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Amani Gold Ltd.

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Summary

Project:

Giro

Deposit:Kebigada
Location:Democratic Republic Of The Congo
Commodities:Gold
Date:12/16/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:16-12-2019: Amani Gold Ltd. announces an Exploration/Drilling Update report for its Kebigada deposit at the Giro project. Drilling results incl. 38.5m @ 2.22g/t Au from 278m. Amani Gold Limited (ASX:ANL, “Amani”) is pleased to announce that the final Phas
Resources:(Resource, I+I): 49.62Mt @ 1.49g/t Au at project total
CP/QP:[Overall Report]: Grant Thomas (Internal)
ABSTRACT:Amani Gold Limited (ASX:ANL, “Amani”) is pleased to announce that the final Phase One diamond core drill drillhole GRDD035 at Kebigada gold deposit, Giro Gold Project, has returned the following significant highgrade gold assay results (refer ASX Announcements 14 and 31 October 2019); 10.5m @ 1.08g/t Au from surface, 4.5m @ 4.63g/t Au from 31.5m (incl. 0.55m @ 27.3g/t Au from 32.45m), 38.5m @ 2.22g/t Au from 278m (incl. 3m @ 16.93g/t Au from 313m), 3m @ 1.96g/t Au from 477m and 9m @ 1.89g/t Au from 484m (incl. 1m @ 12.9g/t Au from 487m). Drillhole GRDD035 has successfully targeted deeper high-grade sulphide associated gold mineralisation within the central core of the Kebigada deposit and these assay results represent the deepest yet at Kebigada. Drillhole GRDD035 (546.5m) was collared on section L950N and drilled with an inclination of 70° and an azimuth of 43° (Figures 1 - 3, Table 1) and targeted deeper gold mineralisation previously delineated in hole GRDD032 (10m @ 4.36g/t Au from 102m (incl. 4.05m @ 9.3g/t Au from 103.75m)) and 88.1m @ 2.13g/t Au from 221.4m (incl. 3m at 35.86g/t Au from 238m, refer ASX Announcement 7 August 2017). Analysis of cut core of holes GRDD032 and GRDD035 indicates lithological continuity and style of mineralization. Drillhole GRDD035 intersected sulphide mineralisation in the form of dissemination, quartz/pyrite and pyrite veins, stringers and distinct pyrite laminas all of which may be associated with gold mineralisation.

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