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Vital Metals Ltd.
Summary
| Project: | Bouli | |
|---|---|---|
| Deposit: | Bella Tondi | |
| Location: | Niger | |
| Commodities: | Gold | |
| Date: | 4/10/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-4-2018: Vital Metals Ltd. announces an Exploration/Drilling Update report for its Bella Tondi deposit at the Bouli project. Drilling results incl. 20m @ 5.79g/t Au from 100m . Vital Metals Limited (ASX: VML) is pleased to report it has ident | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mark Strizek (Internal) | |
| ABSTRACT: | Vital Metals Limited (ASX: VML) is pleased to report it has identified further high‐grade gold mineralisation from the latest round of drilling results from its maiden reverse circulation (RC) drill program at the Bella Tondi prospect, part of the Bouli Gold Project in Niger, West Africa. Vital Managing Director Mark Strizek said: “BTRC047 has hit 2m @ 48.4g/t Au in the emerging high grade southern zone at Bella Tondi which now appears to extend for at least 200 metres. This is the third intersection we have reported over an ounce of gold which includes the ultrahigh grade 4m @ 157 g/t Au and 2m @ 36.5g/t Au.” “There was an incredible gold rush at Bella Tondi in 2016 with over 20,000 artisanal miners chasing high grade gold and with the latest drilling result we are starting to understand why they were there. “We have now reported three separate ounceplus intercepts from shallow depths of between 50 and 90 metres below the artisanal workings over a strike length of 200m. The potential of this system at depth looks extremely promising. It is found that with this style of gold mineralisation the greatest continuity tends to be vertical. “The next step is simple – drill deeper and along strike to test the depth and strike potential of these high‐grade shoots.” | |
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