling or for newly discovered zones, a first ever drill hole. The Cocolmeca vein structure (CVS) is persistent and strongly mineralized and I look forward to expanding the depth and strike length in 2021, as well as continuing the exploration of the rest of the CVS, particularly in the central Cocolmeca area.”

Of the 28 holes drilled to date, fourteen (1704 metres) were drilled to test the San Agustín Vein, 10 holes (1029 metres) tested surface exploration targets defined by trenching, 2 holes (168 metres) tested under the historic San Antoñio Mine and one hole tested under the historic La Gloria Mine. San Agustín and San Antoñio represent two gold-rich, polymetallic mineral chutes about 2.5 kilometres apart on Brigadier’s regional-scale Cocolmeca Vein System (CVS), and La Gloria historically produced gold from a northwesterly trending vein roughly orthogonal to the CVS. The CVS has been defined at varying levels of certainty along the east-northeasterly trending diagonal of the Property for more than seven kilometres.  

La Gloria Gold Mine and Palodismo

La Gloria underground gold mine is accessed from a 106 metre long east-southeasterly trending cross-cut located at 965 metres elevation in the central part of the Property. This opening provides access to a southeasterly trending stope that is more than 70 metres long and about 1.5 metres wide. Historic sample MTA-15659 was cut across the northwest face of this stope and contained values of 21.09 g/t Au, 6.6 g/t Ag, 0.4% Cu, 0.8% Pb and 0.5% Zn across 0.8 metres. The orientation of the structure at this location is 162°/75° SW. Brigadier cut a sample across the southeastern face of the stope which returned a result of 49.6 g/t Au and 31 g/t Ag across 0.4 metres (BRG-26402) and a notably more easterly orientation of 150°/74° SW. Mineralization in the stope consists of microcrystalline quartz breccia intergrown with pink epidote (piemontite?), and native gold along a shear zone hosted in agglomerate. The mud matrix between volcanic blocks and bombs is pervasively replaced by microcrystalline grey quartz intergrown with galena, sphalerite and lesser chalcopyrite.

Palodismo was first identified in historic sample MTA-19690 with results of 27.61 g/t Au and 4 g/t Ag across 1.3 metres from a small underground prospect 65 metres north of the entrance to La Gloria.  Characteristic “pink epidote-quartz” is mentioned in the notes from 2007. A second underground prospect 115 metres SE of La Gloria cross-cut was sampled by Brigadier with results of 9.7 g/t Au and 2 g/t Ag across 0.8 metres (BRG-25207). Measured vein orientations from both prospects are 147°/75° SW.  

Drill hole BRG-028 was collared 72 metres southwest of La Gloria. It was designed to intercept both Palodismo and La Gloria under historic sample MTA-15657 with a result of 5.27 g/t Au and 7 g/t Ag across 1.5 metres. All of DH-BRG-028 was altered to propylitic mineral assemblages dominated by epidote and chlorite. Microcrystalline galena and sphalerite in silicified mud between volcanic blocks and bombs defines a broad geochemical response of 0.4% Zn, 0.2% Pb, 170 ppm Cu, 0.2 g/t Au and 2 g/t Ag along the entire hole length of 183.5 metres. The section between 59 and 64 metres contains 1.2% Zn and 0.3% Pb with 348 ppm Cu across 5 metres. Shear zones marked by kaolinite and/or and pink quartz-piemontite breccias contain elevated gold values. Several of these were intercepted in the hanging wall to Palodismo.  One of these contains 1.8 g/t Au and 1.9 g/t Ag across 2 metres between 35 and 37 metres. Palodismo itself is defined by a geochemical anomaly of 2.29 g/t Au across 8 metres between 105 and 113 metres.  The Palodismo Vein is marked by pink quartz-epidote breccia between 110 and 111 metres with values of 10.65 g/t Au across 1 metre. A three-point solution between MTA-19690, BRG-25207 and this intercept in DH-BRG-028 yields an orientation of 145°/73° SW, in good agreement with field measurements from underground exposures of Palodismo.

A second intercept of 6.26 g/t Au between 141 and 142 metres in DH-BRG-028 is only tentatively correlated to La Gloria Vein. This interpretation implies that the vein flattens out at depth to a dip of about 65 degrees. Alternatively, the strike may have changed as implied by BRG-26402, and DH-BRG-028 never reached La Gloria Vein. Further drilling is required to clearly define La Gloria Vein at depth. 

Figure 1. Geological cross-section of DH-BRG-028. 

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Figure 2. Level Plan 965 metre of La Gloria. Only the Adit and MTA-15659, MTA-15657 and BRG-26402 are in this plane.  Everything else is above (BRG-25207) or below (MTA-19690, DH-BRG-028). 

San Antoñio

San Antoñio is a historic prospect cut across the major ENE trending Cocolmeca Vein system that bisects the Property along the 8 km ENE diagonal 250 metres northwest of La Gloria Gold Mine. Values of 44.1 g/t Au, 47 g/t Ag, 0.4% Cu, 0.2% Pb and 0.7% Zn across 0.8 metres were obtained in historic sample MTA-19856. A prior operator drilled RC hole TAN3 under MTA-19856 in 2008 and got a result of 0.8% Cu, 0.29 g/t Au, 451 ppm Pb and 525 ppm Zn across 1.02 metres between 84.66 metres and 85.68 metres down-hole.  Brigadier decided that historic result did not make sense considering the high-grade nature of this large, continuous vein. To clarify this view, two PQ diamond core holes were drilled with pierce points into La Coco on either side of TAN3.  DH-BRG-026, cut northeast of TAN3, yielded a result of 1.07 g/t Au, 18 g/t Ag, 0.4% Cu, 0.2% Zn across 3.9 metres between 74 and 77.9 metres. This result includes 4.44 g/t Au, 6 g/t Ag, 0.1% Cu across 0.9 metres between 77 and 77.9 metres. DH-BRG-027, cut southwest of TAN3, intercepted a vein of semi-massive chalcopyrite with 12.62 g/t Au, 78 g/t Ag, 4.5% Cu, 0.2% Zn, 0.2% Pb across 0.8 metres between 54.7 and 55.5 metres down-hole. Both intercepts have significant hangingwall and footwall alteration comprised of piemontite, sphalerite, galena, pyrite and chalcopyrite (similar to La Gloria).  From this data Brigadier concludes that the RC drilling method used previously was inadequate for sampling the Veins on this Property, although it was successful in locating the Veins in the subsurface.

