공시 • Aug 23
African Gold Limited Reports Drilling from Drill Program At Blaffo Gueto Prospect At the Didievi Gold Project
African Gold Limited reported on drilling from its recently completed drill program at the Blaffo Gueto prospect at the Didievi Gold Project in Central Côte d'Ivoire. The drilling has delivered some spectacular broad, shallow and high-grade gold intercepts from surface that highlight the strong potential of the Didievi Gold Project. The recent results have confirmed and extended the known areas of mineralisation at the Blaffo Gueto prospect as well as making new shallow high-grade discoveries. The recent drilling program has also generated a plethora of new drill targets within the Blaffo Gueto area, all of which show the potential to add significant gold ounces to the Project. These include the down plunge potential of the new high-grade results as well as the untested previously announced significant wide and high-grade intercepts at the Blaffo Gueto North, South, South-West, Central and East zones. The new drill results complement historical and more recent intercepts completed by the Company, which include a number of shallow broad high-grade intercepts (1,5,6): 10.0m at 123g/t gold from 66m including 2.0m at 613g/t gold (DRC334); 17.4m at 17g/t gold from 244m including 1.0m at 216g/t gold (DDD0029); 83.3m at 3.3g/t gold from 166.9m including 18.0m at 12.0g/t gold (DDD01); 80.0m at 3.0g/t gold from 0m including 23.0m at 9.5g/t gold (DDD013); 37.0m at 7.70g/t gold from 42m including 24.0m at 11.0g/t gold (DRC208); and 27.0m at 4.61g/t gold from 46m including 11.0m at 11.09g/t gold (DRC337) ended in mineralisation and is open at depth and to the north and south. The Didievi Project1 (391km2) is located within the underexplored and emerging Oumé-Fetekro Birimian greenstone belt. The belt hosts Allied Gold's Bonikro/Hire (+3Moz)2 and Endeavor's Agbaou (+1Moz)3 gold mines to the south and the recent +2.9Moz Fetekro discovery4 announced by Endeavour Mining to the north. Previous work at Blaffo Gueto delineated a significant structurally controlled gold system characterised by intense alteration and broad, high-grade gold intercepts. Mineralisation is complex, probably long lived and multi episodic, located in different structural settings and hosted by a variety of lithological units. Gold mineralisation is typically associated with sericite-albite-carbonate-quartz/silica-pyrite-pyrrhotite ±chalcopyrite ±arsenopyrite ±Fe(Ti) oxide alteration assemblages. Host rock comprising argilites, pelites, agglomerates, conglomerates and felsic to intermediate intrusive bodies are typically strongly altered and deformed. The Company completed a 13-hole, 3,578m orientated, diamond drilling program at its Blaffo Gueto Main and South West prospects at its Didievi Gold Project, Côte d'Ivoire. Core was logged, sampled and submitted to Bureau Veritas in Abidjan for analysis. Fire assay results received to date are presented in this announcement. Drill collars have been picked up during a post drilling DGPS survey. In-field specific gravity (air/water weighing) and laboratory based pycnometric density determinations have been made on selected samples. This phase of diamond drilling was designed as an aggressive step-out to known geology and mineralisation, to test geological models and to provide additional information to build a predictive model for Blaffo Gueto. The recent drilling program has provided additional valuable litho-structural information (from hole DDD044) which is an orientated hole drilled in the vicinity of DDD001, which intersected 83.3m at 3.3g/t gold including 18.0m at 12.0g/t gold. An early brittle ductile deformation and alteration event spacially and temporally associated with a low to moderate grade mineralising event (0.1-~2g/t Au) and then in places overprinted by a second overprinting high-grade mineralising event (>2->100g/t Au). It is important to note that, apart from three holes drilled into the north north-eastern strike to Blaffo Gueto Main, none of the other targets in the greater Blaffo Gueto area, being BG North, BG South, BG North, BG SW, BG Central and BG East, were tested during this campaign. Four holes (DDD033, 34, 36 and 38) were drilled towards the south-east over a strike of 400m under Blaffo Gueto Main designed to target previous high-grade intercepts. This set of holes was targeting intercepts depths of between 250m to 300m below surface. Holes intersected deformed, altered and weakly mineralised structures but not the high grades as expected. A single hole, DDD039, drilled to the north-west to test the south western continuity of Blaffo Gueto Main intersected a number of very significant zones including: 13.0m at 1.51g/t gold from 222m (DDD039), including; 3.0m at 5.29g/t gold from 222m. This is an important result as it demonstrates mineralisation continues to the south south-west of Blaffo Gueto Main. Hole DDD044, designed to gain structural information in the vicinity of hole DDD0011 which returned 83.3m at 3.3g/t gold returned a spectacular intercept of: 231.0m at 1.02g/t gold from surface, including: 79.0m at 2.18g/t gold from 152m, which also includes 38.0m at 4.13g/t gold from 165m. This intercept is very important in that in confirms grade and tenure on the broad high-grade interval achieved by DDD001. It has also allowed to gain important structural data relating to the high-grade component of the Blaffo Gueto system. Three holes (DDD032, 36 and 37) were drilled over a strike of approximately 400m at Blaffo Gueto South West. Hole DDD032 failed to intersect expected geology or mineralisation previously intersected in DDD026 (14.0m at 5.93g/t gold from 185.0m) so a scissor hole, DDD043, was drilled. DDD043 returned numerous anomalous intercepts including the down dip projection to zone in DDD026 of: 17.0m at 1.28g/t gold from 206m, including 10.0m at 2.00g/t Au from 260m This result is encouraging in that the intercept is open along strike and down dip. Three holes (DDD040, 41 and 42) were drilled on two traverses 350m and 550m north north-east of the last line of RC drilling at Blaffo Gueto. These three diamond holes only intersected weak deformation and mineralisation and very weak anomalism. It is important to note the last line of drilling at Blaffo Gueto Main, 350m to the SW, returned a number of significant intercepts including DRC330 which returned: 8.0m at 1.78g/t gold from 13m, 1.0m at 16.32g/t gold from 26m and 5.0m at 9.50g/t gold from 43m6.