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Savary Gold Corp.
Summary
| Project: | Karankasso | |
|---|---|---|
| Deposit: | Karankasso | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 5/4/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-5-2017: 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. 4m @ 13.05g/t Au from 95m. Savary Gold Corp. (TSX-V: SCA) (“Savary” or th | |
| 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 final set of drill results from its 9,496 metre, phase 2, 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 24 holes totalling 2,375 metres that were completed between January 29 and March 30, 2017. The phase 3 drill program, of approximately 125 holes totalling up to 8,000 metres, is estimated to commence in mid-May. “The final part of our phase two drill program focussed on follow-up and new target testing in the S-Nosa area as well as expanding the mineral resource* footprint of the now 2,600-metre-long Kueredougou West Deposit. At S-Nosa, we have begun to extend the mineralized zone along strike and down dip with two good, gold-bearing holes and intend to follow-up with additional holes. At Kueredougou West, we have extended the zone to the north and south with a strong intercept at the north end of the zone and will continue to step out along strike.” stated Don Dudek, President and CEO of Savary. Mr. Dudek further noted “We are excited about our phase 3 drill program, estimated to commence in mid-May. This program will follow-up all of the new discoveries from the phase 2 program, continue to drill test for extensions to our current resources and complete a first pass test of all of the strongest gold-in-auger anomalies. Approximately 125 RC and AC holes are planned for this part of the exploration program. Our mandate is to continue to build value at the end of the drill bit.” | |
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