Burkina Faso – The gold corridor that was identified by Vital Metals lies directly south of Vital Metals’ Kollo gold project in Burkina Faso, at the Kollo SW target area.
To date, a total of 2 091 auger holes have been drilled for 8 177 m. A total of 1 400 holes have been sampled and assayed, which includes the 421 holes which make up this announcement, with assay results from 691 holes pending.
Gold grades of up to 0.42 g/t in a 2.4 km north-easterly trending corridor at the Tangassogo prospect were noted.
The assay results confirmed gold mineralisation of up to 0.2 g/t over a 1 km corridor to the west of a 16 g/t auger sample at the Eastern Boundary Shear (EBS) prospect.
The auger results are similar in tenor to those at the Kollo South discovery, Vital Metals notes.
A programme of infill auger drilling has been planned to test the Tangassogo and EBS prospects with three additional auger rigs being mobilised to the field.
An aggressive programme of regional auger drill testing will also continue given the success of the limited programme to date.
Commenting on the auger results, Vitals Metals MD Mark Strizek says the high grades seen in the auger results are a solid vindication of the company’s exploration model.
“The targets immediately south of the Kollo gold project were inferred from our exploration model as there is no outcrop in the area as it was covered with transported cover at some time. The auger drilling allows us to push through this and effectively sample the bedrock.
“Following the recent capital raising [in which Vital Metals raised $5 million through a heavily oversubscribed share placement in March] we have substantially expanded the auger drilling campaign which will allow us to test these prospective corridors and deliver a series of drill ready targets.”
The Kollo gold project permits are located on the highly prospective Markoye Fault Corridor which also hosts West African Resources’ high grade 2.2 Moz Sanbrado gold project.
Feature image credit: Vital Metals
(Drilling programme at the Kollo gold project in Burkina Faso)