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Komet Resources Inc.

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Summary

Project:

Dabia South

Deposit:Dabia South
Location:Mali
Commodities:Gold
Date:3/27/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:27-3-2017: Komet Resources Inc. announces an Exploration/Drilling Update report for its Dabia South deposit at the Dabia South project. Drilling results incl. 11m @ 3.72g/t Au from 51m. Komet Resources Inc. (“Komet” or the “Company”) is pleased to announc
Resources:x
CP/QP:[Overall Report]: Jacques Marchand (Not stated)
ABSTRACT:Komet Resources Inc. (“Komet” or the “Company”) is pleased to announce the first drilling results on its Dabia South permit (formerly known as Moussala) located in Mali. The first shallow six holes were drilled on the south portion of the Kabaya gold zone. The RC drilling sections are located within a north-south oriented corridor and cover a 50 meters width, drill hole true width is not determined. Among results, hole 06 reported 12.23 g/t over 3 meters. Samples were analyzed by merger fusion on a grip of 50g pulp and ppm finish for the gold at the independent SGS Laboratory, Bamako, Mali. Sampling on site is done by professional geologists and Quality Assurance/Quality Control and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43–101 and industry best practices, including the introduction of standards, blanks and duplicates with every batch of 20 samples analyzed. Concerning these new results, Mr. André Gagné, president and chief executive officer, made this comment: “These results were above our expectations in a new sector where gold vein mineralization was poorly known and not at all documented.” Consequently, the company plans 500 metres of additional drilling to investigate this new zone.

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