Bema’s Chilean deposit could be a big one

Forty-five reverse circulation holes were drilled on an area covering 3,000×1,700 ft. Bema reports that the drilling has outlined a large gold mineralized oxide body that is thickening and remains open to the northeast.

The company reports that preliminary coarse cyanide bottle roll tests suggests that the oxide mineralization is amenable to heap leaching with low cyanide consumption. IntervalType ofGrade Hole(ft)mineralization(oz/ton) V-1 0 – 85oxide0.019 85 – 184oxide0.033 184 – 328sulphide0.021 open to depth V-2 0 – 197oxide0.067 197 – 295oxide0.021 295 – 328sulphide0.019 open to depth V-3 0 – 183oxide0.035 183 – 330assays pending V-4 0 – 118oxide0.034 118 – 223oxide0.025 223 – 656assays pending V-5 0 – 341oxide0.031 341 – 656assays pending V-6 0 – 328oxide0.037 V-7 0 – 250oxide0.037 250 – 328sulphide0.027

Assays for silver and copper content are pending.

Bema Gold indicates it is planning a major drill program and engineering study to commence in mid-January.

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