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Azumah Resources Ltd.
Summary
| Project: | Wa | |
|---|---|---|
| Deposit: | Kunche | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 5/15/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-5-2019: Azumah Resources Ltd. announces an Exploration/Drilling Update report for its Kunche deposit at the Wa project. Drilling results incl. 0.5m @ 168.3g/t Au from 650.5m. Azumah Managing Director, Stephen Stone, said “The first phase of deep, widel | |
| Resources: | (Reserve, P+P): 18.0Mt @ 1.77g/t Au at project | |
| CP/QP: | [Overall Report]: Stephen Stone (Internal) | |
| ABSTRACT: | Azumah Managing Director, Stephen Stone, said “The first phase of deep, widely-spaced exploratory drilling at our flagship Kunche deposit has intersected mineralisation to at least 500 metres below surface and returned some exceptionally high grade intercepts of up to 5oz per tonne. “These results raise our expectations for multiple mineralised lodes extending below the planned 1.5 kilometre long Kunche open pit, as is the case with the recently delineated and nearby Bepkong East Lode discovery. “Given the excellent drilling results since our last Wa Gold Project Mineral Resource upgrade in September 2018, we would expect to be able increase the current 2.5 million ounces especially as we undertake further exploration below and in the vicinity of existing deposits and more generally across our vast tenure of prospective Birimian terrain, the host rocks to a majority of West Africa’s world class gold mines”. | |
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