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Amani Gold Ltd.
Summary
| Project: | Giro | |
|---|---|---|
| Deposit: | Kebigada | |
| Location: | Democratic Republic Of The Congo | |
| Commodities: | Gold | |
| Date: | 4/5/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-4-2017: Amani Gold Ltd. announces an Exploration/Drilling Update report for its Kebigada deposit at the Giro project. Drilling results incl. 27m @ 4.92g/t Au from 2m. Amani Gold Limited (ASX: ANL) (“Amani”) has received results for a further 6 diamond h | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Klaus Eckhof (Internal) | |
| ABSTRACT: | Amani Gold Limited (ASX: ANL) (“Amani”) has received results for a further 6 diamond holes and 7 RC holes from the infill drilling programme which commenced in mid-February 2017 at Kebigada on its Giro Gold Project in the Moto Greenstone Belt, NE Democratic Republic of Congo (“DRC”). The programme was planned to confirm continuity of mineralisation along strike by reducing the drill line spacing to 50m over the main mineralised zone. A number of diamond holes were also planned to confirm continuation of mineralisation down to depths exceeding 200 vertical metres. Commenting on these additional results at Kebigada, Chairman Klaus Eckhof stated: “We are pleased with these results which have highlighted good grades over 400 metres of the central portion of the main mineralised zone. The infill drilling has certainly increased our confidence in correlating between lines and on section to depths exceeding 200 vertical metres. The northern plunge which we are seeing is interesting as this will increase the potential to identify mineralisation at depths which may be accessed by underground means. We are confident that these results will make a positive contribution to the grade and tonnage at Kebigada where a maiden mineral resource is expected before the end of the second quarter. The results from the northern licence area continue to build on the already sizeable gold mineralisation at Giro. It is well known that the Belgians were highly active in the northern licence area and highly encouraging that field crews continue to uncover new areas with potential for gold discovery with ongoing regional soil sampling programmes. Giro continues to expand as a major gold discovery in the DRC and our infill drilling program will provide us with further confidence in our maiden resource estimate.” | |
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