Riedel commences Burkina Faso drilling
THE DRILL SERGEANT: Riedel Resources has commenced a program of RC drilling at the company’s Tagou project in Burkina Faso.
The drilling is targeting a quartz vein set characterised by very high grade rock chip gold assay results that occur within a 30 to 50 metre wide structural corridor at least 4 kilometres in length.
The drilling follows a series of field exploration program conducted by Riedel at the Tagou project in April immediately after it had acquired it, along with four other permits.
Geology and tenement map showing Riedel’s Tagou and Moaga projects. Source: Company announcement
In this time Riedel has carried out rock-chip sampling (91 samples), geological mapping and surface soil geochemical sampling (3,645 samples) within the Tagou project area.
Rock-chip results from veins up to 5m wide include:
– 65.5 grams per tonne gold, 63.8 g/t gold, 47g/t gold, 28g/t gold,11.2g/t gold and 8.78g/t gold.
The strength of the assays it received resulted in the company delineating numerous high-priority drilling targets.
The company said the results also provided confidence that its decision to explore for large-scale gold deposits in West Africa has a chance of success.
The RC drilling has now kicked off at Tagou with the aim of testing the tenor, width and depth potential of vein-hosted gold in two high-priority target areas.
“Securing suitable equipment to commence RC drilling in just over a month since completion of the projects acquisition is an excellent outcome,” Riedel Resources managing director Jeffrey Moore said in the company’s announcement to the Australian Securities Exchange.
“The rapid turn-around of assay results from recent rock-chip sampling greatly assisted with target ranking at Tagou and enabled us to confidently define high-order gold targets so that RC drilling could be accelerated and completed prior to the onset of the wet season.
“Being able to capitalise on the present weather window to deliver and evaluate drilling results also gives us a great opportunity to plan follow-up RC and diamond drilling which can commence as soon as the weather permits.”
Riedel has approximately 2,000m of drilling, in drill holes up to 150m deep planned to target mineralised quartz veins in structural corridors ranging from 30m to 50m in width within a key four kilometre long target zone.
There has not been any previous drilling carried out in the Tagou Permit area.
The company said it intends using the results of this drilling program in planning future drilling program over other, similar target corridors which have already been outlined within the Tagou Permit, as well as planning follow-up and infill drilling over those areas which return the best gold results.