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Bassari Resources Ltd.
Summary
| Project: | Makabingui | |
|---|---|---|
| Deposit: | Makabingui | |
| Location: | Senegal | |
| Commodities: | Gold | |
| Date: | 12/3/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 3-12-2019: Bassari Resources Ltd. announces an Exploration/Drilling Update report for its Makabingui deposit at the Makabingui project. Drilling results incl. 8m @ 5.2g/t Au from 31m. The Directors are pleased to report on the significant progress during | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Moussa Diba (Internal) | |
| ABSTRACT: | The Directors are pleased to report on the significant progress during the month of November as we prepare for the mining and production start up at our high grade Makabingui Gold Project. The important pre-development grade control drilling of Pit 1 (110,000 oz at 7.5g/t) and Pit 2 (51,000 oz at 3.8 g/t) (ASX announcement 26 June 2014) commenced at Pit 2 with the aim to drill 6,328 metres. To 29 November, 228 holes have been drilled totalling 5,325 metres (see Figure 1). 3,327 samples were sent to Actlabs for assay, of which assay results for 1,894 samples have been received to date, with 1,433 assay results still pending. The assay results received to date confirm and reinforce the high-grade gold within Pit 2. Importantly, the results also confirm the continuity of the mineralisation between the drilled lines and extending the pit to the west and at depth. The confirmation of these continuities will result in the expansion of Pit 2. | |
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