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African Gold Group Inc.
Summary
| Project: | Kobada | |
|---|---|---|
| Deposit: | Kobada | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 10/1/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 1-10-2018: African Gold Group Inc. announces an Exploration/Drilling Update report for its Kobada deposit at the Kobada project. Drilling results incl. 24.97m @ 1.05g/t Au from 61.2m. October 1, 2018, Toronto, Ontario – African Gold Group. (TSX-V: AGG) (“ | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Andrew Cheatle (Not stated) | |
| ABSTRACT: | October 1, 2018, Toronto, Ontario – African Gold Group. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide diamond core drilling results from its Kobada gold project located in south eastern Mali, Africa (the “Kobada Project”). The five hole diamond drill program was designed to confirm and expand knowledge of existing shallow mineral resources, as well as explore down dip and along strike from known mineralization. “Our follow up diamond core drilling program at Kobada, Mali has delivered further exciting results that continue to demonstrate shallow and wide zones of gold mineralization at the project that was demonstrated in both our recent 2018 RC drill hole results and from historical drilling,” noted Stephan Theron, President and CEO. “We now plan to undertake further drilling after the end of the wet season along with the results from our feasibility gap analyst study currently being undertaken by DRA.” DD Drilling Results 500.4 metres in five (5) DD holes were completed in phase 1. Drilling focused on the northern limits of the historical and published NI 43-101 Mineral Resource in an area where previous drilling was orientated parallel to mineralization trend. (Figures 1, 2 and 3). | |
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