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Tanga Resources Ltd.
Summary
| Project: | Singida | |
|---|---|---|
| Deposit: | Winston | |
| Location: | Tanzania | |
| Commodities: | Gold | |
| Date: | 8/17/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-8-2016: Tanga Resources Ltd. announces an Exploration/Drilling Update report for its Winston deposit at the Singida project. Drilling results incl. 14m @ 3.75g/t Au from 42m. High grade gold results from recent drilling at Winston. Drill hole WRC021 ( | |
| Resources: | x | |
| CP/QP: | [Overall Report]: John Stockley (Internal) | |
| ABSTRACT: | High grade gold results from recent drilling at Winston. Drill hole WRC021 (above) drilled 33m west of, and 12m north of, the previously reported WRC004 & WDH014 has intersected two high grade structures in mineralised banded iron formation (BIF) open to the west and down dip. Drilling 200m east of Winston intersected significant gold mineralisation in BIF. Drill hole WRC022 (above) was part of a program to test strong gold-in soil anomalies and coincident ground magnetic anomalies 200m east of Winston. To date 4,070m of combined RC and Diamond drilling has been completed at Winston since 18 April 2016. Over 2,800 samples have been despatched for gold assay. On-going ground geophysical work consisting of 3D IP and Gradient Array IP both at Winston and along the 10km prospective Wandela-Bassotu corridor is nearing completion and will be reported separately. This work will directly assist drill targeting in areas of deep soil and young volcanic cover. The Chairman of Tanga Resources, John Jones said, “The recent drilling results at Winston confirm the presence of a significant gold mineralised system. Results from hole WRC021 (western side) and WRC022 (eastern side) indicate a potential strike length of over 200m, open to the east, and down dip to the north.” | |
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