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Golden Star Resources Ltd.
Summary
| Project: | Wassa Mine | |
|---|---|---|
| Deposit: | Wassa Mine | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 12/17/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 17-12-2018: Golden Star Resources Ltd. announces an Exploration/Drilling Update report for its Wassa Mine deposit at the Wassa Mine project. Drilling results incl. 10.4m @ 11.9g/t Au from 774.5m. Toronto, ON – December 17, 2018 – Golden Star Resources Ltd | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: S. Mitchel Wasel (Internal) | |
| ABSTRACT: | Toronto, ON – December 17, 2018 – Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) (“Golden Star” or the “Company”) is pleased to report further step out and infill drilling results from its Wassa Underground Gold Mine (“Wassa Underground”) in Ghana, demonstrating the extension and robustness of the deposit. Sam Coetzer, President and Chief Executive Officer of Golden Star, commented: “I am encouraged by the latest positive results from the Wassa Underground drilling program. Our objective is to ‘fill the mill’ through defining additional Mineral Resources and utilizing the Wassa processing plant’s excess capacity and these latest results suggest that we are on track to achieve this goal. The step out drilling results continue to confirm the extension of the Wassa Underground deposit to the south and the deposit remains open down plunge, which suggests further exploration upside potential. The infill drilling results also confirm the previously recorded grades and widths of the deposit and we expect to upgrade a portion of Wassa’s Inferred Mineral Resources into the Indicated category. With our larger exploration budget as a result of the funds received from the investment by our new strategic investor, we are focused on demonstrating the potential of this exceptional deposit and delivering compelling value for our shareholders.” | |
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