Announcement • Jun 17
Sylla Gold Completes Preliminary Geological Modeling at its Niaouleni Gold Project Confirming Geological Continuity Across 4.2 Kilometre Gold Corridor in Mali
Sylla Gold Corp. announced the completion of a preliminary geological model covering four gold prospects known as Niaouleni South, Libre Plateau, Kankou Moussa and Goingoindougou, within the Company’s 9,200 hectare Deguefarakole permit area at its 17,200 hectare Niaouleni Gold Project, located in southwestern Mali within the emerging Niaouleni-Sanankoro-Kobada Gold Corridor. The modelling exercise was completed by Geo-Training Mali SARL of Bamako, an independent Malian geological consulting firm, and integrated all available drilling data on the Deguefarakole permit, including the Company’s reverse circulation (RC) and air-core (AC) drilling campaigns combined with historical drilling completed by previous operators. Three-dimensional (3D) wireframe models of the mineralized zones were constructed using GEOVIA Surpac from sectional interpretation of the drilling data, and weathering surfaces (laterite, saprolite, transitional and fresh rock) were modelled to provide the geological framework for future exploration targeting and drill hole planning. The mineralized zones at the Niaouleni South, Libre Plateau, and Kankou Moussa prospects occur within the same regional shear corridor that hosts Toubani Resources’ Kobada gold deposit, located approximately 6 km north along strike. These three prospects exhibit a consistent NNE orientation typical of second-phase deformation within the Birimian terrane. Subject to additional RC and/or diamond drilling and improved drill hole spacing, the three prospects may ultimately be connected and modelled as a single continuous mineralized system extending over more than 4 km of strike length. The Goingoindougou prospect to the southeast is interpreted as a separate mineralized body lying parallel to the main mineralized trend, where the interpreted mineralization exhibits good continuity warranting follow-up infill drilling. The study validates Sylla's long-held geological interpretation that the Niaouleni Project is part of a significantly larger mineralized system than previously recognized and highlights the substantial opportunity to rapidly add ounces through systematic drilling both along strike and at depth. The mineralized corridor outlined in the study projects directly into the Company's Niaouleni West permit which the Company believes to be the largest gold-in-soil geochemical anomaly in the region. The Niaouleni West target remains completely undrilled and represents one of the highest-priority exploration opportunities within the Company's land package. The geological modelling exercise described in this news release is preliminary in nature and was undertaken solely to guide exploration targeting and drill planning. It does not constitute, and should not be construed as, a mineral resource estimate prepared in accordance with the CIM Definition Standards for Mineral Resources and Mineral Reserves or National Instrument 43-101 – Standards of Disclosure for Mineral Projects. The Company is not disclosing, and has not established, any estimate of mineral resources or mineral reserves on the Niaouleni Gold Project. Sufficient exploration, data verification, and quality assurance and quality control (QA/QC) work has not yet been completed or verified by a Qualified Person (QP) to support the estimation of a mineral resource, and it is uncertain whether further exploration and drilling will result in the delineation of a mineral resource. The drill hole database used in the modelling exercise, comprising collar, downhole survey, lithology, weathering and assay data, was compiled and validated by Geo-Training Mali SARL prior to use. The QP has reviewed the compiled database and the modelling methodology and procedures applied. Verification of historical drilling data completed by previous operators is ongoing, and such data has not yet been fully verified by the QP. This represents a limitation on the reliability of the data underlying portions of the geological interpretation. The planned exploration and drilling programs described above include data verification, topographic survey, QA/QC, and density work designed to address these limitations. References in this news release to the Kobada gold deposit, owned by Toubani Resources Inc., and to other properties in the region are provided for geological context only. The Company has no interest in these properties, and mineralization hosted on adjacent properties is not necessarily indicative of mineralization hosted on the Company’s properties. All scientific and technical information contained in this news release was reviewed and approved by Gregory Isenor, P.Geo., Director of Sylla Gold Corp., who is a Qualified Person as defined in NI 43-101.
