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Chesser Resources Ltd.
Summary
| Project: | Diamba Sud | |
|---|---|---|
| Deposit: | Diamba Sud | |
| Location: | Senegal | |
| Commodities: | Gold | |
| Date: | 8/27/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-8-2018: Chesser Resources Ltd. announces an Exploration/Drilling Update report for its Diamba Sud deposit at the Diamba Sud project. Auger drilling results incl. 16m @ 2.57g/t Au from 3m. Chesser Resources Limited (“Chesser” or “the Company”; ASX: CHZ) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Simon McDonald (Internal) | |
| ABSTRACT: | Chesser Resources Limited (“Chesser” or “the Company”; ASX: CHZ) is pleased to announce assay results from a deeper geochemical auger drilling program at the Company’s 100%-held Diamba Sud Project in Eastern Senegal. (Figure 1) The assay results have confirmed the continuity and extended the depth of the large, significant anomalous gold trend that extends over 5km in length and up to 2km in width identified in the first pass and infill auger drilling programs (Figure 2). In the first-pass and infill programs completed previously, auger holes were routinely stopped when three metres into the weathered bedrock (saprolite) zone. A short program to twin and deepen those previous auger intersections with composite assays over 0.5 g/t gold was undertaken in July 2018. The program comprised 72 holes for a total of 1,010 metres. Each first pass and infill auger assay over 0.5 g/t gold was twinned by a new hole and drilled to auger bit refusal. Previous holes with assays over 1.0 g/t gold were twinned with a new hole and also had step-out holes drilled 25m distant to the north, south, east and west of the twin-hole location. One-metre samples were collected for assay from within both the mottled and saprolite layers. The deepest penetration to bit refusal was 28 metres, with an average hole depth of 14m. The best downhole intersections were 16m at 2.57 g/t gold in hole DSA2861T and 10m at 2.75 g/t gold in hole DSA2789T. | |
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