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Burey Gold Ltd.
Summary
| Project: | Giro | |
|---|---|---|
| Deposit: | Douze Match | |
| Location: | Democratic Republic Of The Congo | |
| Commodities: | Gold | |
| Date: | 8/16/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-8-2016: Burey Gold Ltd. announces an Exploration/Drilling Update report for its Douze Match deposit at the Giro project. Drilling results incl. 18m @ 3.0g/t Au from 24m. Burey Gold Limited (ASX: BYR) (“Burey”) reports all remaining results from the fir | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Klaus Eckhof (Internal) | |
| ABSTRACT: | Burey Gold Limited (ASX: BYR) (“Burey”) reports all remaining results from the first pass shallow RC reconnaissance drilling programme at its Douze Match Prospect. A total of 4,413m was drilled from 97 holes, with many of the holes ending in mineralisation. Drill holes were generally less than 45m depth. The drilling was planned to cover 1,100m strike of the initial 4,000m x 2,500m gold in soil anomaly Page | 2 (Figure 1) which lies immediately south and east of a dominant granite intrusion in the NW portion of PE 5049 on Burey’s Giro Gold Project in the Moto Greenstone Belt, NE Democratic Republic of Congo (“DRC”). Latest soil sampling results have extended the soil anomaly a further 2,000m to the southwest as shown in Figure 1 and include the historic Belgian “Siona” workings. Significant mineralisation was identified along the Tango structure mined historically by the Belgians where impressive results of 2m at 196g/t Au from 12m and 15m at 255.6g/t Au from 15m (Line 4) were reported from DMRC003. Two additional NNW trending structures interpreted to lie immediately north and parallel to the Tango shear reported 9m at 52.6g/t Au from 6m, including 3m at 156g/t Au from 6m in DMRC040 (Line 4), 18m at 3.0g/t Au from 24m in DMRC080 (Line 4b) and 21m at 7.1g/t Au from surface in DMRC005 (Line 4). A second target zone was identified along the granitevolcanic contact zone where significant results of 7m at 5.2g/t Au from 30m in DMRC008 (Line 2) and 13m at 8.4g/t Au from 36m, including 6m at 17.6g/t Au from 42m in DMRC019 (Line 3) and 6m at 8.7g/t Au from 15m, including 3m at 16.9g/t Au from 15m in DMRC020 (Line 3). These highly significant drill intercepts have been returned from several widely spaced drill lines along 800m of strike and will be further evaluated with infill and deeper drilling. | |
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