For thousands of other reports visit RSC's Mineral Intellingence Map
Golden Star Resources Ltd.
Summary
| Project: | Prestea Mine | |
|---|---|---|
| Deposit: | Prestea Mine | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 9/21/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 21-9-2017: Golden Star Resources Ltd. announces an Exploration/Drilling Update report for its Prestea Mine deposit at the Prestea Mine project. Drilling results incl. 1.6m @ 64.5g/t Au from 144.2m. Toronto, ON – September 21, 2017 – Golden Star Resources | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: S. Mitch Wasel (Internal) | |
| ABSTRACT: | Toronto, ON – September 21, 2017 – Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) (“Golden Star” or the “Company”) is pleased to report the first four results from the 2017 extension drilling program at its Prestea Underground Gold Mine (“Prestea Underground”) in Ghana. The Company also announces seven results from the 2017 in-fill drilling program. Sam Coetzer, President and Chief Executive Officer of Golden Star, commented: “We believe that Prestea Underground is one of the highest grade gold development projects in West Africa1 . These initial results from our extension drilling program indicate that the West Reef extends to the north of the existing Mineral Reserves, representing the potential to increase the annual production rate in the near term. The in-fill drilling results have also further increased our confidence in the grade, thickness and continuity of the currently defined West Reef Mineral Reserve. I look forward to releasing further extension drilling results during the fourth quarter of 2017 and gaining a stronger understanding of Prestea Underground’s longer term potential as the drilling program increases momentum in early 2018.” Five holes have been completed to date in the extension drilling program, targeting the area to the north of the existing planned stopes, with the results of the first four holes announced today. These results confirm the extension of gold mineralization into this area and represent the opportunity to add new stopes, which have the potential to be mined during the next 18 months. The drilling was conducted from within Prestea Underground’s workings and comprised a total of 1,007m. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report