African Gold Corp (AGG)

[canucklehead80]

African Gold President Mike Nikiforuk on Mali assays of 1.02 g/t gold over 52m

African Gold Group Inc TSXV:AGG announced results from its Kobada Gold Project in Mali. Highlights include 1.02 g/t gold over 52 metres (including 10.14 g/t over 1 metre), 3.08 g/t over 14 metres (including 25.44 g/t over 1 metre), 0.77 g/t over 47 metres, 1.56 g/t over 24 metres (including 17.52 g/t over 1 metre), 0.9 g/t over 35 metres and 6.99 g/t over 3 metres (including 19.08 g/t over 1 metre).

President/Director Mike Nikiforuk tells ResourceClips.com, “We think the news is most encouraging. The simple fact of the matter is, as we compile and analyze the results, we are seeing a corridor evolve that is approximately 100-linear metres in width. Our program is focused entirely on the oxide profile which averages 100-vertical metres from surface, and you can see that several of these holes have ended in mineralization, so our depth potential remains open. To move 600 metres and be in mineralization is most encouraging. As we move south and north along strike the object of the exercise is to ultimately expand the extent of mineralization which would impact on the extent of tonnage and therefore ounces.

Read the rest of the interview: http://bit.ly/mY24Gr.