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African Gold Group Inc.
Summary
| Project: | Kobada | |
|---|---|---|
| Deposit: | Kobada | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 4/2/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 2-4-2020: African Gold Group Inc. announces an Exploration/Drilling Update report for its Kobada deposit at the Kobada project. Drilling results incl. 16m @ 2.14g/t Au from 117m. TORONTO, April 02, 2020 -- African Gold Group, Inc. (TSX-V: AGG) (“AGG” or t | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Andreas Rompel (Internal) | |
| ABSTRACT: | TORONTO, April 02, 2020 -- African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to report new drill results from the Company’s Kobada Gold Project located in southern Mali, including additional high-grade intersections in the northern extension of the main shear zone. The Kobada Gold Project is fully licensed and is progressing towards completion of the definitive feasibility study in Q2 2020 (the “DFS”). 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 DFS in Q2 2020 as a part of the final process before commencement of construction. Since 2019, the Company has completed a drilling campaign totaling 11,428 m withing the Kobada Gold Project concession area. To date, the Company has not discovered the northern, or the southern end of mineralization along the Kobada Shear. Furthermore, AGG intends to step away from the Kobada Shear to test the neighboring and parallel-striking Gosso Shear, which has been exposed by shallow artisanal mining: | |
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