Canyon discovers parallel structure on Tao project
THE DRILL SERGEANT: Canyon Resources has announced initial auger soil sampling and RAB (Rotary Air Blast) drilling results from exploration conducted on the Tao Project.
Initial results from the programs, extensions of the previously announced 3.1 kilometre strike on the Tondoby Prospect, have indicated that the mineralisation extends to over 12 kilometres and remains open along strike in both directions along the main structure.
A second parallel structure has also been delineated by the auger drilling, with gold anomalism extending over 5 kilometres and remaining open.
During the current exploration season, 171 RAB holes were drilled for more than 6,000 metres, focusing on testing the strike to the north and south of the Tondoby Prospect.
An auger soil sampling program of over 6,000 metres has also been completed over further areas to the south of the Tondoby Prospect to provide additional targets for drilling.
Initial results have indicated that the mineralisation extends over 9 kilometres further to the south and remains open.
Canyon is awaiting the return of a large number of RAB and auger results from this campaign, and will report these as they come to hand.
Following assessment of all RAB and auger results, the company will design an aggressive drilling campaign for the new exploration season scheduled for late 2012.
Canyon Resources project areas over Burkina Faso regional interpreted geology map. Source: Company announcement
Taparko North Project
At the end of May 2012, the company had completed a 6,019 metre RAB drilling program over 323 holes on the 10 kilometres long CS prospect gold anomaly focussing on the 4 kilometre higher grade zone within the prospect.
The company is waiting on assay results from this program. Following the drilling of the CS Prospect, the RAB rig was shifted to the copper/zinc targets on the Karga Prospect, also part of the Taparko North Project.
A 4,360 metre program has been completed and XRF multi-element analysis is being undertaken on the samples prior to assaying.
“Canyon is conducting its most active field season since its IPO, and we are pleased to be able to release the first of what will be a substantial quantity of assay information which will help us to build our geological understanding of our projects and assist in planning the next round of drilling'” said Canyon’s managing director Phil Gallagher.
“We are very pleased with these initial results from the Tao Project, and we remain highly encouraged by what we are seeing across our entire Burkina Faso portfolio of assets,” added Gallagher.