Castle confirms gold mineralisation at Wa South

THE DRILL SERGEANT: Castle Minerals Limited (ASX: CDT) is pleased to announce that RAB drilling at its Wa South prospect in north‐west Ghana has confirmed two parallel trending gold zones approximately one kilometre apart.

According to the company this represents the first known gold mineralisation in the area.

The discovery came about through soil sampling, auger drilling and RAB and RC drill testing.

“These results confirm the strong prospectivity of this previously unexplored area,” Castle Minerals managing director Mike Ivey said in the company’s announcement to the Australian Securities Exchange.

“Wa South has always rated very highly in our prospect rankings being in an excellent geological and structural setting for gold and I am sure we will discover additional gold mineralisation as exploration continues.”

 

Source: Company announcement

 

Castle said the newly-identified east mineralised corridor is accompanied by a wide zone of pyrite alteration within the host sediments.

The gold mineralisation was discovered beneath 2 metres to 3 metres blanket of transported gravels that covers much of the area.

The company has also completed regional auger drilling five kilometres north‐west, which it said has defined a new 800 metre long prospect.

The Bundi prospect is the strongest auger anomaly Castle has reported to date at Wa South.

Further drilling at Wa South is planned to be completed in Q4 2012.