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Golden Star Resources Ltd.
Summary
| Project: | Wassa Mine | |
|---|---|---|
| Deposit: | Wassa, Farmer Brown | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 7/15/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 15-7-2019: Golden Star Resources Ltd. announces an Exploration/Drilling Update report for its Wassa, Farmer Brown deposit at the Wassa Mine project. Drilling results incl. 25.6m @ 34.1g/t Au from 421.8m. Toronto, ON – July 15, 2019 – Golden Star Resources | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: S. Mitchel Wasel (Internal) | |
| ABSTRACT: | Toronto, ON – July 15, 2019 – Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) (“Golden Star” or the “Company”) is pleased to announce that it has intersected significant gold mineralization 200 metres (“m”) down plunge to the south of the Inferred Mineral Resource at the Wassa Underground Gold Mine (“Wassa”) in Ghana, demonstrating the extension of the deposit. Drilling 85 km to the south at the Father Brown deposit has also shown that the Adoikrom gold bearing structure extends over 200 m down plunge of the last drill hole. Wassa drilling intersected the zone 200 m to the south and has extended the strike of this underground ore body over 1.7 km, and remains open to the south. The Company will continue with the Inferred delineation and conversion drilling at Wassa into the third quarter of the year, then will be incorporating all of the results, including underground drilling, to the update of mineral resource and reserves for 2020 budgeting and year end mineral resource and reserve statements. Drilling results at the Father Brown deposits are also encouraging, with the next steps being to pause the drilling and update the mineral resource models during the third quarter which, in turn, will enable the Company’s planning engineers to determine whether there is a viable underground mining project at Father Brown whether further drilling is warranted. The Company will update the market later this year. | |
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