For thousands of other reports visit RSC's Mineral Intellingence Map
Chesser Resources Ltd.
Summary
| Project: | Diamba Sud | |
|---|---|---|
| Deposit: | Diamba Sud | |
| Location: | Senegal | |
| Commodities: | Gold | |
| Date: | 3/25/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-3-2019: Chesser Resources Ltd. announces an Exploration/Drilling Update report for its Diamba Sud deposit at the Diamba Sud project. Drilling results incl. 18.0m @ 5.61g/t Au from 6.0m . Chesser Resources Limited (“Chesser” or “the Company”; ASX:CHZ) i | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gareth O'Donovan (Internal) | |
| ABSTRACT: | Chesser Resources Limited (“Chesser” or “the Company”; ASX:CHZ) is pleased to announce first assay results from Phase 1 of its planned 5,000m RC drilling program at its flagship Diamba Sud Project, located in eastern Senegal (Figure 1). Covering 53.2km2 over the gold-bearing Kedougou-Kenieba Inlier, Diamba Sud consists of two blocks, DS1 and DS2. Diamba Sud is located ~2km’s to the west of the Senegal Mali Shear zone (SMSZ), a major regional structure. The SMSZ is host to numerous multi-million-ounce gold deposits, including; B2Gold’s 7.1Moz Fekola, Barrick’s 18Moz Loulo-Gounkoto complex and IAMGold’s Sadiola and Yatela mines. DS1 is 7km to the west of the 5.5Moz Gounkoto mine. “We are excited that first pass drilling has successfully intersected shallow, high-grade gold mineralisation at such an early stage in the drilling campaign. To intersect 18 metres at 5.61 g/t gold in oxide from 6 metres is extremely encouraging and demonstrates the highly prospective nature of the project. The Phase 1 drilling program continues at Diamba Sud, systematically testing priority targets. In the coming months, the Company looks forward to steady stream of news flow as we continue to announce results as they become available.”- said Mike Brown, Managing Director and CEO of Chesser Resources | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report