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Bassari Resources Ltd.

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Summary

Project:

Moura

Deposit:Konkouto
Location:Senegal
Commodities:Gold
Date:6/22/2016
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:22-6-2016: Bassari Resources Ltd. announces an Exploration/Drilling Update report for its Konkouto deposit at the Moura project. Drilling results incl. 27m @ 1.7g/t Au from 16m. Gold developer Bassari Resources Limited (ASX:BSR) is pleased to announce a s
Resources:x
CP/QP:[Overall Report]: Moussa Diba (Internal)
ABSTRACT:Gold developer Bassari Resources Limited (ASX:BSR) is pleased to announce a successful infill drilling program has been completed at the Konkouto Gold Project within the Moura permit. Thirteen (13) RC holes (RCM053 to RCM065) totalling 1,053 metres were completed on the Konkoutou Gold Project in May 2016. The objective of the relatively shallow drilling was to drill the existing gaps between earlier mineralised holes and to confirm the continuity and orientation of the mineralised lodes. All holes were drilled towards the south at a dip of 60○ to a relatively shallow depth of 81m and perpendicular to strike in order to intersect the maximum of structures controlling the gold mineralisation. A total of 1,108 samples were collected and sent to the ALS laboratory in Burkina Faso. The returned assays have confirmed the orientation and continuity of the mineralised structures and it is likely that the two structures drilled to date are part of a larger zone of gold mineralisation occurring in a series of stacked structures.

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