Exore Resources Grows Antoinette Gold Region

THE DRILL SERGEANT: Exore Resources (ASX: ERX) has completed drilling that as extended the Antoinette region at the company’s Bagoe project in northern Cote d’Ivoire.

Exore Resources claimed a new bedrock discovery at ‘Antoinette South’ along strike of the Central zone, with multiple shallow, mineralised lodes intersected, all of which remain open.

First pass RC results include:

16m @ 1.97g/t gold from 139m;
14m @ 2.06g/t gold from 30m;
11m @ 2.39g/t gold from 37m;
10m @ 1.83g/t gold from 62m.

At Antoinette Central further shallow, high-grades were intersected by RC resource definition drilling, extending drilled strike length to 850m remaining open in all directions.

Further results include:

5m @ 3.78g/t gold from 74m;
4m @ 4.84g/t gold from 106m;
7m @ 2.14g/t gold from 114m;
2m @ 6.79g/t gold from 2m;
9m @ 1.28g/t gold from 58m; and
4m @ 2.56g/t gold from 36m.

A gap measuring 900m by 400m between Antoinette Central and Antoinette South remains untested, although Exore indicated a geochemistry and structural interpretation highlighted the intersection of south-west and north-east trends as a priority drill target.

The company claimed another new bedrock discovery at the Antoinette East target.

Artisanal mine workings indicate some 600m of potentially mineralised strike with first pass RC drilling returning high-grades, including 5m at 18.71g/t gold from 64m.

An outstanding AC result was achieved at Antoinette West of 30m at 1.05g/t gold from 8m (ended in grade), testing northern strike extension.

Exore declared the exploration drilling a ‘success’, having attained its goal of identifying new resource targets and confirming Antoinette as a substantial gold system.

RC drilling is ongoing at Antoinette and AC drilling continues at Veronique.

“The completion of around 8,500 metres Phase One RC resource definition drilling at Antoinette Central, provided the first opportunity to undertake reconnaissance RC drilling on a number of the surrounding untested targets,” Exore Resources managing director Justin Tremain said in the company’s announcement to the Australian Securities Exchange.

“Each of these targets has delivered excellent results, with the Antoinette South discovery being extremely encouraging.

“Drilling results at Antoinette South, combined with soil sampling geochemical data and structural interpretation, show the potential for north-west strike extension of the South zone to intersect the south-west strike extensions of the Central zone, providing an exciting and priority drill target.

“These latest RC and AC results from exploration drilling in the southern, eastern and western areas of Antoinette show the potential to delineate a truly substantial gold system.

“Two rigs continue to operate at Antoinette and Veronique, and we are looking forward to reporting further exciting drilling results from each area in the coming weeks.”


Email: info@exoreresources.com.au

Website: www.exoreresources.com.au