BIRIM GOLDFIELDS INC. 1155 University St., Suite 812 Montreal, Quebec, Canada H3B 3A7
For immediate distribution
BIRIM BEGINS DRILLING OF OPON GOLD PROSPECT
Montreal, Canada, February 14, 2000 - Birim Goldfields Inc. (BGI: TSE) is pleased to announce the first of what is expected to be several drilling programs in Ghana. The initial venture consists of a follow-up drilling program for the Opon gold prospect, located in the southern segment of the Dunkwa concession.
The drill program, scheduled to begin towards February 20th, will initially consist of 18 reverse circulation holes of 70 meters each, drilled to the east (-60 degrees) at 25-meter spacings, on three lines spanning 150 meters. Re-interpretation of the previous drill results leads the Company to believe that the mineralization at Opon is likely to be similar to that found elsewhere along the Ashanti trend and that the previous drilling pattern could have missed the strike extensions of the pencil-shaped mineralised zones. The present program will test the mineralization down to a vertical depth of 60 meters.
Previous work on the Opon target has consisted of soil sampling, trenching and drilling. The presence of gold mineralisation at surface was clearly expressed in trenching where a 152-meter long section (500 ft) reported 1.43 g/t gold (0.05 oz/ton), including a 68-meter segment (223 ft) grading 2.47 g/t gold (0.08 oz/ton) with an 8-meter (26 ft) central portion grading 6.21 g/t gold (0.20 oz/ton). Subsequently, twenty-eight reverse circulation and five diamond diamond drill holes were drilled to test the extent of the mineralisation that had thus far been encountered. Some of the intersections encountered in the shallow, westerly dipping (-30 degrees) and oxidized mineralised zones are:
Hole Grade (g/t Au) Interval (m)
BOD-2 (DD) 2.57 (0.08 oz/ton) 0-26 (0-83 ft) BOR-5 (RC) 2.00 (0.07 oz/ton) 6-16 (20-53 ft) BOR-12 (RC) 3.28 (0.11) oz/ton) 20-30 (64-96 ft)
As Birim shareholders and investors alike are no doubt aware, holding title to low-cost, open pittable, advanced gold projects is the key to survival and longevity at current prices. Such projects, when close to existing mining and processing infrastructures provide their owners with "an ace up their sleeve" when it comes to making such a project viable. This is particularly the case with the gold prospects of the Dunkwa southern license since it lies contiguous with Golden Star and Anvil Mining's Bogoso Mine.
For a complete description of the Company's activities, readers are highly encouraged to visit Birim's web site at www.birim.com
Birim Goldfields Inc. is a mining exploration firm whose mission is to explore and develop gold deposits in Ghana, West Africa. The Company currently has 21.4 million common shares outstanding.
For further information, contact: Denis Simoneau, President or David Jones, Investor Relations Tel: (514) 393-8611 or 1-800-721-8611 Fax: (514) 393-1158 e-mail: info@birim.com Web site: birim.com |