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Centamin Plc
Summary
| Project: | Doropo | |
|---|---|---|
| Deposit: | Doropo | |
| Location: | Cã´Te D'Ivoire | |
| Commodities: | Gold | |
| Date: | 5/3/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-5-2017: Centamin Plc announces an Exploration/Drilling Update report for its Doropo deposit at the Doropo project. Drilling results incl. 3m @ 15.3g/t Au from 42m. Centamin plc ("Centamin", the "Group" or "the Company") (LSE: CEY, TSX: CEE) is pleased t | |
| Resources: | (Resource): 5.75Mt @ 1.62g/t Au (Ind.) and 26Mt @ 1.26g/t Au (Inf.) at project | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Centamin plc ("Centamin", the "Group" or "the Company") (LSE: CEY, TSX: CEE) is pleased to announce its results for the first quarter ended 31 March 2017. Centamin has currently nine permits in Côte d'Ivoire covering a total 2,855 km2 area. Ten permits covering a further 3,530 km2 are also under application. Two new permits at the Doropo Project in north-east Côte d'Ivoire were granted during the quarter, Tehini 1 and Tehini 2. During the quarter, exploration in Côte d'Ivoire focussed on the Varale, Kalamon, Danoa and Bouna Nord permits (within the Doropo Project), and first-pass reconnaissance mapping and prospecting at the Kona and Gogo ABC projects. Preliminary metallurgical test work was performed at Veritas Laboratory in Abidjan. Bulk Leach Extractable Gold (BLEG) tests on 1kg samples indicates that all oxide, transition and primary materials are non-refractory with all recoveries exceeding 90%. Diamond core drilling will be completed in the second quarter, to provide samples for full diagnostic comminution and metallurgical characterisation test work at a laboratory in Australia. Infill resource drilling and preliminary geotechnical logging, hardness test work and RMR classification will commence in the second quarter. This data will feed into preliminary pit optimisation studies which are planned to be conducted during the year. | |
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