For thousands of other reports visit RSC's Mineral Intellingence Map
Boss Resources Ltd.
Summary
| Project: | Golden Hill | |
|---|---|---|
| Deposit: | Ma | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 11/20/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-11-2017: Boss Resources Ltd. announces an Exploration/Drilling Update report for its Ma deposit at the Golden Hill project. JV - Drilling updates incl. 15m @ 4.22g/t Au from 35m. Boss Resources Limited (ASX: BOE) (“Boss” or the “Company”) is pleased to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Mann (Teranga Gold Corp/Internal) | |
| ABSTRACT: | Boss Resources Limited (ASX: BOE) (“Boss” or the “Company”) is pleased to report that Teranga Gold Corporation ("Teranga") (TSX: TGZ) announced on 17 November 2017 (Canadian time) that advanced drilling continues to yield new discoveries and high-grade, near surface and deeper gold mineralization at the Ma prospect on the Golden Hill property in Burkina Faso, West Africa (Figure 1). Teranga has an earn-in agreement on the Golden Hill property with Boss. The program has also identified a parallel structure to Ma known as Ma North. This new extension returned good grades and widths from a limited initial shallow step-out drill program, including 3 metres @ 4.42 g/t Au and 7 metres @ 1.75 g/t Au (Figure 2). The Ma area appears to be developing into a broad regional structural complex of mineralized zones. To date, there are four encouraging prospects drilled at Golden Hill: Ma, Nahiri, Peksou and Jackhammer Hill. All the Golden Hill prospects drilled to-date are located approximately 5 kilometres from a central point. Boss Managing Director, Mr Duncan Craib stated “Following the sensational drill results reported from Jackhammer Hill (see ASX: BOE 17 November 2017), Teranga’s latest drilling results on the Ma Prospect continue to impress as summed up by Richard Young, President and Chief Executive Officer of Teranga, “Golden Hill is shaping up to be a very important component of our growth plan… With these positive results at Ma together with the recent addition of Jackhammer Hill, as well as, Peksou and Nahiri, we now have four centrally-located, advanced exploration prospects and we are rapidly advancing this project to evaluate the potential scale and grades leading towards an initial resource in 2018.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report