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Project: | Karankasso | |
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Deposit: | Karankasso | |
Location: | Burkina Faso | |
Commodities: | Gold | |
Date: | 4/11/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 11-4-2018: Savary Gold Corp. announces an Exploration/Drilling Update report for its Karankasso deposit at the Karankasso project. Auger drilling results incl. 15m @ 6.42g/t Au from 0m. Toronto, Canada – April 10, 2018 – Savary Gold Corp. (TSX-V: SCA) (“S | |
Resources: | (Resource, Inf.): 12.3Mt @ 2.03g/t Au for 805000oz Au contained at project | |
CP/QP: | [Overall Report]: Don Dudek (Internal) | |
ABSTRACT: | Toronto, Canada – April 10, 2018 – Savary Gold Corp. (TSX-V: SCA) (“Savary” or the “Company”) is pleased to provide an exploration update for its Karankasso JV exploration Project in south western Burkina Faso. Savary is the operator of the project and owns approximately 71.5%. During February and March 2018, Savary completed 1,024 auger drill holes totalling 8,330 metres to test for gold enrichment below surficial cover material. See a summary of the results below and presented in Figure 1 This work has identified a whole new series of drill targets that will be tested in conjunction with planned follow-up from our phase 1 program that was completed in early March. Based on our high, new zone discovery success rate, after the previous auger program, management is highly optimistic that these new anomalies are indicative of underlying extensions of the known mineralized trends and with luck, some new trends as well.” stated Don Dudek, President and CEO of Savary. Mr. Dudek further noted “we plan to drill-test these targets in the coming weeks to access their potential to increase our estimated mineral resources.” | |
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