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Resolute Mining Ltd.
Summary
| Project: | Tabakoroni | |
|---|---|---|
| Deposit: | Tabakoroni | |
| Location: | Mali | |
| Commodities: | Gold | |
| Date: | 5/25/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 25-5-2018: Resolute Mining Ltd. announces an Exploration/Drilling Update report for its Tabakoroni deposit at the Tabakoroni project. Drilling results incl. 6m @ 71.9g/t Au from 37m. Managing Director and CEO, Mr John Welborn, was delighted by the impress | |
| Resources: | (Resource, Total): 10.22Mt @ 2.5g/t Au for 778Koz Au contained at Tabakoroni | |
| CP/QP: | [Overall Report]: Bruce Mowat (Internal) | |
| ABSTRACT: | Managing Director and CEO, Mr John Welborn, was delighted by the impressive emerging growth story at Tabakoroni: “Standing on site at Tabakoroni and holding new uncut diamond drill core which displays multiple examples of visible gold is tremendously exciting. It demonstrates the new discoveries at Tabakoroni are significant for Resolute. “Our investment and renewed focus on exploration to drive value creation at Syama has again identified additional opportunity. The new Tabakoroni Nord creates confidence in extensions to the oxide resource inventory. The two high grade shoots identified at the Tabakoroni Main Zone indicate future potential for an additional source of high grade sulphide material. “Syama is a world class orebody with enormous untapped potential. The results from Tabakoroni confirm the project as a major gold deposit in its’ own right. We increasingly view Tabakoroni as a significant asset and a long-term source of additional oxide and sulphide material for our Syama processing milling complex. “The extent and continuity of the high grade zones at Tabakoroni has encouraged us to increase the drilling program for the remainder of the calendar year. Exploration remains a key focus at Syama with ongoing drilling programs focused at the Nafolo discovery adjacent to the main Syama ore body and at the Tabakoroni Project. The full resource potential of Resolute’s extensive Syama tenure remains largely untested. Recent exploration success is highly encouraging and supports the contemporaneous work being completed on processing improvements and the development of the main Syama Underground mine.” | |
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