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SEMAFO Inc.
Summary
| Project: | Mana | |
|---|---|---|
| Deposit: | Yama | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 6/20/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 20-6-2016: SEMAFO Inc. announces an Exploration/Drilling Update report for its Yama deposit at the Mana project. Drilling results incl. 28.0m @ 2.23g/t Au from 104.0m. Montreal, Quebec, June 20, 2016– SEMAFO (TSX, OMX: SMF) today announced delineation dri | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michel Crevier (Internal) | |
| ABSTRACT: | Montreal, Quebec, June 20, 2016– SEMAFO (TSX, OMX: SMF) today announced delineation drilling results from Yama, the recently discovered mineralized zone located 22 kilometers southwest of the Mana mill. Over 2,500 meters of in-fill drilling were completed in May at 25-meter by 50-meter grid spacing. Results of up to 2.23 g/t across 28 meters were obtained that will be incorporated in the Yama maiden reserves estimate now scheduled for completion by the end of the third quarter of 2016. The May campaign comprised 16 reverse-circulation (RC) holes and 4 multipurpose (RC-core combination) holes that furthered our understanding of the mineralized zones and grades defined in the first quarter of 2016. The mineralization is hosted by quartz veining and silicified sediments flanked by mafic volcanic flows. The sedimentary unit is highly altered and sheared, dipping approximately 70 degrees to the west and trending generally north-south. The following results represent the highlights of the May 2016 delineation program, which is now complete. | |
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