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Perseus Mining Ltd.
Summary
| Project: | Sissingue | |
|---|---|---|
| Deposit: | Sissingue | |
| Location: | Côte D'Ivoire | |
| Commodities: | Gold | |
| Date: | 5/15/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 15-5-2017: Perseus Mining Ltd. announces an Exploration/Drilling Update report for its Sissingue deposit at the Sissingue project. Drilling results incl. 46m @ 1.11g/t Au from 109m. Perseus Mining Limited (ASX/TSX: PRU) (“Perseus”) wishes to announce sign | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Douglas Jones (Internal) | |
| ABSTRACT: | Perseus Mining Limited (ASX/TSX: PRU) (“Perseus”) wishes to announce significant results from exploration drilling at the Papara prospect, located approximately 20 kilometres north-northwest of the Sissingué Gold Mine (“Sissingué”) on Perseus’s mining permit in northern Côte d’Ivoire. (Refer to Figure 1.) Development of Sissingué is on target for first gold to be poured in the March 2018 quarter when it will become Perseus’s second operating gold mine. Recent RC and diamond drilling at the Papara prospect on the Sissingué mining permit in Côte d’Ivoire has returned significant results from primary mineralisation intersected in several holes. Hole PADD019 returned 11.18m at 4.36g/t Au from 135.82m, including 1m at 24.7g/t Au. Hole PADD017, 80m to the southeast, returned 14m at 2.37g/t Au from 141m (including 1m at 13.3g/t Au) within a broader intersection of 46m at 1.11g/t Au from 109m. On the intervening section, PADD010 returned 20.1m at 1.02 g/t Au from 20.9m and 20m at 1.23 g/t Au from 66m, whilst PRC171 on the same section returned 15m at 1.66g/t Au from 30m. PARD012 on the latter section returned three mineralised intervals, 3m at 3g/t Au from 45m, 12.7m at 1.84 g/t Au from 60.3m and 35m at 1.00 g/t Au from 76m. Locations for all drill holes from the current program are provided in Table 1, with details of all results ≥ 0.3g/t Au provided in Table 2. | |
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