Castle Minerals claims bedrock gold discovery at Bundi

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THE DRILL SERGEANT: Castle Minerals (ASX: CDT) has claimed discovery of an open ended zone of bedrock gold mineralisation over one kilometre long while conducting RAB drilling at the Bundi prospect, situated within the company’s Wa project in north-west Ghana.

 

Wa project geology and prospect locations in north-west Ghana. Source: Company announcement

 

Castle claim the new gold mineralised zone to be 20 metres to 60 metres wide and remains completely open to the north and south.

The company indicated it would soon commence extensional drilling to outline the full extent of the zone.

Castle considers Bundi to be one of the strongest bedrock gold targets it has generated to date with the gold mineralisation discovered beneath a shallow veneer of alluvial cover.

“Bundi is a compelling target for RC drilling that we will complete as soon as we define the full extent of this open ended zone,” Castle Minerals managing director Mike Ivey said in the company’s announcement to the Australian Securities Exchange.

“These results reaffirm the very strong prospectivity of this unexplored area that will now be part of an enhanced exploration effort by Castle.”

The drilling was conducted by Castle using the company’s own RAB drill rig.

Results from the drilling included:

4 metres at 0.70 grams per tonne gold from 5 metres;

5m at 0.35g/t gold from surface;

8m at 0.30g/t gold from surface;

7m at 0.15g/t gold from surface;

2m at 0.25g/t gold from 10m;

4m at 0.28g/t gold from 10m;

5m at 0.97g/t gold from surface;

10m at 0.17g/t gold from surface;

13m at 0.33g/t gold from 5m;

19m at 0.26g/t gold from 5m; and

10m at 0.74g/t gold from 5m, including 5m at 1.23g/t gold from 5m.