Wednesday 26th October 2016

Resource Clips

Channel reports Burkina Faso Gold Assays up to 1.3 g/t over 28m

Channel Resources Ltd TSXV:CHU announced assays from its Tanlouka Gold Project in Burkina Faso, West Africa. Results include 0.64 g/t gold over 34 metres, 0.63 g/t over 30 metres (including 2.23 g/t over 6 metres), 0.63 g/t over 26 metres (inlcuding 1.28 g/t over 8 metres), 0.78 g/t over 38 metres (including 1.46 g/t over 14 metres), 1.03 g/t over 8 metres, 1.52 g/t over 102 metres (including 3 g/t over 32 metres), 1.44 g/t over 52 metres (including 4.81 g/t over 8 metres) and 0.7 g/t over 80 metres (including 1.3 g/t over 28 metres).

President/CEO Colin McAleenan commented, “These results demonstrate that the potential for Mankarga 5 to host a significant gold resource has increased dramatically. Generally speaking, the strength of mineralization within shear zones is often enhanced in and around rocks of contrasting competency. The intersection of a mineralized intrusive-like body at the northeast end of Mankarga 5, together with the increasing strike length and width of the deposit, are excellent indicators of the area’s further potential.”

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Colin McAleenan

or Cyrus Ameli
CFO/VP Corporate Affairs

by Ted Niles

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