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Transaction Announcement Reports
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Project: | Makabingui | |
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Deposit: | Makabingui | |
Location: | Senegal | |
Commodities: | Gold | |
Date: | 4/26/2017 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 26-4-2017: Bassari Resources Ltd. announces an Exploration/Drilling Update report for its Makabingui deposit at the Makabingui project. Drilling results incl. 6m @ 17.1g/t Au from 88m. The Directors are pleased to report further promising assay results re | |
Resources: | (Reserve, Prob.): 0.86Mt @5.7g/t Au for 158koz Au contained at project | |
CP/QP: | [Overall Report]: Moussa Diba (Internal) | |
ABSTRACT: | The Directors are pleased to report further promising assay results returned from the grade control infill drilling program at the Makabingui Gold Deposit. This drilling program is the first stage in the development of the high grade Makabingui Gold Deposit with the objective to provide the precise location, quantity and grade of ore available to be mined, and for detailed pit design and scheduling. The program consists of 4,025 metres of which 1,941 metres have been completed and the assays returned. While most of the drilling is infilling previous wider-spaced holes, many are testing the strike and dip extent of high grade zones. The program has confirmed the continuity and tenor of the mineralised structures and when the drilling is complete, the compilation of results will be done. | |
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