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Bassari Resources Ltd.
Summary
| Project: | Makabingui | |
|---|---|---|
| Deposit: | Makabingui | |
| Location: | Senegal | |
| Commodities: | Gold | |
| Date: | 12/9/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 9-12-2019: Bassari Resources Ltd. announces an Exploration/Drilling Update report for its Makabingui deposit at the Makabingui project. Drilling results incl. 9m @ 8.6g/t Au from 11m. Gold developer, Bassari Resources Limited (ASX: BSR), is pleased to rep | |
| Resources: | (Reserve, Prob.): 0.86Mt @ 5.7g/t Au for 158Koz Au contained | |
| CP/QP: | [Overall Report]: Moussa Diba (Internal) | |
| ABSTRACT: | Gold developer, Bassari Resources Limited (ASX: BSR), is pleased to report it has received the balance of assays in relation to the grade control drilling of the high grade pit 2. Assays have now been received for all 3,227 samples sent to Actlabs in Burkina Faso. The outstanding results of the first batch of 1,894 samples were reported in ASX release of 3 December 2019. This report covers the balance of 1,433 assays completing the assays of the total samples sent to Actlabs of 3,327. As previously reported (ASX announcement 3 December 2019), these results continue to confirm and reinforce the high-grade gold within Pit 2 and also confirm the continuity of the mineralisation between the drilled sections and at depth below the current pit design. The mineralised lodes are controlled by NNE shear faults defined by tectonic and hydrothermal breccia structures highlighted in the main geological contact between metagabbro and metagraywacke (Figure 1). These shear faults are cross-cut by NNW faults, which increases dilation and fracturing for localising gold mineralisation | |
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