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Exore Resources Ltd.
Summary
| Project: | Bagoe | |
|---|---|---|
| Deposit: | Veronique | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 1/21/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-1-2020: Exore Resources Ltd. announces an Exploration/Drilling Update report for its Veronique deposit at the Bagoe project. Drilling results incl. 2m @ 44.08g/t Au from 62m. Exore Resources Ltd (‘Exore’ or the ‘Company’ | ASX: ERX) is pleased that rec | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Travis Schwertfeger (Internal) | |
| ABSTRACT: | Exore Resources Ltd (‘Exore’ or the ‘Company’ | ASX: ERX) is pleased that recent reverse circulation (‘RC’) drilling at the Veronique prospect within the Company’s Bagoe Project in northern Cote d’Ivoire, where previous preliminary test work indicated favourable metallurgical recoveries from primary mineralisation, has returned additional high grade gold assays. Exore is pleased to report further exceptional high-grade gold assay results from the maiden RC drilling at the Veronique gold anomaly within its Bagoe Project in northern Cote d’Ivoire. 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 (refer Figure Five). The latest results are from a further 29 holes for 2,505m of RC drilling to an average depth of less than 90m. These results include a further 160m step-out on the 600m of WNW mineralised strike defined with recent RC drilling. These step-out holes returned 2m @ 44.08g/t gold and 2m @ 21.23g/t gold (refer Figures One and Two). High grade mineralisation remains completely open with no drilling beyond this high-grade section (refer Figure One). Further RC drilling at Veronique will shortly be undertaken, including step out drilling along strike to the south-east, along with some infill to define potential high-grade plunge orientation. | |
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