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Figure 3 Cross Section of DH-BRG-027

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Figure 4 Geological Level Plan 740 metre of San Antoñio.

Nearby NW trending Veins

Several underground mines and prospects are developed on near-parallel veins within 500 metres to the southwest of La Gloria.  These include Colorín, El Salvador, Urrea and Mangos. Of these, Urrea is the best developed with extraction levels at 840 metre, 860 metre, 895 metre, 935 metre and 1040 metre. Underground rock chip-channel results from these Veins include:     

  • 20.14 g/t Au and 36 g/t Ag across 1 metre in Sample BRG-25203 from Colorín Vein 
  • 11.55 g/t Au and 3 g/t Ag across 2 metre in Sample BRG-27376 from El Salvador Vein
  • 109.14 g/t Au and 20 g/t Ag across 0.5 metre in Sample BRG-27405 from Urrea Vein (860 metre Level)
  • 20.21 g/t Au and 22 g/t Ag with 19.4% lead across 0.3 metre in Sample BRG-25235 from Urrea Vein (1034 metre Level)
  • 23.45 g/t Au and 6 g/t Ag in sample BRG-23762 from Mangos Vein

Ongoing Exploration

The Company has located and mapped several underground drifts and cross-cuts northwest of Lentes (Company PR dated 6 October) and near the Cobre Veins. A new batch of 224 underground and trench samples has been received by SGS laboratories. Results will be published when these are available from the Lab.  

Appendix   

Results from PQ diamond drill core holes and rock chip-channel sampling. DL=near detection limit, HW=hangingwall, FW=footwall.   

From (m)To (m)Core or Trench Width (m)Estimated True Width (m)Gold (g/t)Silver (g/t)Copper (ppm)Lead (ppm)Zinc (ppm)Mo (ppm)Area
Drill Hole
DH-BRG-02110111unk0.0722151424253
DH-BRG-02221221unk0.01119348117DLMochomos
DH-BRG-02315161unkDL121029115DLMochomos
DH-BRG-02413.516.53unk0.01135521125DLMochomos
DH-BRG-02593930unk1.272124023711Doña Chayo
DH-BRG-02668.5745.55.0DLDL2942691932DLSan Antoñio HW
DH-BRG-0267477.93.93.51.0718393831515493San Antoñio Vein
including7777.90.90.84.4467961553376
DH-BRG-02677.9857.16.4DLDL1014851556San Antoñio FW
DH-BRG-02742541210.8DLDL1694662177DLSan Antoñio HW
DH-BRG-027545621.65.083519048758221616San Antoñio Vein
including54.755.50.80.712.6278450501597225631
DH-BRG-0275661.55.55.0DL246431193DLSan Antoñio FW
DH-BRG-0280183.5183.5183.50.21217018873697DLLa Gloria Area
including202110.90.89DL307871032DLPalodismo HW 3
including353721.81.9222610741334DLPalodismo HW 2
including414321.80.34756736286703DLPalodismo HW 1
including596454.50.032348343311449DL
including747510.90.52434837168772DLPalodismo HW
including949510.90.71DL3816971403DL
including10511387.22.29DL24690298DLPalodismo Vein
and11011110.910.65DL25765266DL
including14114211.06.26DL4753682857DLLa Gloria Vein (?)
Trench
BRG-264024.54.90.40.449.603150634223682DLLa Gloria
BRG-252072.230.80.89.70293052603180DLPalodismo (Tiro de Juan Flores)
BRG-2735446.62.62.62.32DL1598721418DLPalodismo HW
BRG-25203231120.143614207390251006Colorín
BRG-273760.52.52211.553117023304740DLSalvador
BRG-273771.52.5111.6173030467014400DLSalvador
BRG-273781.752.50.750.750.8814197100198037802Salvador
BRG-273981.62.30.70.77.954332600224031211Urrea L. 860
BRG-2740533.50.50.5109.14207034698482Urrea L. 860
BRG-2737515.54.54.52.564195364258570DLUrrea L. 1040
BRG-2523522.30.30.320.212212501940002770DLUrrea L. 1034
BRG-237621.42.61.21.223.4564131893123610Mangos
BRG-1170010202020DLDL13877173257Porphyry-Line 2569200
BRG-117001871233636DLDL50213187239Porphyry-Line 2569200
BRG-1170230696969DLDL8968183242Porphyry-Line 2569200
including54661212DLDL169121160593Porphyry-Line 2569200
BRG-121550757575DLDL5878221440Porphyry-Line 2569200
including0313131DLDL55109272846Porphyry-Line 2569200
including253166DLDL351853022148Porphyry-Line 2569200

The Picachos land package was methodically assembled by Michelle Robinson (MASc., P.Eng., Geologist and Qualified Person) over 10 years ago.  Michelle is a respected industry veteran who has worked in Mexico for over 20-years with a number of major mining companies. She has authored over 20 technical reports and published several papers for the Society of Economic Geologists.  Michelle and her team are executing on our 5,000-metre diamond drill program – the first ever on this project

The project’s location, situated 25 kilometres equidistant from two recent bonanza grade discoveries of Vizsla Resources and GR Silver and along the same mineralized trend, positions Picachos as a truly exciting opportunity for Brigadier Gold and our shareholders.

The 3,954 hectare Picachos Property is centered over the historic “Viva Zapata” National Mineral Reserve, Sinaloa, Mexico.  It overlaps two mineralized systems, a porphyry copper-molybdenum system hosted by a Paleocene granite-granodiorite intrusive complex, and a gold-silver vein complex comprised of both east-northeasterly trending veins (La Cocolmeca Vein System) and northwesterly trending veins (El Placer System).  Sericitic alteration related to the porphyry system has been mapped over the northwestern two-thirds of the Property.  Quartz-biotite veinlets with chalcopyrite and bornite occur in the central part of this broad zone of sericitic alteration and imply the presence of a significant porphyry system at depth.  La Colcomeca Vein system has been mapped from San Agustín Underground Gold Mine in the southwestern part of the Property to El Pino seven kilometres to the northeast.  In the central part of the Property, the best exposure of the northwesterly trending system occurs between La Gloria Underground Gold Mine and the Urrea Gold Mines, located 630 metres southwest of La Gloria.  In this area, other northwesterly trending veins between these veins include Paldodismo, Colorin, Salvador, Trompetas and Mangos.  On the eastern part of the Property, Tatemales and La Botica define a four kilometre long trend.  

