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Golden Star Resources Ltd.
Summary
| Project: | Wassa Mine | |
|---|---|---|
| Deposit: | Wassa Underground | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 3/6/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 6-3-2017: Golden Star Resources Ltd. announces an Exploration/Drilling Update report for its Wassa Underground deposit at the Wassa Mine project. Drilling results incl. 33.1m @ 15.3g/t Au from 270m. Golden Star Resources Ltd. (NYSE MKT: GSS; TSX: GSC; GSE | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: S. Mitchel Wasel (Internal) | |
| ABSTRACT: | Golden Star Resources Ltd. (NYSE MKT: GSS; TSX: GSC; GSE: GSR) ("Golden Star" or the "Company") is pleased to report the remaining results from the in-fill drilling program at its Wassa Underground Gold Mine ("Wassa Underground") in Ghana. The program targeted the high grade B Shoot zone of Wassa Underground, focusing on the areas that are expected to be mined with transverse stoping (the "2016 B Shoot transverse stope drilling program"). Sam Coetzer, President and Chief Executive Officer of Golden Star, commented: "This drilling program was designed to test the first B Shoot transverse stopes, which we expect to begin mining in the third quarter of this year. As well as confirming the high grade nature and continuity of the B Shoot, the results from the most Northern holes of this program suggest that the high grade zones continue up plunge to the North. As part of the design update work, which will be conducted with this newdrilling data, we will assess the viability of adding additional stopes to the North of the current mine plan with the intention of increasing Wassa Underground's Mineral Reserves." During the second half of 2016 Golden Star conducted an in-fill drilling program to further delineate the first planned transverse stoping areas of the B Shoot zone. In December 2016, Golden Star reported the first nine holes of this program and the results of the remaining 15 holes have now been received. They continue to confirm the wide zones of high grade gold mineralization in this area. This program has also defined the contacts and geometry of the high grade zones so that detailed mining plans and schedules can be assembled in advance of mining. In addition, the drilling targeted gaps in the existing planned stopes to determine whether continuity between areas of higher grade mineralization exists. The results of the most Northern holes from this program indicated that the ore body is open to the North and, therefore, Golden Star will be evaluating the viability of adding additional stopes to the mine plan in this area. | |
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