HomeGoldPromising potential gold deposit in Mauritania

Promising potential gold deposit in Mauritania

The Guelb Moghrein site,
33km from Shield’s
Tabrinkout gold/copper
prospect in Mauritania
Perth, Australia — MININGREVIEW.COM — 18 May 2009 – Shield Mining Limited – an Africa-focused gold and base metals explorer listed on the Australian Stock Exchange – says latest results from its maiden drilling programme in Mauritania show the potential of another substantial gold deposit in the West African country.

Revealing this in a statement released here, the company confirmed that significant gold intersections had been encountered in the maiden drilling programme at its Tijirit gold project. The drilling results had confirmed the earlier sampling and trenching results by the company that delineated the three drilling targets areas.

“The excellent drilling results show the potential for another gold deposit in the style of the Tasiast gold mine, 35 km to the northwest of Tijirit,” said Shield CEO David Netherway. “We have only tested three of the five prospects on the licence at this stage,” he added.

The company statement went on to say that the programme of 3 275m of RC Drilling had been undertaken over a two week period in April by local contractor, Drillcorp Sahara. A total of 1 638 samples representing 2m intervals had been submitted to SGS Kayes for Au- only analysis. All results had now been received.

The statement added that in general, the drilling had shown that surface calcrete alteration and leaching/bleaching occurred to greater depths (20 – 30m) at Tijirit than at the Tasiast gold mine, where there was minimal calcrete development and leaching of mineralisation near surface. Any further drilling would therefore target the broad mineralised zones outlined in this campaign but at depths below the zone of depletion.