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Komet Resources Inc.
Summary
| Project: | Guiro | |
|---|---|---|
| Deposit: | Guiro South | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 5/25/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 25-5-2017: Komet Resources Inc. announces an Exploration/Drilling Update report for its Guiro South deposit at the Guiro project. Drilling results incl. 0.57m @ 10.62g/t Au from 53.46m. Quebec City, May 25, 2017 – Komet Resources Inc. (“Komet” or the “Com | |
| Resources: | (Not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jacques Marchand (Not stated) | |
| ABSTRACT: | Quebec City, May 25, 2017 – Komet Resources Inc. (“Komet” or the “Company”) is pleased to announce the first drilling results on the Guiro South zone, 488 meters south to the Guiro mine. Following the sampling results on this new zone announced in the March 29, 2017 press release, three holes were core drilled over an area of 40 m in width by 80 m in length and confirmed a striped and coiled vein that appears parallel and similar to the Guiro vein. These three holes intercepted the structure, but hole 1 did not contain the mineralized vein. The two mineralized stacks encountered at 40 m depth have an average (true) width of 0.91 m and an average grade of 7.6 g / t Au. This grade is of the same order as that found in the grooves of gold pits (March 29, 2017 press release). Two visible gold points are present in Survey 2. Following those excellent results, a drilling campaign of at least 1000 meters is underway. Mr André Gagné, president and CEO declares: “We are very enthusiastic about this new discovery close to the Guiro mine and its facilities. Those results are very encouraging for the future growth of mine production by the Company.” | |
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