Saturday 22nd October 2016

Resource Clips

African Gold President Michael Nikiforuk on gold assays of 1.04 g/t over 125m

“These are exceptional results. We are more than pleased with them. If you look at companies in our peer group that are trading at three and four times our market cap, our results give far stronger intercepts of gold mineralization—better grade over bigger intervals. This is beyond economic grade over mineable width. It is considerably in excess of that.

“We’ve got a lot of work done so far in 2010 and we believe that our potential within the oxidized profile of the first 100 vertical metres of the project is in the magnitude of three million ounces.”

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