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Golden Star Resources Ltd.
Summary
| Project: | Prestea Mine | |
|---|---|---|
| Deposit: | Prestea Mine | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 6/4/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 4-6-2019: Golden Star Resources Ltd. announces an Exploration/Drilling Update report for its Prestea Mine deposit at the Prestea Mine project. 1.0m @ 124.4g/t Au from 144.0m. Drilling commenced from a newly excavated northern drill chamber at the beginnin | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: S. Mitchel Wasel (Internal) | |
| ABSTRACT: | Drilling commenced from a newly excavated northern drill chamber at the beginning of 2019 (X cut 262N) in the Prestea Underground 24 level. Eight holes have been completed to date in this drilling program, targeting the northern extension of the defined reserves. All holes intersected the West Reef structure, with several returning strong economic grades and widths. These results confirm the extension of gold mineralization into this area and represent the opportunity to add new stopes, along strike of the current mining front, which have the potential to be mined during the next two years. The drilling to date conducted from the 262 N X-cut totaled 2,700 m, and a further 5,000 m are expected to be completed before the end of Q3 2019. Initially, drilling has targeted the West Reef structure at approximately 100 × 100 m centers. In areas where economic widths and grades have been intersected, the drill spacing will be closed in to 25-30 m × 25-30 m to add confidence to the mineralization for conversion to an indicated mineral resource and subsequently to a probable mineral reserve, should the economics prove viable. | |
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