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IronRidge Resources Ltd.
Summary
| Project: | Zaranou | |
|---|---|---|
| Deposit: | Zaranou | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 1/15/2020 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-1-2020: IronRidge Resources Ltd. announces an Exploration/Drilling Update report for its Zaranou deposit at the Zaranou project. Drilling results incl. 6m @ 15.11g/t Au from 26m. IronRidge Resources Limited (AIM: IRR, ‘IronRidge’ or the ‘Company’), the | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Lennard Kolff (Internal) | |
| ABSTRACT: | IronRidge Resources Limited (AIM: IRR, ‘IronRidge’ or the ‘Company’), the African focussed minerals exploration company, is delighted to report that multiple high‐grade and broad gold intersections have been returned from initial drilling assay results received from the Zaranou Gold Project in Côte d’Ivoire. The license borders with Ghana and is along strike from significant operating gold mines including Chirano (5Moz), Bibiani (5.5Moz) and Ahafo (17Moz). Initial assay results have been returned for AC traverses Line 3, Line 5 and Line 6 with all drill intersections reported in Table 1 and Figure 1 through to Figure 4 below. All samples were analysed by ALS laboratory in West Africa and passed internal QA/QC protocols providing confidence in reported results. A total of three (3) AC drill traverses are reported herewith from a total of seven (7) traverses drilled for the maiden drill programme (refer Figure 1). All drill intersections are reported on cross‐sectionsin Figure 2, Figure 3 and Figure 4. Drilling results received to date have confirmed strike and depth continuity of gold mineralisation where tested on AC traverses adjacent to hard‐rock artisanal pits and shafts as well as discovered new mineralised trends under shallow cover not exposed by artisanals (refer Figure 2, Figure 3 and Figure 4). This is significant as it demonstrates additional exploration potential between currently defined gold trends. New drilling results confirm previously reported channel sampling results including 6m @ 3.67g/t, 3m @ 4.13g/t and 4m @ 2.39g/t gold, and rock chip sampling resultsincluding 69.9g/t, 48.8g/t and 25.3g/t gold from within the artisanal pits, providing confidence in further exploration potential along the 8km target zone sampled to date (refer to RNS of 23 July 2019). | |
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