Gold Exploration in West Africa

[FL]

NEW: Canyon Resources (Sydney ASX:CAY) big Burkina hit

www.canyonresources.com.au

[Canyon Resources (ASX: CAY) is focused on the active exploration of the company's projects in Burkina Faso, West Africa, with a goal of identifying economic resources. The company's Taparko North Project is situated in the Yalogo Belt which hosts the 2 million ounce Taparko gold mine and the 1.7 million ounce Inata gold mine.]

10:09 am by John Phillips
Canyon Resources hits broad zones of near surface gold in Burkina Faso

Burkina Faso is really starting to heat up as an exploration hot spot of choice for Australian companies, with Canyon Resources (ASX: CAY) the most recent to make some significant gold hits.

Using reverse circulation drilling, the latest highlight was 20 metres at 4.46 grams per tonne (g/t) gold from 44 metres, which includes the very high grade 4 metres at 19.01g/t gold.

Other results included 8 metres at 4.00g/t gold from 44 metres, 8 metres at 2.42g/t gold from 108 metres, and 8 metres at 2.24g/t gold from 32 metres.

The outcome from the gold hits is the continuity of mineralisation over a 2.5 kilometre strike length, which importantly remains open to both the north and south, and at depth.

Canyon will now initiate substantial follow up drilling programs, aimed at delineating delineate the geometry of the mineralisation, and to gain a better understanding of the structural controls on the gold lodes.


See also:

http://www.proactiveinvestors.com.au/companies/overview/1581/canyon-resources-1581.html