Monday 24th October 2016

Resource Clips

Pelangio VP Exploration Warren Bates on Ghana gold assays of 1.36 g/t over 52 metres

“The project is in the Sefwi Belt in Ghana. We acquired it last September. We’re about half-way through a 5,000-metre program, and we expect to do quite a bit more drilling this year. We’ve got four zones that we’ve hit mineralization on. The Nfante West stuff is at the north end of that mineralization, and the Pokukrom East results were great results, sitting right in the middle of it. Very shallow, bulk-tonnage style results. And we’ve got a lot of room on that anomaly—it’s about 1.3 kilometres long. We’re really encouraged by that.

“In 2011 we’ll be doing a major surface program. We’re going to drill another 3,500 metres in 25 holes. We’re going to continue surface work—we just finished flying it last fall with geophysics, and we’re just getting that. So we’ll put that all together and probably start drilling again later on in the year. We’re pretty happy.”

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