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Vital Metals Ltd.
Summary
| Project: | Kollo | |
|---|---|---|
| Deposit: | Kollo South, Kollo Hill | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 8/31/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 31-8-2017: Vital Metals Ltd. announces an Exploration/Drilling Update report for its Kollo South, Kollo Hill deposit at the Kollo project. Drilling results incl. 4m @ 3.37g/t Au from 40m. Gold explorer Vital Metals Limited (ASX:VML) is pleased to report r | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mark Strizek (Internal) | |
| ABSTRACT: | Gold explorer Vital Metals Limited (ASX:VML) is pleased to report results at its 100%- owned Kollo Gold Project in Burkina Faso, West Africa. Vitals’ Managing Director Mr Mark Strizek said: “Our regional auger program has identified two high value targets to hit once the wet season ends. In addition we see some exciting opportunities to add value from the base metal potential in Burkina Faso.” “Historical exploration has defined multiple Zn-Pb-Cu anomalies over 30 km of lightly explored contact around the Tiebele Dome. Previous drilling only tested depleted oxide zone or shallow mineralisation. The presence of gold mineralisation occurring with or in close proximity to zinc mineralisation has the potential to add further value to any discovery”. In total 723 metres of diamond drilling was completed at Kollo South with a truck mounted diamond drill rig (two diamond holes and two diamond tails). Core drilling has intersected potential ore grade zinc mineralisation with sphalerite mineralisation noted in most of the drill core recovered. The sphalerite is honey coloured and has been observed as disseminated, stringer and occasionally massive style intervals. KDD008 was extended from 167m to 387m (which is the deepest hole drilled at Kollo South) to test for gold mineralisation around 180m below high grade gold intercepts in KRC303. The drill-hole hit the target structure with the core intersecting a number of intensely sheared, altered, highly silicified intervals with abundant sulphides, with zinc mineralisation being dominant. The latest drilling has shown that the geometry of the gold mineralisation is complex and the interplay with zinc mineralised is not fully understood. Further drilling will be required to map out both mineralised systems. | |
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