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Transaction Announcement Reports
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Project: | Moura | |
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Deposit: | Konkouto North | |
Location: | Senegal | |
Commodities: | Gold | |
Date: | 8/6/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 6-8-2018: Bassari Resources Ltd. announces an Exploration/Drilling Update report for its Konkouto North deposit at the Moura project. Drilling results incl. 3m @ 14.1g/t Au from 0m. The Directors are pleased to announce that the recently completed shallow | |
Resources: | x | |
CP/QP: | [Overall Report]: Moussa Diba (Internal) | |
ABSTRACT: | The Directors are pleased to announce that the recently completed shallow RC drilling program confirmed the continuity and extension of the two main mineralised structures at the company's Konkouto North gold project. The results confirm the strike continuity of the two main mineralised structures previously intersected by earlier RC drill holes and trenches (Figure 1). The western NNE mineralised structure (Zone 1) has been extended over 460m strike and the NNW mineralised structure (Zone 2) has been defined over 850m strike. These mineralized zones are characterised by oxidised quartz veins and veinlets in sheared sedimentary package intruded by mafic intrusive and felsic dykes. These results have further highlighted the potential to delineate economic gold deposits within the Moura Permit. A total of 5,131 metres in 105 shallow RC holes was completed. Composite samples at regular intervals of 3m were collected and sent to Actlabs in Burkina for gold analysis. The holes have been drilled to a maximum depth of 50m. | |
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