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Burey Gold Ltd.
Summary
| Project: | Giro | |
|---|---|---|
| Deposit: | Kebigada | |
| Location: | Democratic Republic Of The Congo | |
| Commodities: | Gold | |
| Date: | 12/8/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-12-2016: Burey Gold Ltd. announces an Exploration/Drilling Update report for its Kebigada deposit at the Giro project. Drilling results incl. 31m @ 2.41g/t Au from 110m. Burey Gold Limited (ASX: BYR) (“Burey”) reports results for one diamond hole and an | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Klaus Eckhof (Internal) | |
| ABSTRACT: | Burey Gold Limited (ASX: BYR) (“Burey”) reports results for one diamond hole and an additional 18 RC drill holes for 2,169m which continue to prove up significant gold mineralisation from the infill drilling programme at the Kebigada Prospect on its Giro Gold Project in the Moto Greenstone Belt, NE Democratic Republic of Congo (“DRC”). At Douze Match, results were reported for 54 shallow scout RC drill holes for 2,684m from several broadly spaced lines designed to test the source of gold over the north-eastern portion of the 6km soil anomaly. All results were also reported for the remaining 5 diamond holes (two holes DMDD003 and DMDD004 being abandoned at shallow depths) which tested the depth extension of the Tango shear and mineralisation along the granite contact zone. Drilling has now commenced at Siona (the south-western part of Douze Match) where a broad zone of intense shearing and quartz veins, worked historically by the Belgians and recently by artisanal means, has been intersected over approximately 150 - 200 metres across the contact zone in the southwestern part of the 6km soil anomaly. Commenting on these results from the infill resource drilling at the Kebigada target, Chairman Klaus Eckhof stated: “The Giro Gold Project is developing as a broader project with a number of strong prospects already defined. The Kebigada prospect infill drilling program is progressing as expected with the target to deliver a maiden resource by end of January 2017. We have observed that recent infill drilling at Kebigada has extended the width along strike accompanied by an apparent increase in grade with depth. At Douze Match, we are improving our understanding of the structural controls on mineralisation. With gold widely encountered over a large area and current drilling along the contact zone having just started, a clearer picture should emerge in the coming months. Logging and structural interpretations of recent diamond drilling at Douze Match will also assist ongoing target generation.” | |
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