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African Gold Group Inc.
Summary
| Project: | Kobada | |
|---|---|---|
| Deposit: | Kobada | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 3/17/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 17-3-2020: African Gold Group Inc. announces an Exploration/Drilling Update report for its Kobada deposit at the Kobada project. Drilling results incl. 167m @ 0.9g/t Au from 26.2m. TORONTO, March 17, 2020 -- African Gold Group, Inc. (TSX-V: AGG) (“AGG” or | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Andreas Rompel (Internal) | |
| ABSTRACT: | TORONTO, March 17, 2020 -- African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide an update from the Company's Kobada Gold Project located in southern Mali, including additional high grade intercepts in the northern extension of the main shear zone. The Kobada Gold Project is a fully licensed and permitted advanced development project located in the prolific Birimian Greenstone belt in Southern Mali. The Company is working towards delivering the definitive feasibility study (the “DFS”) in Q2 2020 as a part of the final process before commencement of construction. Following on from the previously reported drill holes of the Phase 2 drilling program, the next batch of assay results received from SGS laboratory in Bamako continue to demonstrate the large extent of the mineralization along strike and down dip along the highly prolific and auriferous Kobada shear zone. Results from the Phase 2 drilling program will be incorporated into an updated mineral resource statement targeted to be released within the next few weeks. | |
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