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Amani Gold Ltd.
Summary
| Project: | Giro | |
|---|---|---|
| Deposit: | Kebigada | |
| Location: | Democratic Republic Of The Congo | |
| Commodities: | Gold | |
| Date: | 7/5/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-7-2017: Amani Gold Ltd. announces a Resource Estimation report for its Kebigada deposit at the Giro project. Initial Mineral Resources estimate at Giro Gold Project. Amani Gold Limited (ASX: ANL, Amani) reports its Maiden Mineral Resource estimate at Ke | |
| Resources: | (Resource, I+I): 48.67Mt @ 1.47g/t Au for 2.30Moz Au contained at project | |
| CP/QP: | [Resources]: Jeremy Charles (MSA Group Pty Ltd.) | |
| ABSTRACT: | Amani Gold Limited (ASX: ANL, Amani) reports its Maiden Mineral Resource estimate at Kebigada on its Giro Gold Project in the Moto Greenstone Belt, NE Democratic Republic of Congo (DRC). Results were also reported for the final 10 RC drill holes which were included in the Mineral Resource Estimate. Amani is currently planning an additional infill diamond and RC drilling programme where a selected area will be drilled down to 25 x 25m centres to define Measured Mineral Resources for inclusion in pre-feasibility studies. A selection of diamond drill cores as well as bulk samples from the lateritic and saprolitic lithological profiles will also be submitted for detailed metallurgical testwork. Three deep diamond holes to test the continuation of high grade shoots were completed with results pending. Additional drilling will be carried out for resource definition at Douze Match and will follow up on high grade soil anomalies in the immediate surrounds at Kebigada where there is potential to delineate satellite resources which could add materially to the current Kebigada Mineral Resource. Chairman Klaus Eckhof stated: “We are extremely pleased in reaching an initial milestone of 3 million ounces at 1.2 g/t gold (at 0.60g/t Au cut off) in our Maiden Mineral Resource for Kebigada, which confirms our belief that Kebigada and of course the greater Giro Gold Project, has always had potential to host multi million ounces of gold. We are also confident of increasing the grade with further infill drilling which is supported by the better grades reported in the Indicated Resource where we have closer drill spacing. | |
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