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Brandon Gold: New Mineralized Zone Discovered, Kiruna Block, Sweden.


VANCOUVER, British Columbia--(BUSINESS WIRE)--June 10, 1998--Brandon Gold Corporation (VSE See DOS/VSE.

VSE - Virtual Storage Extended
:BG.) (BG.V) is pleased to announce that it has discovered a new mineralized min·er·al·ize  
v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es

v.tr.
1. To convert to a mineral substance; petrify.

2. To transform a metal into a mineral by oxidation.

3.
 zone on the northeastern section of Brandon's 100 percent owned Kiruna property in Northern Sweden. The Company has received assays from preliminary diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral  on 2 of 8 Phase I drill targets.

The preliminary diamond drill program is testing 8 target areas defined by co-incident geology, geochemistry geochemistry, study of the chemical changes on the earth. More specifically, it is the study of the absolute and relative abundances of chemical elements in the minerals, soils, ores, rocks, water, and atmosphere of the earth and the distribution and movement of  and geophysics geophysics, study of the structure, composition, and dynamic changes of the earth, its atmosphere, hydrosphere and magnetosphere, based on the principles of physics.  which are patterned after the well documented Viscaria Mine which lies within Brandon's Kiruna property. Viscaria, operated by Outokumpu Mines Ltd., was in production from 1982-1997 and produced 12.5 million tonnes grading 2.3 percent copper and 0.3 grams per tonne gold.

Another recently closed mine, Pahatohavare, also within the Brandon property, was in production from 1990-1996 and produced 1.68 million tonnes grading 1.89 percent copper and 1.30 grams per tonne gold. The geological signature is known as the "Viscaria formation" and is evident in both mines.

The new mineralized zone is a stacked massive sulphide system beneath a shallow lake (Vittankijarvi) 35 kilometres northeast of the Viscaria Mine. Geology typical of the "Viscaria formation" has been intercepted in all but one hole in the northeast drill program.

Significant mineralized intercepts include hole 98004 which intercepted 4.15 metres of 0.70 percent copper and 0.04 percent cobalt including 1.65 metres of 1.45 percent copper and 0.06 percent cobalt. Hole 98005 intercepted 19.8 metres grading 0.65 percent copper, 0.03 percent cobalt and 0.11 grams per tonne gold including 9.1 metres of 0.88 percent copper and 0.05 percent cobalt and 0.17 grams per tonne gold.

Anomalously high values of copper, cobalt and nickel were also intersected over significant core lengths outside of those listed above. The importance of this discovery is that it confirms the presence of mineralization Mineralization
The process by which the body uses minerals to build bone structure.

Mentioned in: Rickets

mineralization,
n the bioprecipitation of an inorganic substance.
 and its association with the 40 kilometre long airborne geophysical ge·o·phys·ics  
n. (used with a sing. verb)
The physics of the earth and its environment, including the physics of fields such as meteorology, oceanography, and seismology.
 signature outside of the existing mine areas.

Brandon is currently drilling two geophysical anomalies to the southwest of Vittankijarvi. A third drill rig is operating on the southwest border of the Viscaria Mine. Once complete, the rig will move to the northeast border where data from the mine shows the extension of the original Viscaria deposit onto the Brandon land claim.

Further drilling will include several more geophysical anomalies with coincidental co·in·ci·den·tal  
adj.
1. Occurring as or resulting from coincidence.

2. Happening or existing at the same time.



co·in
 geochemical showings throughout the Kiruna property. Brandon will also commence deep section induced polarization Induced polarization (IP) is a geophysical imaging technique used to identify subsurface materials, such as ore. The method is similar to electrical resistivity tomography, in that an electric current is induced into the subsurface through two electrodes, and voltage is  and diamond drilling on the Huornaisenvuoma carbonate hosted zinc deposit (560,000 tonnes at 4.6 percent zinc, 1.7 percent lead, 0.2 percent copper and 12 grams per tonne silver) in order to extend known mineralization along strike and at depth. The Huornaisenvuoma deposit is located approximately 60 kilometres east of the Kiruna block.

Upon completion of the preliminary program, Brandon will evaluate the data in order to prioritize the second phase of drilling. Brandon continues to outline new drill targets utilizing ongoing geophysical and geochemical programs. The Company has drilled over 90 basal till drill holes yielding 6 new, separate anomalous areas within the Kiruna Property.

Management is very encouraged by the results to date and looks forward to further success in Northern Sweden. Brandon Gold Corporation Scott Angus, President

The Vancouver Stock Exchange Vancouver Stock Exchange (VSE)

A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies.


Vancouver Stock Exchange

See Canadian Venture Exchange (CDNX).
 has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this release.

CONTACT: Brandon Gold Corporation

Ian MacLean, 604/623-4707

Email: imaclean@brandon-gold.com
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 10, 1998
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