Perseus Mining encounters high grade gold under South Botiksi Extension pit
Perseus Mining (ASX/TSX: PRU) has updated exploration activities at the company’s Central Ashanti Gold Project (CAGP) in Ghana with high grade gold mineralisation encountered.
Drilling along the Botiksi shear zone particularly below the shallow South Botiksi Extension (SBE) pit, previously mined prior to 2001, intercepted gold.
Drill holes NBRC009 and NBRC011 are located in the 1.5km long previously undrilled portion of the shear zone between the SBE and the Nkonya North pits.
Highlights include: 12m @ 6.3 g/t Au from 76m; 22m @ 4.8 g/t Au from 72m; and 24m @ 5.0 from 66m.
Drill samples were assayed by 50g fire assays by Intertek Minerals Limited in Ghana. The true width of intercepts from the current program at the SBE deposit is about 80% of the intercept width.
Mark Calderwood, managing director, commented “the SBE pit was one of 25 shallow pits that were mined on the CAGP mining leases between 1994 and 2001. Perseus has drill tested below 15 pits, leaving a further 10 pits to be tested.”
“In the last two years drilling at CAGP has essentially been focused on infilling and extending the existing resources – the move of one rig to exploration areas has returned early results.”
“We are aiming to complete the next significant resource upgrade for the CAGP in Q3 this year,” said Calderwood.
