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Exore Resources Ltd.
Summary
| Project: | Bagoe | |
|---|---|---|
| Deposit: | Veronique | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 6/17/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-6-2019: Exore Resources Ltd. announces an Exploration/Drilling Update report for its Veronique deposit at the Bagoe project. Drilling results incl. 12m @ 7.00g/t Au from 16m. Exore is pleased to announce the latest aircore (AC) drilling results from th | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Francis Wedin (Internal) | |
| ABSTRACT: | Exore is pleased to announce the latest aircore (AC) drilling results from the exciting Veronique prospect within its Bagoe Project in northern Cote d’Ivoire (refer Figures Three and Four). The project is in a major gold producing region with several nearby large gold deposits including Barrick’s 4.2Moz Tongon, Resolute’s 11.5Moz Syama and Perseus’ 1.0Moz Sissingue. The latest results are from a number of short (200-350m long) reconnaissance AC traverses drilled 100m apart, stepping out from previous anomalous intercepts to test two orientation theories for the gold mineralisation within the central 1.6km of the +8km Veronique anomaly. Holes were drilled down to blade refusal, in a ‘top-to-tail’ configuration, aiming to test for in situ mineralisation along strike from previous mineralised intercepts within the central 1.6km of wide-spaced (400m spaced) AC lines. The lines were orientated so that both a possible NE and WNW/NW trend to the mineralisation at Veronique could be tested. The drilling was successful in intersecting high grade, in situ gold anomalism, and in indicating the WNW/NW trend as the most likely orientation of gold mineralisation at Veronique. Zones of mineralisation remain open in all directions. The WNW strike orientation opens up the possibility of multiple, sub-parallel, kilometre-scale mineralised lodes perpendicular to the 8km-long anomaly, >80% of which remains untested (refer Figure Two). | |
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