B2Gold Corp. press release
Perseus Mining Limited - Exploration Update - Significant Drill Intercepts
TSX - Toronto Stock Exchange · Gold · Canada
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
PERTH, Western Australia, Jan. 16, 2012 /CNW/ - Perseus Mining Limited ("Perseus" or the "Company") (TSX & ASX: PRU)is pleased to provide an exploration update from its West African gold projects.
Highlights
Infill and deeper drilling at Fetish at the Edikan Gold Mine ("EGM") in Ghana returned significant results, including:
| EFDD110 | | - | | 24m at 9.0g/t from 141m and 18m at 1.2g/t Au from 216m. | | EFDD111 | | - | | 20.8m at 1.4g/t from 27.7m, 24m at 1.5g/t from 72m, 12m at 1.2g/tfrom 178m and 34m at 4.0g/t Aufrom 211m. | | EFDD124 | | - | | 5m at 26.2g/t from 118m, 14m at 1.4g/t from 427m and 29m at 2.2g/t Au from 448m. | | EFDD119 | | - | | 1m at 27.9g/tfrom 158m, 9m at 4.0g/tfrom 178m, 11m at 2.4g/tfrom 294m, 13m at 1.8g/tfrom 331m, 1m at 10.1g/t, 1m at 62.0g/tAu from 372m. | | EFRDD104 | | - | | 1.5m at 14.3g/tfrom 49.5m, 16m at 2.3g/t from 70m, 13m at 2.7g/tfrom 99m and 8m at 6.9g/t Aufrom 320m. |
Other intercepts at Fetish included 1m at 211g/t Aufrom 121m in EFRDD033 and 16m at 4.0g/t Aufrom 77m in EFRDD034
Infill drilling and deeper drilling at Esuajah North at EGM returned significant results, including:
| ENDD082 | | - | | 1m at 11.7g/tfrom 73m, 6m at 1.8g/t from 107m, 3m at 66.7g/tAu from 128m, 7m at 2.1g/t 143m and 19m at 3.7g/tAu from 158m. | | ENDD071 | | - | | 38m at 1.3g/t from 28m, 6m at 1.7g/t from 86m, 16m at 5.7g/t from 119m, 18m at 1.0g/t from 145m and 16.8m at 1.1g/t Au from 206m, ended in mineralisation. | | ENDD095 | | - | | 20m at 4.2g/tfrom 35m, 12m at 1.8g/t from 59m and 13m at 6.2g/t Au from 82m. | | ENDD096 | | - | | 13.5m at 1.4g/t from 50.5m, 14m at 1.2g/t from 73m and 68m at 2.1g/tAu from 137m. | | ENDD076 | | - | | 9m at 1.8g/t from 40m, 20m at 4.5g/tfrom 62m, 16m at 1.1g/t from 96m and 8m at 1.8g/t Au from 143m. | | ENRDD033 | | - | | 13m at 1.7g/t from 238m,4m at 18.4g/t from 264m,6m at 7.0g/t from 281m, 42m at 1.5g/tfrom 295m, 25m at 1.8g/tfrom 343m and 10m at 2.7g/tAu from 374m. |
Other intercepts at Esuajah North included 9m at 5.6g/t Auin ENDD084, 33m at 2.0g/t Au in ENRC012, 18m at 3.0g/t Auin ENRDD032 and 50m at 1.8g/tAuin ENDD077
Infill drilling at Chirawewa and Bokitsi at EGM returned significant results, including:
| CHDD032 | | - | | 16m at 4.8g/t from 76.3m, 10.5m at 1.9g/tfrom 56.5m, 7m at 5.7g/tfrom 176m, 14m at 1.9g/tfrom 189m and 8.5m at 5.5g/tAu from 211.5m. | | BKDD041 | | - | | 5m at 27.1g/t Aufrom 74m including 2m at 64g/tfrom 75m. | | BKDD042 | | - | | 11m at 7.6g/t Au from 82m. |
Refer to Table 1 for details of the intercepts
Perseus Managing Director, Mark Calderwood's Comments
"An impressive set of results highlighting the potential at Edikan for not only large tonnage but areas of high grade".
"With samples for 632 drill holes still pending we will be in for a steady flow of results during 2012."
"2012 should be a busy year for Resource and Reserve estimates, starting with the planned March upgrade to Edikan Resources and Reserves followed by a Resource upgrade at our Côte d'Ivoire project planned for June."
Edikan Gold Mine, Ghana
The Company completed 11,809m of drilling on the Edikan Gold Mine and Dunkwa licence during December. While there has been an improvement on assay turnaround times, there are still assays pending for 5,620 samples from 145 drill holes. A large number of significant drill hole intercepts have been reported since the cut off date for the resource estimate announced on December 22 2011. These are contained in Tables 1 and 2 below. Holes which were not included in the recent resource estimate will be included in future estimates starting with Esuajah North in March 2012.
