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Azumah Resources Ltd.
Summary
| Project: | Wa | |
|---|---|---|
| Deposit: | Julie West | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 12/12/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-12-2016: Azumah Resources Ltd. announces an Exploration/Drilling Update report for its Julie West deposit at the Wa project. Drilling results incl. 9m @ 3.64g/t Au from 55m. Ghana focused gold explorer and developer Azumah Resources Limited (ASX: AZM) | |
| Resources: | (Resource, Total): 41.49Mt @ 1.5g/t Au for 2.063Moz contained at project | |
| CP/QP: | [Overall Report]: Stephen Stone (Internal) | |
| ABSTRACT: | Ghana focused gold explorer and developer Azumah Resources Limited (ASX: AZM) (“Azumah” or “the Company”) advises that final results from its recently completed 93-hole, 5,885m, combined RC and aircore multi-target drilling programme at the Company’s Wa Gold Project, Ghana (‘Project’) have confirmed a fourth discovery of primary mineralisation at the Georgie anomaly with the first hole returning 3m at 9.78g/t Au from 12m. This is the first drilling by Azumah on its recently acquired Julie West licence. Final results from infill drilling at the Manwe discovery included 9m at 3.64g/t Au from 55m and 8m at 2.53g/t Au from 70m demonstrating mineralisation strikes over 200m with good depth continuity. At Josephine drilling has extended mineralisation to a depth of 130m, confirmed the presence of high-grade lodes and advanced this prospect to a stage where a maiden resource estimate can be commissioned. Intercepts of 3m at 9.78g/t Au from 12m (JURC793) and 2m at 4.35g/t Au from 7m (JURC794) from the first two RC holes (total 82m) drilled at the new Georgie target on the recently acquired 146km2 Julie West prospecting licence, have confirmed this as another discovery of primary mineralisation in the Wa East district. This is the first discovery by Azumah at Julie West. Anomalous auger results to the north and south of 578ppb, 312ppb and 53ppb Au, rock chip sampling results of 6.20g/t Au and 1.96g/t Au and a 5m artisanal miner’s shaft 60m south of the drilling are encouraging for extensions to the Georgie mineralisation which comprises multiple quartz veins within an intensely sheared monzodiorite. A follow-up RC drilling programme is planned to test for strike and depth continuity. | |
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