Perseus Gold results in Cote d'Ivoire Syama Belt
[ Perseus Gold trades as PRU in Sydney. FL ]
MineBox.com Article
Perseus Testing Syama Gold
Perth-based gold explorer Perseus Mining Ltd has announced that first pass drilling at Sissingue has been completed and drilling is continuing along strike at Kananono. Perseus is testing a series of gold in soil anomalies over 70km strike of the highly prospective Syama gold belt, which extends from Mali into Ivory Coast.
Perseus commenced drilling on the Sissingue gold in soil anomaly on the Tengrela Project in late November 2005. By 14 January a total of 142 drill holes had been completed for 6360m of drilling. Perseus Managing Director Mark Calderwood said: “Due to the large size of the Sissingue soil anomaly, drill traverses in this initial phase were spaced at an average of 800m. Individual traverses were up to 900m long and drill hole spacings on traverses did not provide complete coverage across strike, but are considered to be sufficient to discover any large zones of mineralization.”
Fire assay results for the first 73 holes have been received. Six holes intercepted potentially significant mineralization, including intercepts of 33m at 11g/t from 8m, 26m at 0.9g/t from 24m, 32m at 0.8g/tfrom 12m, 29m at 0.7g/t from 12m and 8m at 1.3g/t gold from 40m, whilst another 6 holes intercepted mineralization worthy of further exploration. Five of the six strongest intercepts are located over an open 2 km strike centrally located on the southern end of the Sissingue anomaly, where drilling commenced. The host of the mineralization appears to be weakly altered and veined volcaniclastic and argillaceous meta-sediments close to the margin of more competent volcanics or volcaniclastics.
Resolute Mining Ltd and Estruscan Resources Inc have announced a number of high grade gold intercepts at their Tabakoroni prospect in Mali, located 11km north along the Syama shear from Perseus’s high grade drill hole SRB047. The Tabakoroni soil anomaly is located 1.5km from Perseus’s tenement boundary. First pass drilling at Sissingue has been completed and drilling by the Perseus owned drill rig is continuing at Kanakono. Perseus is testing a series of gold in soil anomalies over 70km strike of the highly prospective Syama gold belt, which extends from Mali into Ivory Coast.
Mr Calderwood added that for a first pass drilling program on one of nine regionally significant soil anomalies, these results are considered to be most encouraging and they come on the back of Perseus’s continuing drilling successes at the Tolubay project in the Kyrgyz Republic.
- 26 Jan 2006
