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Bassari Resources Ltd.
Summary
| Project: | Makabingui | |
|---|---|---|
| Deposit: | Makabingui | |
| Location: | Senegal | |
| Commodities: | Gold | |
| Date: | 1/9/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 9-1-2020: Bassari Resources Ltd. announces an Exploration/Drilling Update report for its Makabingui deposit at the Makabingui project. Drilling results incl. 3m @ 19.6g/t Au from 1m. The Directors are extremely pleased with the continuing high grade near | |
| Resources: | (Reserve, Prob.): 0.86Mt @ 5.7g/t Au for 158Koz Au contained | |
| CP/QP: | [Overall Report]: Moussa Diba (Internal) | |
| ABSTRACT: | The Directors are extremely pleased with the continuing high grade near surface gold assays in Pit 2. Previous drilling results as announced in our ASX release (10 October 2017) reported similar high grade gold results in both Pits 1 and 2. That release also reported that the deposit extends along strike and at depth beyond the original pit boundaries. It was further reported that Pit 1 extends to the North beyond its initial boundary and Pit 2 extends to the South beyond its boundary. These latest drilling assays confirm that Pit 2 also extends to the West and at depth. With earlier drilling confirming Pit 1 extends to the North and at depth, our geological team is confident that the closer spaced drilling within the one million ounce resource at the Makabingui Gold Deposit will add to the present reserves and significantly extend the life of the mine. | |
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