The growing inventory of priority drill targets underscore the untapped potential of this particular region of Sierra Madre Occidental epithermal belt.

Please visit our website to learn more about Brigadier Gold.

National Instrument 43-101 Disclosure

The technical information in this press release has been reviewed by Michelle Robinson, MASc., P.Eng., a Qualified Person as defined by NI 43-101. Core and sample handling procedures are documented in the Company’s press release dated October 22, 2020. Standard pulps, field duplicates, pulp duplicates and blanks are inserted into the sample stream. The samples were analyzed by SGS Laboratories in Durango using fire-assay methods for gold, and ICP methods with a 4-acid digestion for silver and base metals. SGS is an accredited laboratory. It is the Qualified Person’s opinion that the technical information disclosed in this press release is reliable.

About Brigadier Gold Limited

Brigadier was formed to leverage 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.

For further information, please contact:  

Brigadier Gold Limited

www.brigadiergold.ca 

Ranjeet Sundher, Chief Executive Officer

corporate@brigadiergold.ca  

Leah Hodges, Corporate Secretary

(604) 377-0403

Reader Advisory

This news release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Brigadier Completes Drone Magnetic Survey on Killala Lake Diamond Property

Vancouver, British Columbia – January 27, 2021 – Brigadier Gold Limited (the “Company” or “Brigadier”) (TSXV: BRG|FSE: B7LM|USA: BGADF (the “Corporation“) is pleased to announce the completion of a drone magnetic survey on the Killala Lake Diamond Property (the “Property“).  Previous work by the Wahl Group (Rudolf Wahl and Mike Dorval) led to the discovery of the Madonna Diamondiferous dike. Diamonds were first located on the Property in 2006 when Dianor Resources Inc. had Kennecott Canada Exploration Inc.’s Minerals Processing Laboratory complete dense media separation of a 1205.8 kilogram sample of the  dike.  The sample produced 66 micro diamonds.  Subsequent to the recovery of the diamonds the claimholder completed a diamond drill program that intersected the Madonna dike and another dike thought to be genetically related.  

Brigadier as an option to acquire a 100% interest in the Property, which consists of forty-six (46) cell claims units located in Killala Lake, Foxtrap Lake Area Townships, Thunder Bay Mining District, Ontario, subject to reservation of royalties in favor of the Wahl Group.

The results of the drone survey have produced interesting magnetic features that will be assessed in the spring by prospecting, sampling and possible stripping.  The Property has potential to host additional diamond bearing dikes.  The continued exploration of the Madonna dike and other dikes will provide insight on the diamond content, petrography, and minerology occurrences. 

Map

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National Instrument 43-101 Disclosure

The technical information in this press release has been reviewed by Mr. Garry Clark, P.Geo, a Director of the Company and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). 

Debt Settlement

The Company also announces that it plans to complete a debt settlement with one creditor (the “Debt Settlement“) to preserve its cash.  The Debt Settlement will result in an aggregate of $100,000.00 of indebtedness being retired in consideration for the issuance of a maximum of 454,545 common shares at a price of $0.22 per share.  The indebtedness is held by an arm’s length party and will not result in the creation of a new insider or a new control person.  The Debt Settlement is subject to TSX Venture Exchange approval. The securities to be issued under the Debt Settlement will be subject to a four-month resale restriction. 

About Brigadier Gold Limited

Brigadier was formed to leverage 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.

For further information, please contact:  

Brigadier Gold Limited

www.brigadiergold.ca 

Ranjeet Sundher, Chief Executive Officer

corporate@brigadiergold.ca  

Leah Hodges, Corporate Secretary

(604) 377-0403

Reader Advisory

This news release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Brigadier Intercepts 9.49 g/t Gold and 24 g/t Silver Across 3 Metres at Picachos

Drilling and Surface Sampling Results Indicate Primary Vein System Contains Over 7 Kilometres of Robust Mineralization.

Drill Assay Results from Other Previously Untested Prospective Zones Expected During January.

Vancouver, British Columbia – January 19, 2021 – Brigadier Gold Limited (the “Company” or “Brigadier”) (TSXV: BRG|FSE: B7LM|USA: BGADF) is pleased to provide additional diamond drill and surface sampling results from ongoing phase one exploration at its Picachos gold-silver project, Sinaloa Mexico (the “Picachos Project” or the “Property”). Brigadier has completed 3085 metres of diamond drilling in 28 holes on the Picachos Project.  Assays are now available for 20 holes (Table 1), and samples from the remaining holes are in-progress at SGS Laboratory in Durango.

Drilling highlights include:

  • 9.49 g/t Au and 24 g/t Ag across 3 m (88 to 91 m) in DH-BRG-008
  • 6.24 g/t Au and 79 g/t Ag across 3 m (122.5 to 125.5 m) in DH-BRG-009
  • 7.03 g/t Au and 110 g/t Ag across 3.5 m (137.5 to 141 m) in DH-BRG-012
  • 6.75 g/t Au and 44 g/t Ag across 2.5 m (108.5 to 111 m) in DH-BRG-014

Geologist and Qualified Person Michelle Robinson comments “I am really pleased with our results so far from San Agustín.  The structure is persistent and strongly mineralized.  Although our sampling with a diamond drill is not perfect due to the challenging sub-surface conditions, it definitely indicates a robust gold-bearing vein of substantial width and strike length of over seven kilometers. I look forward to expanding the depth and strike length in 2021, as well as continuing the exploration of the rest of the CVS (Colomeca Vein System), particularly in the central Cocolmeca area where a swarm of northwesterly trending veins intersects the east-north-easterly trending Cocolmeca Vein System.”

