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African Gold Group Inc.
Summary
| Project: | Kobada | |
|---|---|---|
| Deposit: | Kobada | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 4/21/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 21-4-2020: African Gold Group Inc. announces an Exploration/Drilling Update report for its Kobada deposit at the Kobada project. Drilling results incl. 22.2m @ 5.25g/t Au from 78.4m. TORONTO, April 21, 2020 -- African Gold Group, Inc. (TSX-V: AGG) (“AGG” | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Andreas Rompel (Internal) | |
| ABSTRACT: | TORONTO, April 21, 2020 -- African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to report the final drill results from its extensive diamond drilling program at its Kobada gold project, located in southern Mali. The Company is currently working on an all-encompassing definitive feasibility study (the “DFS”) for the Kobada Gold Project. The Company expects to complete the study in the second quarter of 2020, incorporating the results from Phase 1 and 2 drilling campaigns. The Company commenced drilling at its Kobada concession in September 2019 and to date has completed 11,428 meters of diamond core drilling. The main aim of the drilling campaign was to confirm the historical resource model from the 2016 Kobada Gold Project feasibility study, increase the conversion of resources to reserves and grow the resource base along identified shear zones. The drilling program has continued to successfully intersect high-grade mineralization within the main shear zone and its southern and northern extensions | |
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