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Chesser Resources Ltd.
Summary
| Project: | Diamba Sud | |
|---|---|---|
| Deposit: | Diamba Sud | |
| Location: | Senegal | |
| Commodities: | Gold | |
| Date: | 5/28/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-5-2018: Chesser Resources Ltd. announces an Exploration/Drilling Update report for its Diamba Sud deposit at the Diamba Sud project. Drilling results incl. 3m @ 8.11g/t Au from 6m. Chesser Resources Limited (“Chesser” or “the Company”; ASX: CHZ) is ple | |
| 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 the infill geochemical auger drilling program at the Company’s 100% held Diamba Sud Project in Eastern Senegal. The assay results have delineated a large, significant anomalous gold trend that extends over 5kms in length and up to 2km in width (Figure 1). Previous exploration results indicated that this area was anomalous but the extent and magnitude of the gold anomalism has now been clearly delineated. Priority targets generated from these results will be drilled as soon as practicable. Infill Geochemical Auger Drilling Program This announcement reports the results of infill auger drilling from 1,469 holes for 12,664 metres with an average hole depth of 8.6m (Table 1). The program was undertaken to follow up on the highly encouraging gold assay results of the first-pass program of 1,122 pattern-drilled auger lines completed in January 2018. 1 The first pass auger lines were oriented roughly east-west and spaced 400m apart with holes spaced 100m along lines; this infill program had a nominal 200m by 50m spacing, except adjacent to a mineralised first-pass hole, when spacing was 25m. All holes were routinely sampled for gold by collection of composite samples representative of the lower laterite or “mottled” zone and the saprolite horizons. The composite samples vary in width depending on the depth of the geological units within the hole, with a minimum 1m interval sampled. | |
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