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Amani Gold Ltd.
Summary
| Project: | Giro | |
|---|---|---|
| Deposit: | Douze Match | |
| Location: | Democratic Republic Of The Congo | |
| Commodities: | Gold | |
| Date: | 12/10/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-12-2018: Amani Gold Ltd. announces a Resource Estimation report for its Douze Match deposit at the Giro project. Initial mineral resource estimate for Douze Match deposit. Amani Gold Limited (“Amani”) is pleased to announce the Douze Match Maiden Indic | |
| Resources: | (Resource, I+I): 8.1Mt @ 1.2g/t Au for 320Koz Au contained | |
| CP/QP: | [Resources]: Rupert Osborn (H&S Consultants Pty Ltd.) | |
| ABSTRACT: | Amani Gold Limited (“Amani”) is pleased to announce the Douze Match Maiden Indicated and Inferred Mineral Resource of 8.1Mt @ 1.2g/t Au, for 320Koz gold (0.5g/t Au cut-off grade) within the Giro Gold Project. The Giro Gold Project comprises two exploration permits covering a surface area of 497km² and lies within the Kilo-Moto Belt (Democratic Republic of Congo), a significant under-explored greenstone belt which hosts Randgold Resources’ 16 million-ounce Kibali group of deposits within 35km of Giro (Figure 1). Amani has previously outlined a gold resource at Kebigada within the Giro Gold Project of 45.62Mt @ 1.46g/t Au for 2.14Moz gold (0.9g/t Au cut-off grade, see ASX Announcements 18 July and 23 August 2017). Giro Gold Project global resource now exceeds 3Moz gold; as combined Indicated and Inferred Mineral Resource estimates for the Kebigada and Douze Match deposits is 81.77Mt @ 1.2g/t Au, for 3.14Moz Au (0.6g/t Au cut-off grade). Amani commissioned H&S Consultants Pty Ltd (H&SC) to estimate the Mineral Resources of the Douze Match deposit (Figure 2), which forms part of the Giro Gold Project, located in northeast Democratic Republic of Congo (DRC). The H&SC report “Resource Estimation of the Douze Match Deposit by H&S Consultants Pty Ltd” is included here as Appendix 2. The area assessed in this study contains 18 diamond drill (DD) holes and 285 reverse circulation (RC) drill holes for a total of 143,318 m of drilling. The DD core was sawn longitudinally in half, producing samples with an average weight of between approximately 3 and 4 kg. The same half was continuously sampled on nominal 1 m intervals. The sample interval was adjusted in order to honour geological contacts. The RC samples were passed through a riffle splitter three times, after which approximately 5 kg was taken as a reference sample and 2 kg was weighed and labelled for laboratory dispatch. The samples were crushed and split in an accredited laboratory to produce a 50g charge for fire assay with an Atomic Absorption (AA) finish. | |
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