Tengrela Gold Project, Côte d'Ivoire
The Company completed 16,758m of drilling on various prospects on the Tengrela Gold Project during December. However, assay turnaround was poor, and currently assays are pending for 15,673 samples from 487 drillholes.From the limited number of holes where results were received several anomalous exploration intercepts were recorded, including 16m at 2.1g/t from 44m and 4m at 5.5g/t Au from surface in the proposed waste dump and ROM pad area, and 8m at 4.0g/t from 40m at Kanakono. Details are included in Table 3.
Mark Calderwood Managing Director
About Perseus Mining Limited
Perseus Mining Limited (ASX/TSX: PRU) has forged a reputation as one of West Africa's most successful gold explorers focused on under-explored gold belts in West Africa. Perseus recently became a producer at its Edikan Gold Mine in Ghana. Details of the project and mine plan are set out in the technical report entitled "Technical Report - Central Ashanti Gold Project, Ghana" dated May 30, 2011.
Perseus is now also planning the development of its Sissingue Gold Project, part of the Tengrela Gold Project in Côte d'Ivoire, with production targeted for 2013. Tengrela has the potential to become a significant contributor to the Company's goal to develop into a 400,000 ounce per annum gold producer during 2013. Details of the project are set out within "Technical Report - Tengrela Gold Project, Ivory Coast" dated December 22, 2010."
Perseus will continue its strategy of rapidly increasing its resource and reserve base during the ramp-up of the Edikan Gold Mine and development of the Sissingue Gold Project.
Table 1: CAGP, Ghana, Recent Infill and Extensional Drilling
| | | | | | | | | | | | | | | | | | | | | | | | Hole | | Deposit | | East (m) | | North (m) | | Depth (m) | | Azm. (°) | | Incl. (°) | | | From (m) | | To (m) | | Width (m) | | Au g/t | | ABRDD443 | | AF Gap | | 26320 | | 13950 | | 445 | | 180 | | -61 | | | 413 | | 414 | | 1 | | 15.9 | | | | | | | | | | | | | | | | | 421 | | 437 | | 16 | | 3.1 | | | | | | | | | | | | | | incl. | | | 427 | | 428 | | 1 | | 31.6 | | FBDD130 | | Fobinso | | 27140 | | 14102 | | 264.7 | | 180 | | -50 | | | 197 | | 224 | | 27 | | 1.6 | | | | | | | | | | | | | | incl. | | | 217 | | 218 | | 1 | | 22.3 | | FBDD131 | | Fobinso | | 27140 | | 14103 | | 270 | | 180 | | -55 | | | 213 | | 250 | | 37 | | 1.8 | | | | | | | | | | | | | | incl. | | | 224 | | 225 | | 1 | | 18.6 | | FBDD132 | | Fobinso | | 27140 | | 14104 | | 276 | | 180 | | -61 | | | 216 | | 245 | | 29 | | 2.8 | | | | | | | | | | | | | | incl. | | | 222 | | 223 | | 1 | | 28.4 | | FBDD135 | | Fobinso | | 27442 | | 14054 | | 228.7 | | 180 | | -61 | | | 84 | | 146 | | 62 | | 1.4 | | | | | | | | | | | | | | incl. | | | 103 | | 104 | | 1 | | 12.6 | | | | | | | | | | | | | | | | | 155 | | 168 | | 13 | | 1.1 | | | | | | | | | | | | | | | | | 173 | | 201 | | 28 | | 2.1 | | | | | | | | | | | | | | incl. | | | 197 | | 198 | | 1 | | 30.7 | | EFDD104 | | Fetish | | 3383 | | 5340 | | 410 | | 270 | | -48 | | | 49.5 | | 51 | | 1.5 | | 14.3 | | | | | | | | | | | | | | | | | 70 | | 86 | | 16 | | 2.3 | | | | | | | | | | | | | | incl. | | | 77 | | 78 | | 1 | | 15.4 | | | | | | | | | | | | | | | | | 99 | | 112 | | 13 | | 2.7 | | | | | | | | | | | | | | | | | 320 | | 328 | | 8 | | 6.9 | | | | | | | | | | | | | | incl. | | | 325 | | 326 | | 1 | | 31.1 | | EFDD110 | | Fetish | | 3136 | | 5200 | | 331.5 | | 90 | | -60 | | | 141 | | 165 | | 24 | | 9.0 | | | | | | | | | | | | | | incl. | | | 