Exore Resources Encouraged by Liberty Drilling Results

THE DRILL SERGEANT: Exore Resources (ASX: ERX) released results from its maiden reverse circulation (RC) drilling program at the company’s Liberty project in northern Cote d’Ivoire.

Exore Resources explained this to be the first ever RC drilling at the Liberty project and has intersected multiple, shallow mineralised lodes along 1,600 metres of strike at the Liberty 2 prospect.

Results included:

13 metres at 2.57 grams per tonne gold from 4m;
7m at 3.67g/t gold from 53m;
6m at 4.28g/t gold from 49m; and
8m at 2.50g/t gold from 36m.

Exore claimed the initial phase of RC drilling at Liberty 2 intersected high-grade gold in both oxide and fresh rock beneath aircore (AC) drilling intercepts.

The mineralisation remains open at depth and in all directions.

“We are pleased to announce these exciting results from the first ever RC drilling undertaken within the Liberty project,” Exore Resources managing director Justin Tremain said in the company’s announcement to the Australian Securities Exchange.

“The first pass RC drilling at Liberty 2 was wide spaced at 100 to 200 metres and represents the third discovery area for the Exore team.

“Like Antoinette and Veronique, Liberty 2 has substantial scale potential with mineralisation defined over 1,600 metres of strike.

“The results continue to demonstrate the potential to define substantial gold resources within Exore’s Cote d’Ivoire gold project.

“Two rigs continue to operate continuously, and we look forward to reporting further drilling results from Veronique and Antoinette shortly.”

Exore is continuing to operate two rigs on site at the company’s Bagoe project with an RC rig concentrating on the Antoinette region that will be drilling further resource definition holes in the Central zone, as well as further exploration holes in the West, South and East zones and other target areas.

Further RC results from the Antoinette area are expected in the coming weeks.

An AC rig is undertaking drilling at the large, high tenor Veronique gold-in-soil anomaly, following up on the firts five aircore lines, spaced 400m apart, testing the central 1.6 kilometres of the plus-eight-kilometre Veronique target, which previously returned highly anomalous results.


The Resources Roadhouse sat down with Justin Tremain at the recent RIU Sydney Resources Roundup



Email: info@exoreresources.com.au

Website: www.exoreresources.com.au