For thousands of other reports visit RSC's Mineral Intellingence Map
Teranga Gold Corp.
Summary
| Project: | Golden Hill | |
|---|---|---|
| Deposit: | Golden Hill | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 1/22/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-1-2020: Teranga Gold Corp. announces an Exploration/Drilling Update report for its Golden Hill deposit at the Golden Hill project. Drilling results incl. 7m @ 32.67g/t Au from 46m. Toronto, Ontario: January 22, 2020 – Teranga Gold Corporation ("Teranga | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Peter Mann (Internal) | |
| ABSTRACT: | Toronto, Ontario: January 22, 2020 – Teranga Gold Corporation ("Teranga" or the "Company") (TSX: TGZ, OTCQX:TGCDF) is pleased to announce strong results from its ongoing drilling program at Golden Hill, located within the central part of the Houndé Greenstone Belt, a highly mineralized gold region that hosts three operating gold mines in southwest Burkina Faso, West Africa. Golden Hill, which is 100% owned by Teranga, is an advanced-stage exploration project that has delivered multiple high-grade gold discoveries over the last two years. The 20,000 metres drilled as part of the current 27,000-metre program have returned high-grade gold intercepts from near surface to depth at several existing targets and encouraging gold grades in numerous step-out holes. The campaign has also uncovered a new discovery: The Ma Jonction prospect, located between Ma Main and Ma North. “We are excited about the results we are seeing from the current drill program, which is intended to increase resources as we move the project through a preliminary economic assessment and into feasibility,” stated Paul Chawrun, Chief Operating Officer. “In addition to another high-grade, near-surface discovery, the drill results reported today demonstrate positive continuity, grade, width and extended mineralization in several zones. Based on these results, we remain on track to update the initial resource estimate we published in February 2019(1) and apply for a mine license in the third quarter of this year.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report