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Exore Resources Ltd.
Summary
| Project: | Bagoe | |
|---|---|---|
| Deposit: | Veronique | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 7/1/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-7-2019: Exore Resources Ltd. announces an Exploration/Drilling Update report for its Veronique deposit at the Bagoe project. Drilling results incl. 20m @ 6.46g/t Au from 8m. Exore Resources Ltd (‘Exore’ or the ‘Company’ | ASX: ERX) is pleased to report | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Francis Wedin (Internal) | |
| ABSTRACT: | Exore Resources Ltd (‘Exore’ or the ‘Company’ | ASX: ERX) is pleased to report further exceptional shallow gold results from ongoing aircore (‘AC’) drilling at the new Veronique gold discovery, located 12kms south of Exore’s Antoinette gold discovery. Managing Director, Mr Justin Tremain commented: “These latest results at Veronique are excellent and are the best aircore drilling results ever returned across the entire Bagoe and Liberty Project areas. In an area that has no visible outcrop, shallow drilling at Veronique continues to correlate well with the highly anomalous soil geochemistry which extends over 8 kilometres in length. The first aircore results at Veronique were reported only 3 months ago in March and it is quickly shaping up as a major gold discovery of high grade and significant scale, similar to other major deposits in West Africa. Veronique will be a focus for drilling by Exore as we conduct further step out drilling within this very large area.” Exore Resources Ltd (‘Exore’ or the ‘Company’ | ASX: ERX) is pleased to report the latest aircore (‘AC’) drilling results from the exciting Veronique gold discovery within its Bagoe Project in northern Cote d’Ivoire (refer Figures Three and Four). The Bagoe Project is in a major gold producing region with several nearby large operating gold mines including Barrick’s 4.2Moz Tongon and 6.5Moz Morila mines, Resolute’s 11.5Moz Syama mine, Teranga’s 2.7Moz Wahgnion mine and Perseus’ 1.0Moz Sissingue mine. The latest results are from two short reconnaissance AC traverses drilled in the central zone of the large (>8km long) Veronique gold anomaly. The first traverse was drilled 200m and 450m along strike from previous recent AC drilling and the second traverse was a 100m step-out on the previous AC drilling. | |
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