For thousands of other reports visit RSC's Mineral Intellingence Map
Volcanic Gold Mines Inc.
Summary
| Project: | Mandiana | |
|---|---|---|
| Deposit: | Mandiana | |
| Location: | Guinea | |
| Commodities: | Gold | |
| Date: | 7/13/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-7-2017: Volcanic Gold Mines Inc. announces an Exploration/Drilling Update report for its Mandiana deposit at the Mandiana project. Drilling results incl. 68.0m @ 2.01g/t Au from 89m. July 13, 2017 – Vancouver, British Columbia – Volcanic Gold Mines Inc | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Simon Meadows-Smith (Not stated) | |
| ABSTRACT: | July 13, 2017 – Vancouver, British Columbia – Volcanic Gold Mines Inc. (“Volcanic”) (TSXV: VG) is pleased to report initial results of its exploration drilling campaign at its Mandiana Projects in Guinea. To date, a total of almost 3,000m of reverse-circulation (“RC”) and diamond drilling, and over 15,000m of aircore drilling, have been completed at Mandiana and at lands recently optioned from West African Mining Associates SARL (“WAMA”). The program to date results in the expansion of the strike potential of the Yagbelen Resource at Mandiana by approximately 1,000m, and its lateral potential by up to 500m. The program has also demonstrated the efficacy of air-core drilling as an exploration and target definition technique. Results are reported for the initial holes of this program. RC and diamond drilling were completed within, and in the immediate surroundings of the Inferred Mineral Resource (the “Resource”) at Yagbelen, as previously defined by Sovereign Mines of Africa (as announced on November 8, 2016. As well as serving to infill the Resource, the RC and diamond drilling has also allowed Volcanic to gather extremely valuable information on the geological controls on mineralization. Based on work completed to date, gold mineralization is seen to occur preferentially in a series of bedded sandstone units; these units are repeated in all holes, and their characteristics will serve as a key targeting tool in Volcanic’s forthcoming resource drilling program. | |
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