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Azumah Resources Ltd.
Summary
| Project: | Wa | |
|---|---|---|
| Deposit: | Butele North | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 3/19/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-3-2018: Azumah Resources Ltd. announces an Exploration/Drilling Update report for its Butele North deposit at the Wa project. Drilling results incl. 16m @ 1g/t Au from 0m. West African focused gold explorer and developer, Azumah Resources Ltd (ASX: AZM | |
| Resources: | (Reserve, P+P): 9.1Mt @ 2.14g/t Au for 624000oz Au contained at project | |
| CP/QP: | [Overall Report]: Stephen Stone (Internal) | |
| ABSTRACT: | West African focused gold explorer and developer, Azumah Resources Ltd (ASX: AZM) advises that new anomalies and ore-grade intercepts continue to flow from exploration at its Wa Gold Project in Ghana’s emerging Upper West Region. The latest success comes from a first-pass 19 hole, 1,729m reverse circulation (RC) drilling programme at the new Butele North target where 6m at 1.9g/t Au from 9m within an intercept of 16m at 1g/t Au from surface (BURC019) was returned (figure 1). Azumah Managing Director, Stephen Stone said “Obtaining an ore-grade intercept from first-pass RC drilling of any geochemical anomaly is a tremendous start. Along with similar recent successes to this latest one at the new Butele North target, the opportunity to increase resources and reserves at Azumah’s Wa Gold Project becomes very apparent”. “With many more targets to be tested, we are optimistic that the current multi-target auger, aircore and RC drilling campaigns being designed and managed by joint venture partner Ibaera will continue to drive the Project closer to our immediate objective of a 1 million ounce Ore Reserve”. | |
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