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Burey Gold Ltd.

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Summary

Project:

Giro

Deposit:Douze Match
Location:Democratic Republic Of The Congo
Commodities:Gold
Date:6/24/2016
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:24-6-2016: Burey Gold Ltd. announces an Exploration/Drilling Update report for its Douze Match deposit at the Giro project. Drilling results incl. 15m @ 255.6g/t Au from 15m. Burey Gold Limited (Burey) (ASX: BYR) is pleased to announce results for the fir
Resources:x
CP/QP:[Overall Report]: Klaus Eckhof (Internal)
ABSTRACT:Burey Gold Limited (Burey) (ASX: BYR) is pleased to announce results for the first 10 RC drill holes for 490m on Lines 2 and 4 as shown in Figures 1, 2 and 3 at its Douze Match target area which lies immediately south 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”). The shallow RC drilling programme was designed to test approximately 1km of the soil anomaly which extends over 4km x 2.5km at Douze Match. Exceptional grades of 2m at 196g/t Au from 12m and 15m at 255.6g/t Au from 15m including 3m at 1,260g/t Au from 15m and 3m at 14.3g/t Au from 21m were reported from black quartz veins in ferruginous saprolite in DMRC003. A Belgian working was intersected with zero sample recovery between 14 and 15m. A second zone of 9m at 5.7g/t Au from 24m was reported from saprolite on the same line to the north. Significant grades of 20m at 7.1g/t Au from surface in DMRC005 and 12m at 21.2g/t Au from 3m in DMRC004 were also reported from laterite in holes drilled on Line 4. All holes drilled on Line 2 were from granites north of the contact shear with mafic volcanics and reported a best intersection of 7m at 5.2g/t Au from 30m although this appears to be related supergene enrichment at the base of the weathered granites as shown in Figure 3.

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