Ranjeet Sundher, President and CEO, also comments “We are impressed with the speed in which Michelle and her team is de-risking the Picachos Project and increasingly demonstrating its regional scale potential.  With just a small portion of the asset explored to date, I’m looking forward to keeping shareholders abreast as we aggressively move forward to further define the Colomeca Vein System while also commencing examination of the large copper-molybdenum porphyry target located on the northern part of the Property.”

Of the 28 holes drilled to date, fourteen (1704.28 metres) were drilled to test the San Agustín Vein, 10 holes (1029 metres) tested surface exploration targets defined by trenching, 2 holes (168.5 metres) tested under the historic San Antoñio Mine and one hole tested under the historic La Gloria Mine.  San Agustín and San Antoñio represent two gold-rich, polymetallic mineral chutes about 2.5 kilometres apart on Brigadier’s regional-scale Cocolmeca Vein System (CVS), and La Gloria historically produced gold from a northwesterly trending vein roughly orthogonal to the CVS.  The CVS has been defined at varying levels of certainty along the east-northeasterly trending diagonal of the Picachos Project for more than seven kilometres.  Six surface rock chip-channel results that help define the location of the CVS include:

  1. 4.89 g/t Au and 67 g/t Ag across 5 metres (trench BRG-104705) from San Agustín (PR dated 24 November 2020)
  2. 1.85 g/t Au and 4 g/t Ag across 10 metres (trench BRG-120920) at Los Tejones prospect pits, centered 1 kilometre northeast of San Agustín
  3. 347 g/t Ag, 0.1 g/t Au and 5.2% Cu across 1.0 metres (historic trench MTA-15953) at Guayabo, 2.4 kilometres northeast of San Agustín
  4. 44.09 g/t Au and 47 g/t Ag across 0.8 metres (historic trench MTA-19856) at San Antoñio, 2.5 kilometres northeast of San Agustín
  5. 5.25 g/t Au and 74 g/t Ag across 1.2 metres (trench BRG-27012) from the road to La Botica, 3.7 kilometres from San Agustín
  6. 1.9 g/t Au and 98 g/t Ag across 1.6 metres (trench BRG-25220) from El Pino, 5.8 kilometres    northeast of San Agustín (PR dated 14 September 2020)

Figure 1. Overview map of surface results 1 to 6 (above) on the surface trace of the CVS, highlighted in yellow. Locations of 2020 diamond drill sites are marked in black circles labeled DH.  Holes 26 and 27 are below trench site 4 (MTA-19856). The Picachos Project boundary is in navy blue. The internal concession that is held by a subsidiary of Fresñillo PLC is marked in grey.  The yellow CVS dips northwesterly, into the center of the Property.

During the Fall of 2020, the Company primarily explored the down-dip potential of the southwestern most segment of the CVS that was historically exploited by Minas de Picacho from San Agustín Adit Level 646 in the 1990’s.  Three fences of holes were drilled up to 130 metres north of this adit, and three fences were drilled up to 90 metres south of Level 646. Overall, a strike length of about 210 metres was tested.  Most mineral intercepts were located between 650 and 550 metres elevation. The deepest test was in DH-BRG-007 at 530 m elevation or 200 metres below topography.

Geologically, the mineralization is located at the faulted and sheared contact between metamorphosed, thickly laminated, sulfide-rich argillite of deep marine origin and porphyritic intermediate continental volcanic rocks correlated to the Tarahumara Formation.  Fault damage on this regional-scale geological terrane boundary is profound with shearing and quartz veining evident at several locations in the hanging wall to the San Agustín Vein.  On Figure 3, a preliminary interpretation of what this veining might look like is shown in the rose color in the Picachos Project fault block.  Some results from quartz veins and veinlets in the hanging wall to the San Agustín Vein are:

  • 2.71 g/t Au and 24 g/t Ag across 2 m (54 to 56 m) in DH-BRG-003
  • 0.6 g/t Au and 34 g/t Ag across 2 m (52 to 54 m) in DH-BRG-005
  • 0.73 g/t Au and 27 g/t Ag across 4 m (51 to 55 m) in DH-BRG-014

Figure 2. Long section of the San Agustín Vein, looking west northwesterly, showing principal results from diamond drilling, underground and surface sampling completed by the Company in the fall of 2020.  This section displays data from 12.5 meters in front of and behind the plane of the page.


Figure 3. Level Plan of the San Agustín Vein.  All 14 diamond drill holes intercepted gold-rich polymetallic mineralization at the faulted contact between metamorphic argillite of submarine origin (blue) and altered continental volcanic rocks correlated to the Tarahumara Formation (greens).  In the hanging wall (Picachos Project fault block), there are several quartz veins and veinlets hosted in the argillite.  In rose, a possible interpretation for some of the hanging wall intercepts is shown. 

At Los Tejones, encouraging results of 1.85 g/t Au were cut across 10 meters in a surface trench (BRG-120920). About 50 meters to the northeast, a second trench cut 1 meter of 428 g/t Ag (BRG-119913).  Rock discovered by both trenches was deeply weathered and structures controlling the   mineralization were mostly not obvious.  Drill testing under these anomalies returned anomalous base metals but subdued precious metals (DH-BRG-015 to 20).  Geologically, disseminated and stockwork mineralization occurs at the faulted contact between magnetic andesitic volcanics that might be Jurassic in age, and intermediate volcanic rocks correlated to the Tarahumara Formation.    

Results from other surface trenches include:

  • 2.09 g/t Au and 170 g/t Ag across 1.2 m from the Casimiro Vein (BRG-27024)
  • 8.84 g/t Au, 36 g/t Ag and 1.6% Pb across 2 m from El Roque Vein (BRG-120828)
  • 5.25 g/t Au, 74 g/t Ag and 1.7% Cu across 1.2 m from La Cocolmeca Vein (BRG-27012)

Table 1. List of results from drill holes and trenches completed by the Company in the fall of 2020.

