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Savary Gold Corp.
Summary
| Project: | Karankasso | |
|---|---|---|
| Deposit: | Karankasso | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 4/10/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-4-2017: Savary Gold Corp. announces an Exploration/Drilling Update report for its Karankasso deposit at the Karankasso project. JV with Sarama Resources Ltd. - drill results incl. 2m @ 19.91g/t Au from 74m. Savary Gold Corp. (TSX-V: SCA) (“Savary” or t | |
| Resources: | (Resource, Inf.): 9.16Mt @ 2.28g/t Au at project | |
| CP/QP: | [Overall Report]: Don Dudek (Internal) | |
| ABSTRACT: | Savary Gold Corp. (TSX-V: SCA) (“Savary” or the “Company”) is pleased to announce the second set of drill results from a 9,500 metre, 92-hole drill program that commenced at the end of January on the Karankasso JV Project in south western Burkina Faso. This news release presents results for 41 holes totalling 4,489 metres that were completed from February 13 to March 16, 2017. Results for another 26 holes for the Kueredougou West and S-Nosa Zone areas are pending. The phase 3 drill program of approximately 80 holes totalling up to 8,000 metres will commence in early May. “This part of our phase two drill program focussed on expanding the resource* footprint of the Diosso South, Karangosso and West Trend Deposit areas. Significant progress was made at the DIosso South Zone along with intriguing new mineralization intersected along the north strike extension of the West Trend Zone” stated Don Dudek, President and CEO of Savary. Mr. Dudek further noted “Results are pending for recent holes completed along the Kueredougou West Zone and to follow-up on a 2016 drill discovery at the S-Nosa Zone. Planning has commenced for the phase three drill program which will include more follow-up holes at the Diosso South, West Trend, Kueredougou, Serakoro Main and Serakoro West zones and the first pass testing of the >100 ppb, gold-in-auger anomalies. Drilling is set to resume on or about May 1 after a one month hiatus.” | |
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