Neo Battery Metals Ltd (NBMFF)

[doinit]

BCGold.Corp.Announces.Trench.Assays.Up.to.979.g/t.Gold.and.Prepares to Commence Milling at Engineer Gold Mine

Two bulk samples have been mined and transported to the mill staging area for processing in September. The first bulk sample of 50 tonnes was sourced by surface trenching the Double Decker Vein where recent assay results have returned up to 979 g/tonne gold (28.6 oz/ton Au).
The second bulk sample of 90 tonnes was mined from the Engineer Vein on 5 Level, proximal to a 23 tonne sample processed in 1995 that returned a head grade 26.1 g/t gold (0.76 oz/t Au).
A total of five underground bulk samples will be mined from the Engineer Vein above 5 Level and transported to the mill for processing. These samples, each ranging from 50 to 150 tonnes, will include at least two high–grade remnant pillars from the historic Bonanza Shoot, which averaged more than 62 g/t gold (2 oz/t Au) according to historic mine records.
Refurbishment of the on–site gravity separation mill is 80% complete. Approximately 65 kilograms of concentrated material, recovered while cleaning out the ball mill after a sampling program conducted in 1995, assayed 2,147 g/t gold (62.6 oz/t) and 1,240 g/t silver (36.2 oz/t Ag).
The current exploration program is Phase I of the two–phase, three–year, $10.2 million exploration and development program recommended by Snowden Mining Industry Consultants Ltd. in their April 2011 National Instrument 43–101 Technical Report for the Engineer Gold Project (available at www.bcgoldcorp.com). The report describes an Inferred Mineral Resource estimate of 41,000 tonnes grading 19.0 g/t gold (including 14,000 tonnes grading 52.5 g/t gold) for the partially–mined Engineer and Double Decker Veins (see press release March 4, 2011).