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Vital Metals Ltd.
Summary
| Project: | Kollo | |
|---|---|---|
| Deposit: | Boungou South | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 6/29/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-6-2017: Vital Metals Ltd. announces an Exploration/Drilling Update report for its Boungou South deposit at the Kollo project. Drilling results incl. 8m @ 9.33g/t Au from 56m. Gold explorer Vital Metals Limited (ASX:VML) is pleased to report shallow int | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mark Strizek (Internal) | |
| ABSTRACT: | Gold explorer Vital Metals Limited (ASX:VML) is pleased to report shallow intercepts of high-grade gold mineralisation at its 100% owned Boungou South prospect, part of the Kollo Gold Project in Burkina Faso, West Africa. Vitals’ Managing Director Mr Mark Strizek said: “RC drilling under high grade gold in soil geochemical anomalies has intercepted shallow gold mineralisation at Boungou South (located about 6km south east of Kollo) including BOURC004 hitting 8m @ 9.3 g/t Au from 56m.” “Gold mineralisation has been intersected in a granodiorite body and in greenstones on an intensely sheared contact. This creates a very prospective setting that we see repeated across our Kollo Project and also along the Markoye fault corridor at projects such as West African Resources Sanbrado project.” “We are also pleased to report that African Mining Services (AMS) has started drill testing of the highly prospective Kollo Hill which is around 1km of strike length on the Kollo shear zone between Kollo Central and Kollo North that has never been tested. The RC rig and support truck are track mounted allowing them to continue operations through the pending wet season.” “In addition, diamond drill testing of high grade contact zone mineralisation at Kollo South is ongoing with diamond tails being completed on holes that did not make target depth due to water inflows.” Exploration activities continue in Burkina Faso and the Company will be providing regular updates on drilling progress with the next results expected in July. | |
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