Geopacific Resources encounters new gold zone at Kou Sa

THE DRILL SERGEANT: Geopacific Resources (ASX: GPR) has claimed to have confirmed a new gold zone at the company’s Kou Sa project in Cambodia.

The company has intercepted gold mineralisation when drilling the first of a program of diamond holes into the project’s Prospect 190 gold geochemical anomaly, which corroborated earlier soil geochemistry that suggested the one kilometre long, 200 metre wide anomalous zone would be a gold only target.

Geopacific considers the width and interpreted strike length of the zone implies potential to host a substantial sulphide gold zone.

Gold mineralisation has been identified in two zones, one of which commences from surface and the other from a depth of 21m.

According to Geopacific the gold is associated with narrow pyrite veins within a strongly foliated breccia zone.

Single metre samples have grades up to 2.46 grams per tonne gold within broader zones.

“This is the first time we have drilled a gold-only geochemical anomaly at Kou Sa and to get immediate results so close to surface is very encouraging,” Geopacific Resources managing director Ron Heeks said in the company’s announcement to the Australian Securities Exchange.

“We were confident from mapping and surface sampling that the area had the potential to produce gold mineralisation and this is now confirmed.

“The shear hosted nature of the mineralisation has the potential to be deep and long.

“The similarities in geology and geochemistry between the Prospect 170 and 190 gold anomalies are encouraging and we await results from initial testing at Prospect 170.”

Email: info@geopacific.com.au

Website: www.geopacific.com.au