From (m)To (m)Core or Trench Width (m)Estimated True Width (m)Gold (g/t)Silver (g/t)Copper (ppm)Lead (ppm)Zinc (ppm)Area
Drill Hole
DH-BRG-00143441unk0.6125166387598
DH-BRG-001758275.27.455132118963373San Agustín
including75.5782.51.920.586864846827853
including767710.845.63821436986616800
DH-BRG-00246471unk1.3322112212572
DH-BRG-0029397.54.53.42.895028813501274San Agustín
including939521.56.125236319771133
DH-BRG-00354562unk2.7124162589875
DH-BRG-00366682unk0.16271584691176
DH-BRG-00378.5790.5unk0.1920290753495
DH-BRG-003123125.52.51.50.2424181858741San Agustín
DH-BRG-00440411unk0.80241264401753
DH-BRG-0046374.511.591.04441827201576San Agustín
including63.564.510.89.638940515673770
DH-BRG-00552542unk0.60342696052492
DH-BRG-00565661unk4.8717145364572
DH-BRG-005102.5107.5541.955237415432109San Agustín
including103.5104.510.87.6769114144745718
DH-BRG-00693941unk0.7556188268293
DH-BRG-006102.51129.57.30.48193158351891San Agustín
including102.51030.50.44.871153434152755
DH-BRG-007137.5140.531.61.402053217552987San Agustín
including138138.50.50.37.58221848371059
DH-BRG-008849915112.94162468091650San Agustín
including889132.29.492453516843199
DH-BRG-009122.513714.551.5518130622602531San Agustín
including122.5125.531.16.2479586395349428
DH-BRG-01081.5864.53.31.201434011241825San Agustín
including8284.52.51.91.991743312952732
DH-BRG-011120.5133.51370.591529810961895San Agustín
including12112210.61.833377727325903
including128.51301.50.92.221758318053279
DH-BRG-012137.51468.563.055214641007118529San Agustín
including137.51413.53.17.0311032632235242177
DH-BRG-01326271unk0.7122103146581
DH-BRG-013536074.91.9336140424973San Agustín
including576032.16.078535211402618
DH-BRG-01451554unk0.7327823411398
DH-BRG-01477.5780.5unk1.34510244104
DH-BRG-0148585.50.5unk0.44221293601031
DH-BRG-014108.512819.511.51.35262035771226San Agustín
including108.51112.52.16.754426511842923
DH-BRG-0157980.51.5unk0.0912121762215359Los Tejones
DH-BRG-0161211221unk0.01529925933977Los Tejones
DH-BRG-01711012010unk0.33148386849Los Tejones
DH-BRG-01888891unk0.4216110261077Los Tejones
DH-BRG-01939456unk0.341292461Los Tejones
DH-BRG-020557318unk0.011408531266Los Tejones
Trench
BRG-93958310770.3953167608963San Agustín Surface
BRG-12060401.51.51.57.5311330612623005San Agustín (Mojonera 20 m depth)
including0.70.90.20.239.3712574435617509
BRG-12060101.551.551.5515.4910954620164906San Agustín (Mojonera 23 m depth)
including0.50.850.350.3566.36991670674411000
BRG-2701000.60.60.645.8518716081182212465San Agustín (Mojonera 20 m depth)
including00.10.10.12.8253654124770032800
including0.10.60.50.554.4611784746468398
BRG-12061302224.113928416552733San Agustín Carrito
including01118.026344630254680
BRG-939763132113.21184134162623800San Agustín Surface
BRG-10470505554.8967126539266125San Agustín Surface (Don Genardo Trench)
including12119.854483423925594
BRG-119913183921unk0.0936323401877Los Tejones
including19201unk0.12428116843895
BRG-120920316534unk0.653280291711Los Tejones
including374710unk1.854316211525
including43441unk6.456185105397
BRG-120910594unk0.90109275691678Los Tejones
BRG-12075504.44.44.40.202325345829567Los Tejones
BRG-119749113221unk0.021101183516Los Tejones
BRG-11983602121unk0.0847881854305Los Tejones
including066unk0.24920116003344
BRG-12253601616unk1.1062272346683Roque
including682unk8.8436897160001479
BRG-12253631934122unkDL183486947
BRG-12079606630.4733109636511448Casimiro
including3410.52.171373751176002031
BRG-2702401.21.21.22.091706668143003375Casimiro
BRG-12084101212unk0.32485294190259Mochomos
including9112unk1.4716615000434427
BRG-12082804441.20478024082006Roque?
including01113.50103715806506
BRG-2701212.21.21.25.2574170004585983La Cocolmeca
BRG-12269419227482unkDL8183210148
including25025221.80.2526519787105692Casimiro
BRG-1228710133133unk0.10182364383
including682unk1.34187.4151239
including36382unk1.2421411858359Roque?
including728614unk0.281114912846

The Picachos Project land package was methodically assembled by Michelle Robinson (MASc., P.Eng., Geologist, 43-101 QP) over 10 years ago.  Michelle is a respected industry veteran who has worked in Mexico for over 20-years with a number of major mining companies. She has authored over 20 technical reports and published several papers for the Society of Economic Geologists.  Michelle and her team are executing on our 5,000-metre diamond drill program – the first ever on this project

The Picachos Project’s location, situated 25 kilometres equidistant from two recent bonanza grade discoveries of Vizsla Resources and GR Silver and along the same mineralized trend, positions Picachos Project as a truly exciting opportunity for Brigadier and our shareholders.

The 3,954 hectare Picachos Project is centered over the historic “Viva Zapata” National Mineral Reserve, Sinaloa, Mexico.  It overlaps two mineralized systems, a porphyry copper-molybdenum system hosted by a Paleocene granite-granodiorite intrusive complex, and a gold-silver vein complex comprised of both east-northeasterly trending veins (La Cocolmeca Vein System) and northwesterly trending veins (El Placer System).  Sericitic alteration related to the porphyry system has been mapped over the northwestern two-thirds of the Property.  Quartz-biotite veinlets with chalcopyrite and bornite occur in the central part of this broad zone of sericitic alteration and imply the presence of a significant porphyry system at depth.  La Colcomeca Vein system has been mapped from San Agustín Underground Gold Mine in the southwestern part of the Property to El Pino seven kilometres to the northeast.  In the central part of the Property, the best exposure of the northwesterly trending system occurs between La Gloria Underground Gold Mine and the Urrea Gold Mines, located 630 metres southwest of La Gloria.  In this area, other northwesterly trending veins between these veins include Paldodismo, Colorin, Salvador, Trompetas and Mangos.  On the eastern part of the Property, Tatemales and La Botica define a four kilometre long trend. 

