Taruga Gold drilling hits high-grade Kossa gold

/in /by

THE DRILL SERGEANT: Taruga Gold (ASX:TAR) has received assay results for reverse circulation (RC) drilling recently completed at the Borobon and Kole prospects within the company’s Kossa project in Niger, West Africa.

The Borobon prospect is located at the southern end of the Kossa-Borobon trend.

Taruga has now completed 30 RC drill holes at Borobon. The new RC drilling combined with drilling from TSX-listed Orezone Gold Corporation (TSX:ORE) has highlighted a zone of extensive gold mineralisation currently extending more than 2.5 kilometres remaining open at depth and along strike.

 

Borobon prospect drill results and gold mineralised trends update September 2012. Source: Company announcement

 

According to Taruga the Borobon drilling has highlighted gold mineralisation in at least four parallel zones.

The company has further drilling planned to confirm the continuity of mineralisation, target the depth extensions and test the strike extensions of the defined structures.
 
Highlights of the recent drilling at Borobon include:

–    12 metres at 3.35 grams per tonne gold from 9 metres;

–    12m at 2.23g/t gold from 15m and 9m at 1.47g/t gold from 41m;

–    10m at 1.13g/t gold from 29m;

–    2m at 19.97g/t gold from 84m; and

–    2m at 5.70g/t gold from 47m.

Taruga has also completed three wide-spaced traverses at the Kole prospect – an area containing artisanal workings and geochemical anomalism.

Drilling was completed on traverses up to 1,000m spacing and has returned gold mineralisation including:

–    1m at 1.09g/t gold from 44m; and

–    1m at 32.29/t gold from 97m.

Taruga said the high-grade gold mineralisation it encountered highlights the prospectivity of the mineralised structural zone.

The company is now waiting on further results for the Kossa prospect.

A Follow-up RC drilling program is planned to commence immediately following the wet season, which is expected to be at the end of September.

“The continued high-grade gold intersections are very encouraging for the Kossa project and the continuity of mineralised structures at Borobon prospect highlight the potential to define economic zones of gold mineralisation,” Taruga Gold executive chairman Bernard Aylward said in the company’s announcement to the Australian Securities Exchange.

“We will re-commence RC drilling in early October to continue testing the Borobon prospect.

“The drilling we’ve completed confirms the Borobon prospect as a high-priority target and we are planning a program of deep drilling as well as continuing to target the extensions to the mineralised structures.

“The initial drilling at the Kole prospect is very wide-spaced reconnaissance style that again highlights the potential to define high-grade gold mineralisation on the extensive Kossa-Borobon gold mineralised trend.”