Bassari encounters high-grade gold at Makabingui

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THE DRILL SERGEANT: Bassari Resources has encountered high-grade gold intercepts from a resource drilling program currently underway at the company’s Makabingui gold project in Senegal, West Africa.

Bassari is conducting the drill program with its focus on growing Resources at Makabingui to over one million ounces by year’s end.

The current resource drilling program has returned high-grade intercepts from combined diamond and reverse circulation drilling.

 


Bassari Permits – Kenieba Inlier, Senegal – West Africa. Source: Company announcement

Highlights from the latest drilling include:

–    6 metres at 22.8 grams per tonne gold from 192.3 metres and 2 metres at 4.8 grams per tonne gold from 117 metres;

–    3m at 36.6g/t gold from 45m;

–    2m at 7.6g/t gold from 13m;

–    4m at 2.2g/t gold from 88m;

–    1.1m at 11.9g/t gold from 106.2m;

–    8m at 4.5g/t gold from 99m;

–    4m at 8.7g/t gold from 95m;

–    6m at 6.7g/t gold from 46m; and

–    2.4m at 3.4g/t gold from 178.6m.

“The latest drill results continue to show the mineralised system is large and our expanded drilling program is growing the resource,” Bassari Resources managing director Jozsef Patarica said in the company’s announcement to the Australian Securities Exchange.

“We have now drilled more than 18,500 metres with a significant area covered.

“With our step out drilling strategy we are still seeing continuity of mineralisation at depth and along strike.

“The latest results have also confirmed new lodes across strike and a continuation of the system at depth.

“Since recently visiting assay facilities we have also seen an improvement in sample turnaround times which will continue to be an area of focus for the remainder of the program.”

The current gold inventory at Makabingui stands at in 6.1 million tonnes at 2.6g/t gold for 503,000 ounces of gold at a 0.5 g/t cut-off.

The resource is defined to an average depth of 115 metres.

Bassari has concluded preliminary metallurgy work it said points to high recoveries and a simple processing path.