The growing inventory of priority drill targets underscore the untapped potential of this particular region of Sierra Madre Occidental epithermal belt.

Please visit our website to learn more about Brigadier Gold.

National Instrument 43-101 Disclosure

The technical information in this press release has been reviewed by Michelle Robinson, MASc., P.Eng., a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Core and sample handling procedures are documented in the Company’s press release dated October 22, 2020. Standard pulps, field duplicates, pulp duplicates and blanks are inserted into the sample stream. The samples were analyzed by SGS Laboratories in Durango using fire-assay methods for gold, and ICP methods with a 4-acid digestion for silver and base metals. SGS is an accredited laboratory. It is the QP’s opinion that the technical information disclosed in this press release is reliable.

About Brigadier Gold Limited

Brigadier was formed to leverage 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.

For further information, please contact: 

Brigadier Gold Limited

www.brigadiergold.ca

Ranjeet Sundher, Chief Executive Officer

corporate@brigadiergold.ca  

Leah Hodges, Corporate Secretary

(604) 377-0403

Reader Advisory

This news release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Brigadier Provides Update on Exploration at Picachos

Current Program to Include Drilling of Prospective Copper Targets

Vancouver, British Columbia – December 9, 2020 – Brigadier Gold Limited (the “Company” or “Brigadier”) (TSXV: BRG|FSE: B7LM|USA: BGADF) is pleased to provide the following progress update from its President and CEO Ranjeet Sundher, reviewing exploration activities to date on its Picachos Project, Sinaloa, Mexico.

 “Since commencing exploration and diamond drilling activities at Picachos in August, we’ve identified several high priority targets for follow up work and have gained a significant understanding of the mineralized gold – silver vein, and copper – molybdenum porphyry systems traversing the property. As we await further assays from the ongoing 40 hole, 5,000 metre drill program, targeting veins below and surrounding the historic San Agustin gold mine, we are excited to move into 2021 with a solid blueprint to advance Picachos. I’m proud of our team’s accomplishments to date in such a short period of time and look forward to keeping shareholders abreast of progress.

The Picachos land package was methodically assembled by Michelle Robinson (MASc., P.Eng., Geologist, 43-101 QP) over 10 years ago.  Michelle is a respected industry veteran who has worked in Mexico for over 20-years with a number of major mining companies. She has authored over 20 technical reports and published several papers for the Society of Economic Geologists.  Michelle and her team are executing on our 5,000-meter diamond drill program – the first ever on this project

Progress made by Brigadier since concluding the formal Agreement for the Property in August of 2020 includes:

  • Establishing our partnership with the Ejido of Picachos in developing the mineral potential of their land.
  • Repairs and upgrades to the historic road network used to access the Property and mine workings.
  • Repairs and upgrades to the water systems that supply the drill and camps. 
  • Installation of the driller’s camp in the pueblo of Picachos.
  • Construction of a core-processing lab complete with microscope and benchtop Niton XRF analyzer.
  • Development of integrated data systems for efficient evaluation of drill hole and surface data.
  • Diamond drill testing of the southwestern portion of the Cocolmeca Vein system, mainly downdip of the historic San Agustín Gold Mine.
  • Discovery of several new veins by trenching under historic soil geochemical anomalies in the central part of the Property.

Early drill results indicate strong gold mineralization at San Agustin, specifically, Hole DH-BRG-001 intercepted 7 metres of 7.45 grams per tonne (g/t) gold (Au) gold and 51 g/t silver (Ag) down-hole (estimated true width of 5.2 metres), approximately 105 metres below surface, and 40 metres below historic extraction level 646 at the San Agustín mine. This hole supports the thesis that San Agustín is a gold-bearing structure of significant width that merits further exploration to develop its commercial gold potential. Sample BRG-104705, cut across a surface outcrop of the San Agustín Vein 200 metres northeast of DH-BRG-001, yielded a similar result of 4.89 g/t Au and 67 g/t Ag across a true width of 5 metres. Approximately 1 kilometre east-northeast of San Agustin, Brigadier trenched 10 metres of 1.85 g/t Au and 4 g/t Ag across the Tejones prospect pits.  These are on the same structure along-strike from San Agustín.

In the central part of the Property, about 1.2 kilometres north-northeast of San Agustin Mine, Brigadier trenched 16 metres of 1.1 g/t Au, 6 g/t Ag and 0.2% lead (Pb) (BRG-122536) across the northeasterly trending Roque Vein.  This result includes 2 metres of 8.84 g/t Au, 36 g/t Ag and 1.6% Pb.  Trenching is on-going to better define the orientation and mineral potential of this potentially important vein prior to drilling.  Analytical results from other newly discovered veins are in-progress at SGS Laboratories in Durango.

Surface due-diligence sampling of the porphyry copper-molybdenum occurrence has returned values of 0.32 g/t Au, 48 g/t Ag, 0.53% Cu, 15 ppm Mo, 16 ppm tungsten (W) and 140 ppm bismuth across 12 metres (BRG-120841) near the pueblo of Picachos. From the northern part of the Property, results of >2000 ppm Mo, 284 ppm Cu, > 100 ppm W and 0.2% Pb across 4 metres were returned from historic rock chip channel sample WSR-176. This is a much larger target more than 4 square kilometres in size that will require substantial work such as surface trenching, diamond drilling and geophysical surveys. 

The project’s location, situated 25 kilometres equidistant from two recent bonanza grade discoveries of Vizsla Resources and GR Silver and along the same mineralized trend, positions Picachos as a truly exciting opportunity for Brigadier Gold and our shareholders.

