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Resolute Mining Ltd.
Summary
| Project: | Tabakoroni | |
|---|---|---|
| Deposit: | Tabakoroni | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 12/18/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 18-12-2018: Resolute Mining Ltd. announces an Exploration/Drilling Update report for its Tabakoroni deposit at the Tabakoroni project. Drilling results incl. 12m @ 15.3g/t Au from 182m. Resolute Mining Limited (Resolute or the Company) (ASX:RSG) is please | |
| Resources: | (Resource, Total): 10.22Mt @ 2.5g/t Au for 778Koz Au contained at Tabakoroni | |
| 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. An active exploration is ongoing at Tabakoroni with two diamond drill rigs focusing on evaluating the high grade sulphide potential in the Tabakoroni Main Zone. Excellent results have been received from the program to date (see ASX Announcements dated 25 May 2018 and 5 July 2018). Managing Director and CEO, Mr John Welborn, continues to be impressed by the future underground potential at Tabakoroni “These new results have extended the strike length of the high grade zones at Tabakoroni. We are identifying new mineralisation in the hanging wall of the Tabakoroni shear zone which further expand the potential for underground mining. We continue to receive exceptional high grade intersections which reinforce the value of the ongoing investment in exploration in Resolute’s extensive Syama tenure.” “Tabakoroni is an important growth opportunity for Resolute which will allow the Company to exploit the extensive processing infrastructure at Syama. Open pit mining at Tabakoroni has commenced with oxide ore being delivered to Syama on a newly constructed haul road. Future underground ore will provide higher grade material and has the potential to further enhance Syama’s future production and cost profile.” | |
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