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Azumah Resources Ltd.

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Summary

Project:

Wa

Deposit:Bepkong
Location:Ghana
Commodities:Gold
Date:12/12/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:12-12-2018: Azumah Resources Ltd. announces an Exploration/Drilling Update report for its Bepkong deposit at the Wa project. Amended previous drilling updated. West African gold explorer and developer Azumah Resources Limited (ASX: AZM) (“Azumah”) advises
Resources:(Resource, M+I): 28.797Mt @ 1.8g/t Au for 1.6Moz Au contained
CP/QP:[Overall Report]: Stephen Stone (Internal)
ABSTRACT:West African gold explorer and developer Azumah Resources Limited (ASX: AZM) (“Azumah”) advises that the first of three RC/DDH holes, BRCD487, drilled beneath the Bepkong deposit at its Wa Gold Project, Ghana (‘Project’) has discovered a new ‘blind’ high-grade eastern lode. The hole intersected a semi-continuous, 93m mineralised zone grading 2.33g/t Au from 261m (no lower cut-off applied) including 9.9m at 8.42g/t Au from 295m, and 2.16m at 21.17g/t Au from 303m and 0.5 at 88.71g/t Au from 338m (1.0g/t Au cut off)(Figs 1, 2 and 3. Photo 1. Appendix). The Bepkong East lode is associated with a major structurally controlled ‘fluid conduit’ system that could extend mineralisation to considerable depth. Its discovery adds to the already substantial near-surface mineralisation at Bepkong (201,100oz Measured and Indicated; 44,000oz Inferred; 113,000oz Proved and Probable)(Refer Tables 1 and 2 for details).

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