Monday 5th December 2016

Resource Clips



African Gold reports Mali Gold Assays up to 1.83 g/t over 70m

Resource Clips - essential news on junior gold mining and junior silver miningAfrican Gold Group, Inc TSXV:AGG announced results from its Kobada gold project in Mali, West Africa. Assays include

1.83 g/t gold over 70 metres
1.79 g/t over 45 metres
1.26 g/t over 84 metres
1.07 g/t over 21 metres
1.8 g/t over 9 metres
1.15 g/t over 21 metres

VP Exploration Kevin Downing remarked, “We continue to remain focused on development of the near-surface oxidized resource at our Kobada gold project. Today’s results clearly show the continuing presence of robust gold mineralization extending as far as 200 metres north of our current Zone 1 resource, where highlight hole KBRC12-003, collared directly on strike from KBRC11-189, intercepted 70 metres at 1.83 g/t gold and 45 meters at 1.79 g/t gold. Both of these holes ended in mineralization. In addition to demonstrating a strike extension of at least 200 metres north, the holes released here define a mineralized corridor that exceeds 100 metres in lateral width that is associated with an oxidation depth in the magnitude of 100 vertical metres. The mineralization contained within these northern step-out holes is well distributed down several of the holes, and is as strong as any gold mineralization encountered in the Zone 1 resource to date. We are very optimistic that mineralization of this strength will continue as our drill program extends further north, along strike. In this region of our Zone 1 deposit, we are observing that the depth of drilling that is required to encounter fresh rock continues to be in excess of 140 metres down hole. As a result, we expect that our northern step-out holes will have a very positive impact on our 2012 revised resource estimate.”

View Company Profile

Contact:
Michael A.J. Nikiforuk
President/Director
647.288.0453

by Ted Niles

Share |

View All: News Stories