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Tuesday, September 19, 2017 9:47:10 AM
HIGHLIGHTS:
Assay results received for 11 out of 15 diamond drill ("DD") holes testing the B Shoot to the north and for the 1,192 metre step out hole located 200 metres to the south of last deep drill fence
Results confirm that the high grade B Shoot ore body extends approximately 50 metres to the north of the current planned stoping area and 200 metres to the south of Wassa Underground's current Inferred Mineral Resources, suggesting the potential to expand production in the short term and longer term
Significant intercepts from the B Shoot North drilling included:
14.9 metres ("m") grading 18.9 grams per tonne ("g/t") of gold ("Au") from 294.0m in hole BS17DD002, including:
2.0m grading 91.8 g/t Au from 300.0m
23.8m grading 7.3 g/t Au from 289.9m in hole BS17DD003, including:
4.0m grading 21.8 g/t Au from 293.0m
Significant intercepts from the B Shoot South drilling included:
23.8m1 grading 6.1 g/t Au from 1,001.0m in hole BS17DD385M, including:
2.0m grading 20.1g/t Au from 1,018.0m
21.7m1 grading 5.3 g/t Au from 1049.3m in hole BS17DD385M
Further drilling results expected from Wassa Underground during the second half of 2017, in addition to the results of the definition and extension drilling at the Prestea Underground Gold Mine ("Prestea Underground")
"I am excited to report these initial results from our Wassa Underground surface drilling program, which confirm that the B Shoot is significantly larger than previous estimates suggested. It is the first time we've invested significantly in exploration for several years, having previously been focused on building our two underground developments, and I'm very pleased that it is reaping such encouraging results. The results represent the potential to increase Wassa Underground's Mineral Resources and Mineral Reserves and consequently, its gold production in the short term and the longer term. I look forward to releasing further results during the rest of the year with the expectation of demonstrating Wassa Underground's potential to be a high grade gold producer beyond the current seven year mine life."
Read more at http://www.stockhouse.com/news/press-releases/2017/09/19/golden-star-extends-high-grade-b-shoot-zone-through-step-out-drilling-at-wassa#3jouuphBKqdXLqRB.99
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