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Avesoro Resources Inc.
Summary
| Project: | Youga-Ouare | |
|---|---|---|
| Deposit: | Youga-Ouare | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 10/10/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 10-10-2018: Avesoro Resources Inc. announces an Exploration/Drilling Update report for its Youga-Ouare deposit at the Youga-Ouare project. Drilling results incl. 44.9m @ 4.23g/t Au from 38.0m. Avesoro Resources Inc., (the “Company” or “Avesoro”) is please | |
| Resources: | (Resource): 5.10Mt @ 1.39g/t Au (Ind.), 7.2Mt @ 1.8g/t Au (Inf.) at Ouare | |
| CP/QP: | [Overall Report]: Mark Pryor (Independent) | |
| ABSTRACT: | Avesoro Resources Inc., (the “Company” or “Avesoro”) is pleased to report an update on exploration activities in Burkina Faso and Liberia. This includes positive drill results from Ouaré, Gassore West, and the discovery of two mineralized vein systems 1.5km east of the Company’s Youga Gold Mine (“Youga”) processing plant. Avesoro aims to convert 1Moz of existing Mineral Resources into Mineral Reserves from the current year’s 171,000 metre diamond drilling programme. Of this target Ouaré represents 20%, Youga 10%, Balogo 6%, Ndablama 40% and New Liberty 24%. HIGHLIGHTS In Burkina Faso the recent focus of drilling has been Ouaré located 35km from the Youga processing plant, and Gassore West located only 2km northeast of the Youga processing plant. In Liberia, recent drilling has included the start of a 10,000m programme at Silver Hills (13km northeast of New Liberty) and some additional drilling at Ndablama (45km from New Liberty) following the completion of the 16,200m drilling programme at Ndablama in July 2018. | |
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