Thursday 15th November 2018

Resource Clips

Perseus reports Ghana Edikan Gold Assays as high as 21.2 g/t over 7.8m

Resource Clips - essential news on junior gold mining and junior silver miningPerseus Mining Limited TSX:PRU announced drill results from its Edikan gold mine in Ghana, West Africa. Highlights include

1.7 g/t gold over 70.8 metres
2.3 g/t over 23 metres
4.5 g/t over 18 metres
2.2 g/t over 25 metres
2.3 g/t over 23 metres
1.4 g/t over 52 metres
1.4 g/t over 31 metres
1.5 g/t over 53.8 metres
1.9 g/t over 51 metres
2.9 g/t over 40 metres
1 g/t over 57 metres
2.3 g/t over 21 metres
4.1 g/t over 39 metres
1 g/t over 43 metres
21.2 g/t over 7.8 metres
15.6 g/t over 10 metres (including 65.7 g/t over 2 metres)
3.1 g/t over 40 metres (including 35.4 g/t over 2 metres)
4.3 g/t over 16 metres
4.9 g/t over 22.7 metres
4.8 g/t over 17.4 metres

Managing Director Mark Calderwood stated, “The recent drilling intercepts from Fetish, Bokitsi and Chirawewa are the final results to be included in the 2011 Edikan Gold Mine resource upgrade which we are planning to release before the end of 2011. The significant backlog of assays results and ongoing drilling will be included in subsequent resource upgrades. Seven drill rigs are currently active in Ghana, including five rigs on continuing resource/reserve drilling plus one RC rig evaluating exploration targets at EGM, and another testing targets on other Perseus tenements in the district. The Esuajah North resource upgrade will be released prior to the 2012 reserve estimation upgrade in the first half of calendar-year 2012.”

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Mark Calderwood
Managing Director
+61 8 9240 6344

by Ted Niles

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