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bison gold resources inc (BGE) Details

Bison Gold Resources Inc., a mineral exploration company, engages in the acquisition, exploration, and development of properties for mining of precious and base metals. The company primarily explores for gold. It has interests in the Central Manitoba Bissett property and the Cryderman property that are located in Winnipeg, Manitoba. The company also holds interest in the Apex/Miner property which is located in the Snow Lake area of Manitoba. Bison Gold Resources Inc. is based in Toronto, Canada.

bison gold resources inc (BGE) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: C$120.0K
Chief Financial Officer, Secretary, Director ...
Total Annual Compensation: C$47.5K
Compensation as of Fiscal Year 2012.

bison gold resources inc (BGE) Key Developments

Bison Gold Resources Inc. Provides Update on its Anticipated 2014 Exploration Program

Bison Gold Resources Inc. provided an update on its anticipated 2014 exploration program. Bison Gold is currently evaluating multiple exploration options for 2014 and undergoing an intensive geological review of its 100% owned Central Manitoba property (the CM Property). The goal of which is to establish an optimized technical program, given a limited budget, to maximize the value and potential of the CM Property. Specifically, Bison Gold technical personnel are scrutinizing: additional drilling to enhance and upgrade the inferred, near surface and high grade 331,000 ounce gold resource on the OgamaRockland zone; the potential for the Eldorado zone to add significant resources to the Central Manitoba portfolio; the Ross River Pluton claims for potential high value new gold resource discoveries; and the potential for the historic Central Manitoba mine gold structures to host substantial gold mineralization at depth. During mining operations from 1927 to 1937 the Central Manitoba trend historically produced 160,034 ounces of gold from less than 280 meters depth at a grade of 12.6 g Au/t.

Bison Gold Resources Inc. Announces Maiden High Grade Mineral Resource Estimate on the Ogama-Rockland Gold Deposit

Bison Gold Resources Inc. announced the results of the Maiden Mineral Resource Estimate for the Ogama-Rockland Gold Deposit on its Central Manitoba Property located in southeastern Manitoba. The Mineral Resource estimate has been prepared by Jamie Lavigne, P.Geo, a Senior Associate Geologist with Watts, Griffis and McOuat Limited (WGM) and reported in accordance with National Instrument 43-101 requirements. The estimate is classified as an inferred mineral resource and totals 1.28 million tonnes averaging 8.17 g/t Au for 337,000 ounces of contained gold at a cut-off grade of 2.50 g/t au. Table 1 shows the mineral resource at the 2.50 g/t cut-off grade and grades and tonnages at several other cut-off grades for comparison. The Ogama Rockland Domain (ORD) is interpreted to consist of a number of relatively thin, steeply dipping, tabular bodies and is currently being evaluated by Bison Gold for its underground mining potential. A conventional approach to estimation was employed that included 3 dimensional interpretation and block modeling of mineralization using GEOVIA GEMS 6.4 software. The ORD portion of the database on which the estimate is based contains 77 diamond drill holes which total 27,874 metres and includes 15,965 samples. The Mineral Resources are classified as Inferred and follow CIM Definition Standards for Mineral Resources and Mineral Reserves adopted on November 27, 2010 (CIM Definitions).

Bison Gold Resources Inc. Provides Update on 2012-2013 Exploration

Bison Gold Resources Inc. provided an update on 2012-2013 exploration and review key findings and exploration work. In third quarter of 2010, Bison Gold decided to focus on the resource potential adjacent and at depth to the old Ogama mine workings. Over the next two years, Bison Gold drilled 74 holes, totaling 26,747 metres on the Ogama-Rockland mineralized trend. A vast majority of the holes hit gold mineralization in at least one zone. The table below provides a sample of highlights from this drilling. The original targets for the drilling were the two main structures that were mined during the Ogama mine operations. However, along with intersecting these two structures at depth and along strike, numerous other mineralized structures were intersected, both in the hangingwall and the footwall of the Ogama mineralized zones. Key observations and conclusions from the drilling are as follows: There are many more parallel to en-echelon mineralized zones in close proximity to the original Ogama mineralized zones. The Ogama mineralized zones remain open at both depth and along strike. Drilling (and follow-up surface work) indicates that Ogama Vein #4 zone is a minimum of 800 m strike length and is the same structure that was mined shallowly from the Rockland shaft, 800 m west of the Ogama shaft. Ogama Vein #4 which was only mined from the original Ogama mine between 200-300 metres beneath surface is mineralized to surface along its entire strike length. The 420 zone, a subsequent new discovery made by drilling in the footwall of Ogama Vein #4 is mineralized to 500 m beneath surface and is open along strike to the west of the discovery hole.


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