The 3,954 hectare Picachos Property is centered over the historic “Viva Zapata” National Mineral Reserve, Sinaloa, Mexico.  It overlaps two mineralized systems, a porphyry copper-molybdenum system hosted by a Paleocene granite-granodiorite intrusive complex, and a gold-silver vein complex comprised of both east-northeasterly trending veins (La Cocolmeca Vein System) and northwesterly trending veins (El Placer System).  Sericitic alteration related to the porphyry system has been mapped over the northwestern two-thirds of the Property.  Quartz-biotite veinlets with chalcopyrite and bornite occur in the central part of this broad zone of sericitic alteration and imply the presence of a significant porphyry system at depth.  La Colcomeca Vein system has been mapped from San Agustín Underground Gold Mine in the southwestern part of the Property to El Pino seven kilometres to the northeast.  In the central part of the Property, the best exposure of the northwesterly trending system occurs between La Gloria Underground Gold Mine and the Urrea Gold Mines, located 630 metres southwest of La Gloria.  In this area, other northwesterly trending veins between these veins include Paldodismo, Colorin, Salvador, Trompetas and Mangos.  On the eastern part of the Property, Tatemales and La Botica define a four kilometre long trend.  The growing inventory of priority drill targets within the 7km mapped La Colcomeca Vein System, as well as the underexplored copper molybdenum system, underscore the untapped potential of this particular region of Sierra Madre Occidental epithermal belt.

As the drilling program unfolds and other exploration efforts continue across Picachos additional updates will be made public. 

Please visit our website to learn more about Brigadier Gold.”

National Instrument 43-101 Disclosure

The technical information in this press release has been reviewed by Michelle Robinson, MASc., P.Eng., a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Core and sample handling procedures are documented in the Company’s press release dated October 22, 2020. Standard pulps, field duplicates, pulp duplicates and blanks are inserted into the sample stream. The samples were analyzed by SGS Laboratories in Durango using fire-assay methods for gold, and ICP methods with a 4-acid digestion for silver and base metals. SGS is an accredited laboratory. It is the QP’s opinion that the technical information disclosed in this press release is reliable.

About Brigadier Gold Limited

Brigadier was formed to leverage 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.

For further information, please contact:  

Brigadier Gold Limited

www.brigadiergold.ca 

Ranjeet Sundher, Chief Executive Officer

corporate@brigadiergold.ca 

Leah Hodges, Corporate Secretary

(604) 377-0403

Reader Advisory

This news release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Brigadier Intercepts 46 grams of gold per tonne over 1 metre in first ever diamond drill hole at Picachos

Trench Sampling returns 15.5 grams gold per tonne over 1.6 metres at San Agustin Vein

Vancouver, British Columbia – November 24, 2020 – Brigadier Gold Limited (the “Company” or “Brigadier”) (TSXV: BRG, OTC: BGADF, FSE: B7LM) is pleased to announce assay results for the first three diamond drill holes (“DH-BRG-001, 002 and 003”) of a 5000 metre, 40-hole program at its Picachos Property, El Rosario, Sinaloa Mexico(“Picachos”). In addition, assays have been received for surface rock-chip channel samples (trenches) across the San Agustin Vein.

The drill program is currently active on hole number 18 having completed approximately 2158 total metres. The first 14 holes of the program tested approximately 225 meters of strike length in the San Agustin vein, with holes with 15 – 18 now testing Los Tejones, approximately 1 kilometre northeast of San Agustin on the same regional east-northeast trending Cocolmeca shear zone. A steady flow of samples continues to be shipped to SGS Labs in Durango with additional assays expected imminently.

“I’m pleased that the vision I had when assembling this project over many years is starting to take shape,” said Michelle Robinson, Picachos Chief Geologist. “As good as the assays were in BRG-001 the drill appears to have cut through old underground workings reducing the potential reported overall width of mineralized material. With 40-holes and 5000 metres of drilling in this program, I’m confident we will continue to add significant value to the project”. 

The 3,954 hectare Picachos Gold-Silver Property is centered over the historic “Viva Zapata” National Mineral Reserve, Sinaloa, Mexico, approximately 4 hours by road from the city of Mazatlan. Picachos features over 160 historic mines and workings, and at least 46 veins including San Agustin.

“We are very encouraged with the early success of the inaugural diamond drill program at Picachos,” remarked Ranjeet Sunder, President and CEO of Brigadier Gold. “To confirm high grade gold mineralization in a vein system totaling 8 kilometres in length, within a property that hosts multiple of these systems is exciting and points to further discovery potential within the project. Given Michelle’s intimate knowledge of Picachos, combined with a robust historical data set, we are confident that the prospective targets we have chosen will continue to yield strong results”.

All of the first three diamond drill holes intercepted the mineralized fault contact between thickly laminated graphitic and pyritic argillite in the hangingwall and intermediate pyroclastic rocks correlated to the Tarahumara Formation in the footwall. Mineralized portions of the fault are brecciated, and higher precious metal grades are evident in cockade quartz breccias and crustiform quartz veinlets that occur both in argillite and in the volcanic rocks. Collectively, these holes tested up to 170 metres below surface.  All results are reported in Table 1, below. The objective of this fence of holes was to tightly constrain the orientation of the structure for exploration along-strike and down-dip outside the immediate mine area. 

Prior to drilling, Brigadier completed due-diligence surface and underground rock chip channel sampling on exposed parts of the San Agustin Vein. On surface, the contact between the volcanic and metamorphic rocks is sheared and leached due to weathering, nonetheless, anomalous values of 0.39 g/t Au and 53 g/t Ag across 7 metres were determined for trench BRG-93958, and clearly imply the presence of a major structure below surface. Similarly, values of 3.21 g/t Au and 184 g/t Ag across 1 metre were assayed for BRG-93976, located 150 metres northeast of BRG-93958. Underground, approximately 15 metres north of BRG-93958, chip-channel sample line BRG-120604 was cut 20 metres below surface from a historically mined surface shaft (Pozo Mojonera) and contains 7.53 g/t Au and 113 g/t Ag across 1.5 metres. A second underground sample line, BRG-120601, was cut from 23 metres below surface. This result was 15.49 g/t Au and 109 g/t Ag across 1.55 metres. The central portion of this sample line contained the most gold, with values of 66.36 g/t Au and 99 g/t Ag across the central 0.35 metres. Finally, approximately 220 metres northeast of Pozo Mojonera, there is a surface trench that follows the San Agustin Vein for approximately 20 metres. A series of 1 metre wide chip-channel samples across the face of the trench yielded an average result of 4.89 g/t gold and 67 g/t Ag across 5 metres in trench BRG-104705.   

