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Transaction Announcement Reports
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Project: | Faleme | |
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Deposit: | TD, Damba Massa | |
Location: | Mali | |
Commodities: | Gold | |
Date: | 6/5/2020 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Definition | |
Report details: | 5-6-2020: African Gold Ltd. announces an Exploration/Drilling Update report for its TD, Damba Massa deposit at the Faleme project. Drilling results incl. 2m @ 51.27g/t Au from 56m. African Gold Limited (A1G or the Company) is pleased to announce results o | |
Resources: | x | |
CP/QP: | [Overall Report] Glen Edwards (Internal) | |
ABSTRACT: | African Gold Limited (A1G or the Company) is pleased to announce results of the recently completed maiden RC and AC drill programmes at TD and Damba Massa prospects and regional targets, Falémé Project Area in West Mali. The Permit is located within the +45Moz producing Kedougou-Kenieba Inlier and within 10 km’s of the regionally significant Senegal Mali Shear Zone. African Gold controls nine exploration permits in Mali. Eight of the nine permits are located within the Kedougou Kenieba Inlier (KKI) in Western Mali (figure 1). The remaining permit is located along strike from the Syama Gold Mine in southern Mali. With all, except one, of the west Mali permits being located on or in the hanging wall to the Senegal Mali Shear Zone (SMSZ). This ASX release relates to results from maiden RC and AC drilling on the Bourdala, BouBou and Tintinba Permits, forming part of the Falémé Project Area. The Falémé project consists of four exploration permits (Bourdala, Boubou, Tintinba and Diokeba). Falémé is located centrally 45km to the north of Barrick's 14Moz Loulo-Gounkoto Mine and 40km to the south of the 13Moz Sadiola Mine (IAMGold/AngloGold Ashanti) within the prolific Kedougou-Kenieba Inlier of Western Mali. | |
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