SCREEN FIRE ASSAYS RETURNS 10m AT 123g/t GOLD AT DIDIEVI
African Gold CEO and Exploration Manager, Glen Edwards, commented:
“We recently announced some spectacular broad, high grade intercepts from our recently completed drilling programs at our Didievi Gold Project in Côte d’Ivoire. Historically, it hasn’t been recognised that a high grade gold component existed at Didievi however artisanal miners have been collecting free gold on the margins of the deposit. The historical drilling was assayed by fire assay (the most common assay method) which picked up some very high grades. As part of the QA/QC of our current drill program we ran screen fire assays over the higher grade intervals. These screen fires returned some spectacular intercepts including SOME OF THE HIGHEST GRADE INTERCEPTS I HAVE DRILLED IN MY CAREER.
We are extremely excited about the prospectivity of this gold system and look forward to kicking off the next phase of drilling when I arrive back to the Project later this month”
- Screen fire assays received on high grade (+5g/t gold) samples highlight high grade component of the system at the Didievi Gold Project
- Shallow high grade gold assays include:
- 10.0m at 123g/t gold from 66m including 2.0m at 613g/t gold (DRC334)
- 17.4m at 17g/t gold from 244m including 1.0m at 216g/t gold (DDD0029)
- Complements historical high grade assay of 0.74m at 192.5g/t gold from 47.76m (DDD0013)
- African Gold encouraged to have high grade gold system as well as broad zones of mineralization, including:
- 83.3m at 3.3g/t gold including 18.0m at 12.0g/t gold (DDD01)
- 80.0m at 3.0g/t gold including 23.0m at 9.5g/t gold (DDD013)
- 37.0m at 7.7g/t including 24.0m at 11.0g/t gold (DRC208)
- 27.0m at 4.6g/t including 11.0m at 11.1g/t gold (DRC337)
- Future assays will include screen fire assays for all samples over 5g/t gold to ensure this high grade component is captured in the system
- The BG system at Didievi is currently over 1.5km x 1km and open with a number of new lodes identified as part of the recent drilling program
- Rights issue to raise approximately $3.9 million
- African Gold to undertake 2 for 7 non-renounceable rights issue at $0.15 per share to raise approximately $3.9 million (before costs)
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