Monday 10th December 2018

Resource Clips

Edgewater reports Ghana Gold Assays up to 2.74 g/t over 9m

Edgewater Exploration Ltd TSXV:EDW announced results from its Enchi Gold Project in Ghana, West Africa. Assays include 2.74 g/t gold over 9 metres, 1.9 g/t over 4 metres, 1.07 g/t over 17 metres, 1.67 g/t over 6 meters, 1.23 g/t over 8 metres, 1.41 g/t over 18 metres, 1.13 g/t over 14 metres, 1.68 g/t over 7 metres, 1.1 g/t over 7 metres, 2.34 g/t over 10 metres, 1.17 g/t over 20 metres and 1.14 g/t over 10 metres.

President/CEO George Salamis commented, “The fact that we are consistently intersecting shallow zones of mostly oxidized gold mineralization over several hundred metres of strike length supports our view that the gold systems on the Enchi project are laterally extensive with tens of kilometres of gold-in-soil anomalies and gold-bearing structures to be explored. These new results are showing remarkable consistency in relation to zones previously identified by Red Back Mining. In fact, the evolution of Red Back’s Chirano and what Chirano looked like in its early stages of exploration, is remarkably similar to what we are seeing at Enchi in terms of geology, grades and gold mineralized thicknesses in host rock. These recent results give us added confidence that we will be able to end our drill program later this year with Enchi’s first resource estimate in-hand.”

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Ryan King
Vice President

by Ted Niles

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