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Golden Star Resources Ltd.
Summary
| Project: | Prestea Mine | |
|---|---|---|
| Deposit: | Prestea Mine | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 7/6/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 6-7-2017: Golden Star Resources Ltd. announces an Exploration/Drilling Update report for its Prestea Mine deposit at the Prestea Mine project. Drilling results incl. 1.1m @ 75.7g/t Au from 147.0m. Toronto, ON – July 6, 2017 – Golden Star Resources Ltd. (N | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: S. Mitch Wasel (Internal) | |
| ABSTRACT: | Toronto, ON – July 6, 2017 – Golden Star Resources Ltd. (NYSE MKT: GSS; TSX: GSC; GSE: GSR) (“Golden Star” or the “Company”) is pleased to report 14 results from the 2017 in-fill drilling program at its Prestea Underground Gold Mine (“Prestea Underground”) in Ghana. The focus of this program was to further define the West Reef ore body, where Prestea Underground’s high grade Mineral Reserves (1.09 million tonnes at 13.93 grams per tonne (“g/t”) of gold (“Au”)) are located. “This in-fill drilling program has further increased our confidence in the grade, continuity and thickness of the currently defined West Reef Mineral Reserve. Our exploration team will begin the extension drilling of the West Reef during the second half of 2017 and I am looking forward to announcing those results in due course. The development of our first raise is complete and our second raise is going well, with the raise climber now having advanced 90 metres up from 24 Level. Prestea Underground is one of the highest grade development projects in West Africa1 and when it commences production it will contribute strongly to Golden Star’s transformation into a high grade, low cost gold producer.” During the second quarter of 2017 Golden Star conducted an in-fill stope definition drilling program to further delineate the West Reef ore body of Prestea Underground. This work focused on assessing flexures in the dip of the ore body ahead of raise development and ultimately stope development. Twenty holes have been drilled to date, with the assay results for 14 of these holes announced today. These results confirm the previously modelled high grade nature and strong continuity of gold mineralization and the thickness of the ore body. The full set of results is listed in Appendix A. | |
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