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THE DAILY ROADHOUSE

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Golden Rim Identifies Multiple High-Grade Gold Structures

THE DRILL SERGEANT: Golden Rim Resources (ASX: GMR) results for further rock chip samples and from geophysical data it collected as part of an ongoing exploration campaign at the company’s Kouri gold project in Burkina Faso.

Alicanto Exercises Swedish Project Acquisition Option

THE BOURSE WHISPERER: Alicanto Minerals (ASX: AQI) exercised an option to acquire 100 per cent of shares in Zaffer (Australia) Pty Ltd.

African Gold Hits High Grades at Sitakili Permit

THE DRILL SERGEANT: African Gold (ASX: A1G) recently completed a maiden drill program for the preliminary assessment of the Kirchon and Grand Filon prospects on the company’s Sitakili Permit in West Mali.

 

African Gold Hits High Grades at Sitakili Permit

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THE DRILL SERGEANT: African Gold (ASX: A1G) recently completed a maiden drill program for the preliminary assessment of the Kirchon and Grand Filon prospects on the company’s Sitakili Permit in West Mali.

African Gold outlined the objective of this program being to target systematically testing of a portion of what it considers to appear to be a very large system.

The drilling aimed to look beyond the obvious known gold lodes outcropping in artisanal workings dotting the landscape of the project, as well as defining areas of potential thicker and higher-grade shoots within these known lodes, broader disseminated zones and different orientations and structural styles to understand mineralisation.

The company declared the results to be extremely encouraging with all 16 holes returning shallow anomalous gold intercepts, including:

19SIR013
9 metres at 5.17 grams per tonne gold from 54m;

19SIRC006
3m at 3.07g/t gold from 40m and 2m at 4.71g/t gold from 59m;

19SIRC009
6m at 3.35g/t gold from 53m;

19SIRC010
6m at 5.8g/t gold from 126m and 3m at 2.34g/t gold from 117m; and

19SIRC011
6m at 1.97g/t gold from 42m.

Mineralisation remains open in all directions.

African Gold indicated it has follow up drilling in the pipeline at Sitakili that is expected to commence in the coming quarter.

A maiden shallow reconnaissance drilling program is also being undertaken at the nearby Bourdala, BouBou and Tintinba-Nord Permits, from which results are anticipated over the coming weeks.

“We are extremely encouraged by the multiple high-grade gold results from this initial drill program at our new Sitakili Permit in West Mali,” African Gold exploration manager and CEO Glen Edwards said in the company’s announcement to the Australian Securities Exchange.

“This region of the Kedougo-Kenieba Inlier is host to a number of world class gold mines and we are fortunate to have acquired a significant landholding in this highly sort after region.

“These first pass drill results point towards what could be a significant gold system with gold mineralisation open both along strike and down dip.

“We look forward to further results from our recent drilling and geochemical programs in the coming weeks and are already planning follow up drilling based on these results.”

 

Email: admin@african-gold.com

Web: www.african-gold.com

 

THE DAILY ROADHOUSE

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Auroch Minerals Drilling at Saints Nickel Project

THE DRILL SERGEANT: Auroch Minerals (ASX: AOU) has an air-core (AC) drilling program underway at the company’s Saints nickel project, located just outside Kalgoorlie in Western Australia.

Image Resources Enhances Ore Reserves Potential at Boonanarring

THE DRILL SERGEANT: Image Resources (ASX: IMA) reported drilling results from a program focused on adding new Ore Reserves at the company’s 100 per cent-owned, high-grade, zircon-rich Boonanarring mineral sands project, located north of Perth in Western Australia.

African Gold Granted West Mali Exploration Permit

THE BOURSE WHISPERER: African Gold (ASX: A1G) has been granted the Yatia-Sud Exploration Permit in the Kenieba region of West Mali.

Musgrave Minerals Resumes Drilling at Break of Day

THE DRILL SERGEANT: Musgrave Minerals (ASX: MGV) is out drilling again at the company’s Cue gold project in the Murchison district of Western Australia.

African Gold Granted West Mali Exploration Permit

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THE BOURSE WHISPERER: African Gold (ASX: A1G) has been granted the Yatia-Sud Exploration Permit in the Kenieba region of West Mali.

African Gold said the grant allows for commencement of exploration works on the permit, which is located within the gold producing Kedougou-Kenieba Inlier and close to the Senegal Mali Shear Zone that is known to host over 45 Million ounces of gold deposits.

The Yatia-Sud area is scattered by active artisanal mining sites, which African Gold believes demonstrates the gold potential of the property.

Previous explorers on the site include BHP Minerals (1995), Alpine Exploration Corporation and Robex Resources (1996-1998), Great Quest Metals Ltd (2002-2007) and Desert Gold Ventures Inc (2008- 2018).

This historical work has intersected gold mineralisation by way of drilling and trenching at a number of locations on the Yatia property.

“As part of our strategy we continue to build and get access to highly prospective ground in the Kedougou-Kenieba Inlier in western Mali,” African Gold CEO Glen Edwards said in the company’s announcement to the Australian Securities Exchange.

“Not just acreage but prospective permits in excellent geological address, on which mostly ‘piece meal’ historical work has already defined walk up targets.

“The inlier has long been known as a world class gold producing district hosting mines such as Sadiola, Yatela, Loulo, Gounkoto and Tabokoto.

“In more recent year’s exploration continues to deliver success after success such as Fekola, Sabodala, Boto, Kofi, Mako and many others.

“The company’s land position has been carefully chosen and contains under-explored areas hosting conceptual and empirical targets with real chances of delivering significant exploration success.”

African Gold indicted it has commenced its maiden exploration program that includes soil sampling, rock chipping and first pass shallow drilling on initial target areas on its other granted permits in the Kedougou-Kenieba Inlier in western Mali.

 

Email: admin@african-gold.com

Web: www.african-gold.com