Viking Ashanti hits thick gold in Ghana

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THE DRILL SERGEANT: Viking Ashanti has reported the thickest and highest grade gold intercepts it has encountered at its 100 per cent-owned Akoase East gold project in southern Ghana, West Africa.

The Perth-based company announced that first drilling of previously untested soil anomalies northeast of the Akoase East deposit had identified new zones of mineralisation. 

 

Project locations in Southern Ghana. Source: Company announcement

 

The drilling encountered one metre intercepts of up to 11.15 grams per tonne gold.

 
Highlights from reverse circulation (RC) drilling results received to date on the project’s Alimac and Andy Hills prospects include:

RC drilling carried out at Alimac, directly northeast of the Akoase East resource intersected 15m at 4.67 grams per tonne gold and 9m at 3.00 g/t gold, including one metre intervals of 9.99 g/t, 9.13 g/t, 9.14 g/t and 11.15 g/t.

A new zone of mineralisation was also identified over 800 metres strike length at Andy Hills, 2.5 kilometres northeast of Alimac, including 16m at 1.32 g/t gold.

“The results received to date from drilling at the Alimac prospect confirm that the extension of the Akoase East mineralisation continues for at least 200 metres immediately northeast of the current resource,” Viking Ashanti said in its ASX announcement.
 
The company claimed this had been indicated by previous drilling results combined with the latest results, which include:

–    11 metres at 2.06 g/t gold, 9m at 3.00 g/t gold and 4m at 4.69 g/t gold; and

–    2m at 2.57 g/t gold and 15m at 4.67 g/t gold.
 
At the Andy Hills prospect, 2.5km northeast of the Akoase East deposit, 14 RC holes were drilled with best results of:
 
–    16m at 1.32 g/t goldand 1m at 9.48 g/t gold;

–    7m at 1.57 g/t gold; and

–    4m at 1.48 g/t gold and 5m at 0.85 g/t gold.

“These intersections are interpreted to represent a new zone of mineralisation up to 800m long,” Viking Ashantis said.

“A further three strike kilometres of the Kadewaso structural trend, to the northern licence boundary remains to be drill tested.”