Ghana – CSE-listed Asante Gold Corporation has completed a preliminary four hole diamond drilling programme at its Betanase concession, revealing attractive gold targets.

Wide intersections of variably altered, quartz veined and pink-orange bleached quartzites with disseminated and fracture controlled pyrite (<1%), magnetite, sericite and minor amounts of tourmaline, chalcopyrite and garnet were noted. This mineralization occurs immediately to the west of a series of gabbroic sills which have intruded into the host Tarkwaiian quartzites.

A total of 562 m were completed on three sections each separated by ~250 m and drilled to test a 750 m long NNE-trending gold in soil geochemical target. The soil target is flanked to the west by elevated IP (induced polarization) responses which were only partially tested by the programme.

Betanase adjoins to the south of the AngloGold Ashanti/Randgold Resources Obuasi mining lease. Assay results will be provided when splitting, sampling and assaying are completed.

Other Top Project stories in Ghana:

Cardinal Resources Namdini project to commence with new drilling plan

Asanko gold project on track to produce 1st gold in Q1, 2016