Table 1

National Instrument 43-101 Disclosure

The technical information in this press release has been reviewed by Michelle Robinson, MASc., P.Eng., a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Core and sample handling procedures are documented in the Company’s press release dated October 22, 2020. Standard pulps, field duplicates, pulp duplicates and blanks are inserted into the sample stream. The samples were analyzed by SGS Laboratories in Durango using fire-assay methods for gold, and ICP methods with a 4 acid digestion for silver and base metals. SGS is an accredited laboratory. It is the Qualified Person’s opinion that the technical information disclosed in this press release is reliable.

About Brigadier Gold Limited

Brigadier was formed to leverage 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.

For further information, please contact:  

Brigadier Gold Limited

www.brigadiergold.ca

Ranjeet Sundher, Chief Executive Officer

corporate@brigadiergold.ca  

Leah Hodges, Corporate Secretary

(604) 377-0403

Reader Advisory

This press release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Brigadier Steps-Out 23 Metres and Drills Two More Holes Intersecting Vein Hosting High-Grade Historical Gold Mine

Vancouver, British Columbia – November 2, 2020 – Brigadier Gold Limited (the “Company” or “Brigadier”) (TSXV: BRG, FSE: B7LM, USA: BGADF) is pleased to announce that the first five diamond core drill holes of a 5000 metre, 40-hole program at its Picachos Property (“Picachos”) have intersected the San Agustín vein up to 180 metres below surface.  Core from holes BRG-001 to BRG-005 has been received by SGS Labs in Durango.  Assays will be made public upon completion of the analytical work.

The 3,954 hectare Picachos Gold-Silver Property is centered over the historic “Viva Zapata” National Mineral Reserve, Sinaloa, Mexico and features 46 veins including San Agustín. The San Agustín mine was the subject of underground channel sampling by a prior operator which returned an average grade of 81.22 grams per ton (g/t) gold (Au) and 73.36 g/t silver (Ag) across 1.2 m (Thunderbird Projects news release dated 18 June 1997). Values of 185 g/t Au were cut across the bottom of a production shaft (sample HBM-73175).

Holes BRG-004 and BRG-005 are collared below the southwestern part of a historic exploration drift accessed from the El Carrito Adit. Underground rock-chip channel sample BRG-120613 from this drift yielded an SGS lab result of 8.02 g/t gold, 63 g/t silver, 446 ppm Cu, 0.3% Pb and 0.5% Zn across 1 metre.  Historic underground rock-chip channel sample MCA-29887 from extraction Level 646 contained 125.52 g/t Au and 76 g/t Ag across 1.5 metres. Drill hole BRG-004 is angled at -46 degrees towards the southeast (azimuth 112 degrees) and tested the San Agustin Vein 16 metres below MCA-29887. Anomalous silver that is expected to correlate with gold was identified using a Niton FXL benchtop XRF analyzer at several locations in the hole. The XRF silver anomaly associated with the San Agustin Vein peaks at 86 ppm Ag and occurs between 63 and 76 metres down-hole in BRG-004.  

Drill hole BRG-005 is angled at -70 degrees towards the southeast (azimuth 114 degrees). It tested the San Agustin Vein 51 metres below the intercept of BRG-004. The XRF silver anomaly associated with the San Agustin Vein peaks at 68 ppm Ag and occurs between 92 and 115 metres down-hole in BRG-005. The upper part of this silver anomaly is associated with quartz-specularite veining in argillite. The lower part is located at the contact of argillite in the hanging wall, and porphyritic ignimbrite correlated to the Tarahumara Formation in the footwall. This contact is faulted and mineralized with precious metal bearing microcrystalline and crustiform quartz. Panned pulp samples from both quartz-specularite and microcrystalline quartz veinlets show gold.

Cross-Section of San Agustin Vein.  Sample pulps cut every metre or half metre along the core axis were analyzed in the field using a Niton FXL benchtop XRF analyzer for metals and major elements. Rock chip-channel sample line BRG-120613 is 7 metres northeast of (behind) this cross section.

Appointment of Officer

The Company is pleased to announce that Mr. Steve Vanry has been appointed as Chief Operating Officer of the Company.

Mr. Vanry has 25-years professional experience in senior management positions with public and private companies, providing expertise in capital markets, strategic planning, corporate finance, mergers and acquisitions, regulatory compliance, accounting and financial reporting. His breadth of experience spans various industries, including; mining, oil and gas, renewable energy, high-technology and manufacturing. Mr. Vanry regularly consults for other listed companies in the role of director and/or senior executive. Mr. Vanry holds the right to use the Chartered Finance Analyst (CFA) and Canadian Investment Manager (CIM) designations and is a member of the CFA Institute and the Vancouver Society of Financial Analysts. Mr. Vanry’s appointment is subject to approval by the TSX Venture Exchange (the “Exchange“).

In connection with Mr. Vanry’s appointment, subject to approval by the Exchange, Mr. Vanry is entitled to receive, in addition to his salary, a signing bonus payable by the issuance of 600,000 common shares in the capital of the Company (the “Common Shares”). The Common Shares would be subject to a hold period expiring four months and one day from the date of issuance. 

National Instrument 43-101 Disclosure

The technical content of this press release has been reviewed and approved by Ms. Michelle Robinson, MASc., P.Eng., and a Qualified Person as defined by National Instrument 43-101.  Core and sample handling procedures are documented in the Company’s press release dated October 21, 2020.  It is the Qualified Person’s opinion that the technical information disclosed in this press release is reliable.

About Brigadier Gold Limited

Brigadier was formed to leverage 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.

For further information, please contact:  

Brigadier Gold Limited

www.brigadiergold.ca 

Ranjeet Sundher, Chief Executive Officer

corporate@brigadiergold.ca    

Leah Hodges, Corporate Secretary

(604) 377-0403

Reader Advisory

This news release may contain statements which constitute “forward-looking information”, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities of the Company. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, or its management, are intended to identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future business activities and involve risks and uncertainties, and that the Company’s future business activities may differ materially from those in the forward-looking statements as a result of various factors, including, but not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.