Taruga Gold confirms Kossa mineralisation

THE DRILL SERGEANT: Taruga Gold has released results from the first 14 holes completed at the Borobon prospect of a recently completed reverse circulation (RC) drilling program at the company’s Kossa project in Niger, West Africa.

The maiden RC drilling campaign consisted of 72 drill holes and targeted gold mineralisation at the Borobon, Kossa, Kole and Fatatako prospects, all part of the Kossa Project.

 

Kossa project:  Borobon prospect with new drill results, pending RC and gold mineralised trends. Source: Company announcement

Taruga said the prospects were identified for immediate drill testing on the basis of extensive artisanal workings, geochemical anomalism and gold mineralisation indicated by previous wide‐spaced reconnaissance drilling.

Highlights of the results received so far include:

–    12 metres at 3.40 grams per tonne gold from 8 metres;

–    4m at 2.19g/t gold from 48m and 4m at 4.68g/t gold from 64m; and

–    16m at 1.52g/t gold from 12m and 8m at 1.30g/t gold from 44m.

Taruga said the drilling had confirmed shallow, high‐grade gold mineralisation in a gold mineralised trend that remains open at depth and along strike.

“These initial results are very exciting with the majority of the initial drill holes returning gold mineralised intersections and confirming the prospectivity of the Borobon prospect,” Taruga Gold executive chairman Bernard Aylward said in the company’s announcement to the Australian Securities Exchange.

“We are eagerly anticipating assay results for the remaining 58 drill holes of this maiden RC drilling program with results expected during June and July.

“Given the success of these first results a second‐phase RC drilling program is being planned to define and extend this gold mineralised zone.”

Taruga is continuing its exploration program with an aircore drill rig on site completing the first phase drill testing of multiple target zones.

In addition, the company has two auger drill rigs targeting regional structures, artisanal workings and extensions to the defined mineralised zones.