Burkina Faso drill results keep Vital interested

THE DRILL SERGEANT: Vital Metals has received gold assay results for the latest 16 holes from a recently completed 51 Hole RC drilling program in Burkina Faso.

The company is undertaking the drilling program targeting shallow high-grade gold mineralisation at the Kollo gold prospect, located on the Doulnia tenement (Vital Metals 60 per cent, Ampella Mining 40 per cent).

 

Location of Vital Metals tenements in Burkina Faso. Source: Company announcement

 

Recent results received for infill drilling on the Kollo gold prospect include:

–    4 metres at 6.29 grams per tonne gold from 78 metres;

–    3m at 6.41 g/t gold from 88m; and

–    8m at 3.62 g/t gold from 15m.

“The latest drilling on the Kollo trend (which has a strike of around 2.5 kilometres) has been focussed on the Kollo South, Kollo Central and Kollo North areas with the aim of bringing the drill spacing in these areas to a nominal 50 metre by 50 metre spacing,” Vital Metals said in its ASX announcement.

“Significantly the balance of the Kollo trend is untested by drilling.”

Vital said it expects to have received the balance of assays from the RC drilling program before the end of February or early March.

Once it has done so Vital will commence work on interpreting the data and completing geological modelling of the gold mineralisation.

The company’s exploration team is completing geochemical sampling program on a number of gold targets on the Kampala tenement.

Planning has also commenced on the next drilling program and with the Burkina Faso drilling season having just commenced, Vital appears confident enough time remains for it to complete further drilling once all results have been received and interpreted.