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Chesser Resources Ltd.
Summary
| Project: | Diamba Sud | |
|---|---|---|
| Deposit: | Diamba Sud | |
| Location: | Senegal | |
| Commodities: | Gold | |
| Date: | 6/17/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-6-2020: Chesser Resources Ltd. announces an Exploration/Drilling Update report for its Diamba Sud deposit at the Diamba Sud project. Drilling results incl. 23m @ 3.5g/t Au from 96m. The Company is pleased to report first assay results from its current | |
| Resources: | x | |
| CP/QP: | [Overall Report] Gareth O'Donovan (Internal) | |
| ABSTRACT: | The Company is pleased to report first assay results from its current ~4000m reverse circulation (RC) drill program at the Area A discovery within the Northern Arc target. Results from 12 RC holes totalling 1,185m are reported in this release. NORTHERN ARC TARGET Area A Drilling Initial results from Area A have successfully identified new, potentially significant, extensions to the previously reported gold mineralisation. Drilling has confirmed the presence of a potentially significant structural trend. Hole DSR144 intersected a wide zone of gold mineralisation along an interpreted north-northeast trend previously reported to the north in holes DSR115 (10m at 3.41 g/t and 4m at 13.28 g/t gold) 2 and DSR127 (10m at 3.89 g/t gold) 3 (Figure 1). Gold mineralisation is hosted within altered sedimentary breccias underlying a felsic intrusive (Figure 2) and is characterised by pyrite mineralisation associated with albite-carbonate-hematite alteration, typical of the assemblages found associated with other tier 1 gold deposits along the SMSZ orogenic gold belt. Significant intersections include | |
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