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Trans-Siberian Gold plc
Summary
| Project: | Asacha | |
|---|---|---|
| Deposit: | Vein 25 North | |
| Location: | Russia | |
| Commodities: | Gold-Silver | |
| Date: | 4/27/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 27-4-2020: Trans-Siberian Gold plc announces an Exploration/Drilling Update report for its Vein 25 North deposit at the Asacha project. Drilling results incl. 1.4m @ 235g/t Au, 133.5g/t Ag from 283.9m. Trans-Siberian Gold plc (TSG.LN), a low cost, high gr | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jacquelin Gauthier (Internal) | |
| ABSTRACT: | Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Kamchatka, Russia, is pleased to provide an exploration update on Vein 25 North (“V25N”), discovered in September 2019 following a successful drilling campaign. V25N is located approximately 400 metres north of Vein 25 within the East Zone of the Company’s operating Asacha Gold Mine. The Company will update its existing geological modelling with the results of the drilling campaign to date, whilst the drilling programme is ongoing with two full-time rigs utilised. During the first quarter of 2020, the Group’s drilling programme has been focused on V25N, which was discovered in September 2019 and has produced very positive drilling results to date. This auriferous zone is now at least twice as large as V25S and extends to within 50 metres of the existing adit that was dug to reach that area. A longitudinal section showing true horizontal widths and gold grade intercepts in both V25S and V25N together with the best drilling results obtained to date from the 2019- 2020 drilling campaign are shown in Figure 1. The vein is sub-vertical dipping 80 to 85 degrees to the East. | |
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