Saturday 22nd October 2016

Resource Clips

Channel reports Burkina Faso Gold Assays including 2.4 g/t over 33m

Resource Clips - essential news on junior gold mining and junior silver miningChannel Resources Ltd TSXV:CHU announced results from the Mankarga 5 deposit of its Tanlouka gold project in Burkina Faso, West Africa. Assays include

2.34 g/t gold over 12.5 metres
2.4 g/t over 33 metres (including 19 g/t over 1.5 metres)
2.05 g/t over 18.1 metres
1.41 g/t over 72 metres (including 7.97 g/t over 6 metres)
0.91 g/t over 26.7 metres
1.07 g/t over 49.5 metres (including 15.4 g/t over 1.5 metres)
0.75 g/t over 99 metres (including 1.19 g/t over 54 metres)
2.61 g/t over 6.8 metres
1.18 g/t over 23 metres (including 11.8 g/t over 1.5 metres)

President/CEO Colin McAleenan remarked, “As we drill the Mankarga 5 zone from its northwest, or hanging-wall side, we continue to expand both the recognized width and depth of the mineralized package. We are very pleased with how consistently the structures are holding together down-dip. With the results of these 13 holes, the known deposit has grown substantially along strike with the 500-metre step-out hole on section 1300SW and also in overall width on its northern sections. The successful step-out hole has also increased our confidence in our ability to predict the mineralized trend by its magnetic signature and will continue to follow this indicator to further extend the Mankarga 5 zone both to the southwest and to the northeast beyond its current 2,350-metre length.”

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Colin McAleenan

or Cyrus Ameli
Senior Vice President

by Ted Niles

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