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Resolute Mining Ltd.
Summary
| Project: | Syama | |
|---|---|---|
| Deposit: | Nafolo Tabakoroni | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 7/5/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 5-7-2018: Resolute Mining Ltd. announces an Exploration/Drilling Update report for its Nafolo Tabakoroni deposit at the Syama project. Drilling results incl. 5.0m @ 493.0g/t Au from 167.0m. Resolute Mining Limited (Resolute or the Company) (ASX : RSG) is | |
| Resources: | (Resource I+I): 55.9Mt @ 3.2g/t Au for 5.7Moz Au contained at Syama underground | |
| CP/QP: | [Overall Report]: Bruce Mowat (Internal) | |
| ABSTRACT: | Resolute Mining Limited (Resolute or the Company) (ASX : RSG) is pleased to announce further exceptional drilling results from the ongoing exploration program at the Tabakoroni Project (Tabakoroni) located 35km south of the Syama Gold Mine (Syama) in southern Mali. Managing Director and CEO, Mr John Welborn is convinced the successful exploration programs at Syama will create a new growth story for Resolute. “The excellent high grade intersections we are receiving from new zones at Syama are extremely significant and very exciting. Today we announce the highest grade intersection ever reported from Syama in more than 30 years of exploration by ourselves, Randgold, and BHP. Diamond drilling is consistently delivering wide and strongly mineralised intercepts. Syama is already a 10 million ounce (Moz) ore position and these results confirm our resource base will continue to grow. Resolute has two independent processing plants at Syama and we continue to investigate the optimal production scale of the mine. Our journey at Syama has been revitalised by recent exploration success which has created the opportunity to expand our production base and deliver our ambition of a world class, large scale, low cost gold mine.” | |
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