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African Gold Group Inc.
Summary
| Project: | Kobada | |
|---|---|---|
| Deposit: | Kobada | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 1/14/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 14-1-2020: African Gold Group Inc. announces an Exploration/Drilling Update report for its Kobada deposit at the Kobada project. Drilling results incl. 87.30m @ 0.43g/t Au from 73.00m. TORONTO, Jan. 14, 2020 (GLOBE NEWSWIRE) -- African Gold Group, Inc. (T | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Andreas Rompel, Uwe Engelmann (Internal;Minxcon Pty Ltd.) | |
| ABSTRACT: | TORONTO, Jan. 14, 2020 (GLOBE NEWSWIRE) -- African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to report additional significant results from Phase 1 drilling program at Kobada Gold Project. The drill holes are located in the southern section of the main shear zone at AGG’s extensive land package in Southern Mali. Result continue to return better than expected grades within the central zone of the Kobada main shear and reinforces the predictiveness of our geological model. Highgrade intersections over a greater thickness, together with additional resources in the satellite orebodies, is expected to complement the resource model favorably. “These are fantastic results which will have a positive effect on the total resource tonnage and grade,” states Dr. Andreas Rompel, Vice President Exploration, “and because these results are in the area of the future open pit, these will also impact the reserve. We are strongly encouraged by these results and are looking forward to Phase 2 drilling campaign in which we envisage to increase the resource base.” | |
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