Ampella drilling intercepts high-grade gold

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THE DRILL SERGEANT: Ampella Mining has received drill results showing shallow wide zones of high-grade mineralisation from recent infill drill programs at the company’s 100 per cent-owned Konkera gold resource at the Batie west project, in Burkina Faso West Africa.

The latest assay results were received from a reverse circulation and diamond drill program Ampella completed in the second half of 2011 on the Konkera North, Konkera Main and East and Kouglaga Prospects.

At Konkera North the best drill intercepts included:
 
–    66 metres at 5.4 grams per tonne gold, including 26 metres at 9.7 grams per tonne gold;

–    58m at 4.1 g/t gold;
 
–    55m at 4.2 g/t gold;
 
–    45m at 4.3 g/t gold, including 9m at 8.4 g/t gold; and
 

–    59m at 2.9 g/t gold, including 4m at 8.9 g/t gold.

 

Konkera drill collar plan. Red dots represent drill holes with current
results, yellow dots indicate assays results pending. Source: Company
announcement

Ampella has received approximately 80 per cent of the assay results have been returned from the drill program completed at Konkera Main and East in the second half of 2011 with most results from diamond tails still to be returned.

At Konkera Main and East best intercepts received so far included:
 
–    5m at 20.0 g/t gold, 2m at 49.5 g/t gold and 9m at 3.2 g/t gold (diamond tail assays pending);

–    21m at 4.6 g/t gold;
 
–    26m at 2.9 g/t gold, including 5m at 11.6 g/t gold; and

–    19m at 3.1 g/t gold (diamond tail assays pending).

“The latest round of exciting shallow infill drill results would assist in further increasing the size of the Konkera Resource that reports to the Indicated Resource classification as well as add increased confidence in the assessment of gold grade continuity across the resource”. Ampella Mining managing director Dr Paul Kitto said in the company’s announcement to the Australian Securities Exchange.

The Independent JORC Compliant Mineral Resource for Konkera consists of an Indicated Resource of 30 million tonnes at 1.6 grams per tonne gold for 1.5 million ounces gold and an Inferred Resource of 31.8 million tonnes at 1.5 grams per tonne gold for 1.6 million ounces gold.