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Boss Resources Ltd.
Summary
| Project: | Golden Hill | |
|---|---|---|
| Deposit: | Jackhammer Hill | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 11/17/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-11-2017: Boss Resources Ltd. announces an Exploration/Drilling Update report for its Jackhammer Hill deposit at the Golden Hill project. JV - Drilling results incl. 14m @ 110.6g/t Au from 66m. Boss Resources Limited (ASX: BOE) (“Boss” or the “Company”) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Mann (Teranga Gold Corp/Internal) | |
| ABSTRACT: | Boss Resources Limited (ASX: BOE) (“Boss” or the “Company”) takes note that Teranga Gold Corporation ("Teranga" or the "Company") (TSX: TGZ) announced on 16 November 2017 (Canadian time) early-stage drilling success at its newest discovery, Jackhammer Hill, situated on its Golden Hill property in Burkina Faso, West Africa. Teranga has an earn-in agreement on the Golden Hill property with Boss Resources. The diamond drill results at Jackhammer Hill were successful in discovering a large high-grade mineralized prospect. To date, there are four encouraging prospects drilled at Golden Hill: Ma, Nahiri, Peksou and Jackhammer Hill. All of the Golden Hill prospects drilled to-date are located approximately 5 kilometres from a central point. Previous exploration has alerted to there being high grade mineralisation in the permits. Boss Managing Director, Mr Duncan Craib stated “Under an earn-in agreement with Boss, Teranga is fast tracking exploration activities with drilling results highlighting exciting intercepts at relatively shallow depths at the Golden Hill Project. In one of the fastest growing gold metallogenic areas of the world, Burkina Faso is a jurisdiction which supports gold mining and encourages fast development thereof. Following two high-grade discoveries announced in April at the Golden Hill property in Burkina Faso, earlystage drilling continues to yield high-grade, near-surface and continuation at depth of gold mineralization drill results. As noted in the enclosed announcement “Jackhammer Hill is our fourth prospect and newest drilling discovery at Golden Hill. | |
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