Firefinch Claims K3 Gold Discovery

THE DRILL SERGEANT: After spending time with The Resources roadhouse at the 2021 RIU Sydney Resources Roundup, Firefinch (ASX: FFX) announced discovery of a new, very high-grade zone within the company’s 100 per cent owned Finkola permit, part of the Massigui project in Mali.

Firefinch claimed the discovery 250 metres south of the K3 prospect within the Finkola permit.

K3 is close to the N’Tiola, Viper and Koting satellite deposits and is located 20 kilometres from the company’s 80 per cent-owned Morila gold mine.

The recent drilling at K3 intersected the best gold intersection drilled to date by Firefinch across either the Morila or the Massigui gold projects, returning:

21 metres at 13.45 grams per tonne gold from 110m.

The intersection includes two high grade zones of:

4m at 46.5g/t gold from 114m; and
3m at 16.1g/t gold from 121m.

“I’m told that this is the best intercept Firefinch has drilled to date,” Firefinch managing director Dr Michael Anderson said in the company’s ASX announcement.

“Of course, we are only just getting started, but what a fantastic early result from our drilling campaign.

“Finding and delineating a new potential source of oxide mill feed, on a tenement that is already moving through the process of gaining an exploitation license, will provide additional flexibility to our mill start up.

“We look forward to keeping our shareholders updated as further results come to hand.”