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Amani Gold Ltd.
Summary
| Project: | Giro | |
|---|---|---|
| Deposit: | Peteku | |
| Location: | Democratic Republic Of The Congo | |
| Commodities: | Gold | |
| Date: | 1/6/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-1-2020: Amani Gold Ltd. announces an Exploration/Drilling Update report for its Peteku deposit at the Giro project. Drilling results incl. 8m @ 1.24g/t Au from 63m. Amani Gold Limited (ASX:ANL, “Amani”) is pleased to announce that the Reverse Circulatio | |
| 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 Reverse Circulation drilling operations (holes PTRC001 - PTRC004) at Peteku prospect, Giro Gold Project, has returned the following significant high-grade gold assay results (refer ASX Announcement 4 November 2019). Peteku prospect is located approximately 4km southwest of Kebigada gold deposit within Exploration Permit PE5046 (Figure 1) and is currently an active artisanal gold mining site. Peteku pit is located within granite and mafic volcanic rocks. Primary target for the artisanal miners is oxide gold hosted by quartz veins. The Peteku quartz veins and structures strike east-west and dip steeply to the north. Peteku is currently an active artisanal gold mining site with the pit approximate dimensions of 50m X 40m and 20m deep. RC holes PTRC001 - PTRC004 were completed at depths of 77m to 120m and all have successfully targeted near surface gold mineralisation below a regional gold in soil anomaly (Figure 1). Drillhole PTRC004 was collared in granite and drilled with an inclination of 60° and an azimuth of 180° and targeted near surface gold mineralisation (Figure 1, Table 1). PTRC004 intersected intervals of carbonate-silica-chlorite altered mafic volcanic with pyrite mineralization from 47m to 49m (2m interval containing | |
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