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Perseus Mining Ltd.

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Summary

Project:

Edikan

Deposit:Wampam, Esuajah Gap
Location:Ghana
Commodities:Gold
Date:7/17/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:17-7-2019: Perseus Mining Ltd. announces an Exploration/Drilling Update report for its Wampam, Esuajah Gap deposit at the Edikan project. Drilling results incl. 6m @ 2.17g/t Au from 0m. Exploration activities at Edikan focussed on testing for potential mi
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Douglas Jones (Internal)
ABSTRACT:Exploration activities at Edikan focussed on testing for potential mineralised granites in the Wampam West area, approximately 500 metres north of the Esuajah North pit (Appendix B - Figure 4). In total, 1,461metres of diamond core and 678 metres of RC pre-collar were drilled in five holes during the Quarter. The Wampam West area was targeted for drilling following the recognition of the Esuajah Gap granite drilled in previous quarters. Based on extrapolation of the Esuajah South, Esuajah Gap, Esuajah North granite trend and interpretation of geophysical data sets, a traverse of five holes was designed to test a possible intersection of the granite trend with an east-west cross-cutting feature. Although no major granite bodies were identified, numerous granite dykes were intersected, some of which were altered and mineralised. Sampling of these dykes and associated altered and mineralised metasediments returned potentially significant gold grades.

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