For thousands of other reports visit RSC's Mineral Intellingence Map
African Gold Group Inc.
Summary
| Project: | Kobada | |
|---|---|---|
| Deposit: | Kobada | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 8/22/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 22-8-2018: African Gold Group Inc. announces an Exploration/Drilling Update report for its Kobada deposit at the Kobada project. Drilling results incl. 18m @ 1.80g/t Au from 114.0m. August 22, 2018, Toronto, Ontario – African Gold Group. (TSX-V: AGG) (“AG | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Andrew Cheatle (Not stated) | |
| ABSTRACT: | August 22, 2018, Toronto, Ontario – African Gold Group. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide drilling results from its Kobada gold project (the “Koboda Project”) located in south eastern Mali, Africa. The 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. The Company is also pleased to announce the engagement of DRA Global (Toronto) on a feasibility study gap analysis and renewal of its exploration license adjacent to Kobada. The first five (5) reverse circulation (“RC”) holes drilled at the Kobada Project were designed to confirm the extent of gold mineralization from historic drilling in an area that had been drilled parallel to trend and to generate a better understanding of the controls on mineralization, lithological characteristics and structures of the Kobada Project deposit so as to guide next phases of drilling. “Our welcome return to drilling at Kobada, Mali has delivered exciting initial results that continue to demonstrate shallow and wide zones of gold mineralization at the project,” noted Stephan Theron, President and CEO. “Our newly assembled technical team set out to demonstrate, in a short period of time, an increased confidence in the controls on gold mineralization, and expand new opportunities across our land package – we are successfully on that path with both our drilling results and adjacent exploration license renewal. We also look forward to additional diamond drill results and updating our shareholders as soon as possible.” Mr. Theron also noted, “We are also excited to engage DRA Global (Toronto) to complete a gap analysis of the historical feasibility study with respect to current, updated industry standards. This work will enable us to rapidly move forward towards an updated feasibility study with greater effectiveness and efficiency.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report