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Resolute Mining Ltd.
Summary
| Project: | Tabakoroni | |
|---|---|---|
| Deposit: | Tabakoroni | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 12/12/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 12-12-2019: Resolute Mining Ltd. announces an Exploration/Drilling Update report for its Tabakoroni deposit at the Tabakoroni project. Drilling results incl. 12m @ 93.6g/t Au from 133m. Resolute Mining Limited (Resolute or the Company) (ASX/LSE:RSG) is pl | |
| Resources: | ||
| CP/QP: | [Overall Report]: Bruce Mowat (Internal) | |
| ABSTRACT: | Resolute Mining Limited (Resolute or the Company) (ASX/LSE:RSG) is pleased to announce exploration results from the Company’s 2019 drilling campaigns in Mali. Drilling has been focused on expanding Mineral Resources at Syama satellite prospects. The positive results received will expand sulphide resources at Tabakoroni as well as build on the open pit oxide Mineral Resource inventory at Tabakoroni, Cashew and Paysans. Managing Director and CEO, Mr John Welborn, was pleased by the continuing exploration success at Syama: “We continue to receive excellent high-grade intersections from drilling at Tabakoroni. We remain confident that further drilling will expand our underground resource model and form the basis of a future high-grade underground mine. Of equal importance is our success in growing available oxide resources. Open pit mining at Tabakoroni is exceeding expectations with high grade ore resulting in record production from the Syama oxide processing circuit in 2019. The success of our regional oxide exploration programs provides obvious opportunity to extend the oxide mining inventory. “Resolute controls 80km of greenstone belt strike along the prolific Syama shear zone. Exploration on our tenements at Syama has already defined more than 10 million ounces of gold. We expect our investment in exploration at Syama to accelerate in 2020 with strong cashflows from both the oxide and sulphide processing plants.” | |
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