Bassari (Sydney:BSR): More gold in Senegal
Friday, June 11, 2010
Bassari Resources extends gold zone at Makabingui Prospect
Bassari Resources (ASX: BSR) has reported that drilling at its new West African gold discovery in Senegal, the Makabingui Prospect, is progressing well with definition of a coherent higher grade lode system in the eastern part of the prospect area.
Results for hole RCS088 on line 99600N include 7 metres at 4.7 g/t Au from 74 metres, confirming the strike extent of Zone 1 exceeds 600 metres.
The program to date confirms a large gold mineralised system over an area of some 800 x 1,400 metres (not closed off and open at depth).
Six well defined zones of gold mineralisation have been outlined by initial RAB and wide spaced (200 metre lines) RC drilling.
The zones range in size from some 5 metres width and 300 metres strike to over 125 metres width and 800 metres strike. To date Bassari has drilled infill lines at 100 metre spacing on the most eastern zone (Zone 1).
This geological setting is considered conducive to a large tonneage gold and possibly gold/copper deposit.
Bassari said it is reviewing all options to accelerate drilling at Makabingui with additional drill rig options becoming available more recently.
