Castle defines new Pole gold anomalies

THE DRILL SERGEANT: Castle Minerals has completed a round of auger geochemical drilling at the Pole prospect situated within the company’s Wa project in Ghana.

Castle has six projects in Ghana covering more than 11,000 square kilometres, including the Wa project, which holds an Indicated and Inferred resource of 163,700 ounces of gold, where it has defined a number of gold anomalies.

“This is a significant new gold target with our auger sampling successfully defining a number of large high tenor gold anomalies in an attractive geological setting along the eastern margin of the Wa‐Lawra greenstone belt,” Castle Minerals managing director Mike Ivey said in the company’s announcement to the Australian Securities Exchange.

“Our exploration strategy continues to successfully generate greenfield targets of considerable scale and provides much encouragement that the rocks within our larger Wa project are capable of hosting world class gold deposits.”

 

Auger geochemistry results and interpreted geology for the Pole prospect. Source: Company announcement

The auger drilling campaign followed regional soil sampling conducted by Castle on four kilometre spaced lines that generated a 230 parts per billion gold soil results on what now forms the southern part of the Pole prospect within the Wa project.

The company tested a 10km long area by carrying out auger drilling on 800m by 50m centres, which it said had generated some substantial anomalies.

 The largest of these anomalies is 5km long (at plus-50 ppb gold) and includes a peak auger sample reporting 7,170ppb gold.

Castle is now conducting field mapping and site inspection in preparation for RAB drilling.