142 | | 148 | | 6 | | 16.2 | | | | | | | | | | | | | | incl. | | | 147 | | 148 | | 1 | | 50.0 | | | | | | | | | | | | | | and | | | 157.5 | | 159 | | 1.5 | | 13.3 | | | | | | | | | | | | | | and | | | 161 | | 163 | | 2 | | 15.3 | | | | | | | | | | | | | | | | | 216 | | 234 | | 18 | | 1.2 | | EFDD111 | | Fetish | | 3399 | | 5240 | | 273.5 | | 270 | | -48 | | | 27.68 | | 48.5 | | 20.8 | | 1.4 | | | | | | | | | | | | | | | | | 72 | | 96 | | 24 | | 1.5 | | | | | | | | | | | | | | | | | 178 | | 190 | | 12 | | 1.2 | | | | | | | | | | | | | | | | | 211 | | 245 | | 34 | | 4.0 | | | | | | | | | | | | | | incl. | | | 218 | | 223 | | 5 | | 11.3 | | | | | | | | | | | | | | and | | | 238 | | 239 | | 1 | | 13.3 | | EFDD114 | | Fetish | | 3400 | | 5400 | | 218.5 | | 270 | | -50 | | | 110 | | 119 | | 9 | | 1.6 | | | | | | | | | | | | | | | | | 127 | | 138 | | 11 | | 1.0 | | | | | | | | | | | | | | | | | 159 | | 163 | | 4 | | 4.7 | | | | | | | | | | | | | | incl. | | | 160 | | 161 | | 1 | | 12.9 | | EFDD117 | | Fetish | | 3364 | | 5140 | | 211 | | 270 | | -44 | | | 8.5 | | 32.5 | | 24 | | 1.0 | | | | | | | | | | | | | | | | | 50.5 | | 67 | | 16.5 | | 1.3 | | | | | | | | | | | | | | | | | 77 | | 85 | | 8 | | 2.1 | | | | | | | | | | | | | | | | | 108 | | 109 | | 1 | | 14.9 | | | | | | | | | | | | | | | | | 153 | | 167 | | 14 | | 1.0 | | EFDD119 | | Fetish | | 3517 | | 5238 | | 401.6 | | 270 | | -50 | | | 158 | | 159 | | 1 | | 27.9 | | | | | | | | | | | | | | | | | 178 | | 187 | | 9 | | 4.0 | | | | | | | | | | | | | | incl. | | | 182 | | 183 | | 1 | | 18.6 | | | | | | | | | | | | | | | | | 294 | | 305 | | 11 | | 2.4 | | | | | | | | | | | | | | | | | 331 | | 344 | | 13 | | 1.8 | | | | | | | | | | | | | | | | | 360 | | 361 | | 1 | | 10.1 | | | | | | | | | | | | | | | | | 372 | | 373 | | 1 | | 62.0 | | EFDD124 | | Fetish | | 3115 | | 5080 | | 160 | | 270 | | -83 | | | 118 | | 123 | | 5 | | 26.2 | | | | | | | | | | | | | | incl. | | | 119 | | 121 | | 2 | | 60.1 | | | | | | | | | | | | | | | | | 427 | | 441 | | 14 | | 1.4 | | | | | | | | | | | | | | | | | 448 | | 477 | | 29 | | 2.2 | | | | | | | | | | | | | | incl. | | | 464 | | 466 | | 2 | | 11.3 | | EFRDD033 | | Fetish | | 3125 | | 5100 | | 145.1 | | 270 | | -70 | | | 103 | | 108 | | 5 | | 2.3 | | | | | | | | | | | | | | | | | 121 | | 122 | | 1 | | 211.0 | | EFRDD034 | | Fetish | | 3123 | | 5100 | | 125.1 | | 270 | | -50 | | | 77 | | 93 | | 16 | | 4.0 | | | | | | | | | | | | | | incl. | | | 82 | | 83 | | 1 | | 11.3 | | EFRDD035 | | Fetish | | 3127 | | 5140 | | 115 | | 270 | | -55 | | | 82 | | 89 | | 7 | | 7.2 | | | | | | | | | | | | | | incl. | | | 83 | | 84 | | 1 | | 18.6 | | EFRDD041 | | Fetish | | 3128 | | 5180 | | 246 | | 90 | | -56 | | | 181 | | 205 | | 24 | | 1.3 | | | | | | | | | | | | | | | | | 211 | | 226 | | 15 | | 1.3 | | ENDD059 | | Esuajah N | | 2170 | | 7220 | | 375.58 | | 90 | | -57 | | | 239 | | 263 | | 24 | | 1.8 | | | | | | | | | | | | | | incl. | | | 261 | | 262 | | 1 | | 13.7 | | | | | | | | | | | | | | | | | 275 | | 276 | | 1 | | 19.1 | | | | | | | | | | | | | | | | | 336 | | 348 | | 12 | | 1.8 | | | | | | | | | | | | | | | | | 354 | | 371 | | 17 | | 1.0 | | ENDD068 | | Esuajah N | | 2270 | | 7379 | | 212 | | 90 | | -56 | | | 131 | | 142 | | 11 | | 1.8 | | | | | | | | | | | | | | incl. | | | 133 | | 134 | | 1 | | 10.3 | | | | | | | | | | | | | | | | | 181 | | 206 | | 25 | | 1.2 | | ENDD071 | | Esuajah N | | 2490 | | 7161 | | 222.8 | | 270 | | -60 | | | 28 | | 66 | | 38 | | 1.3 | | | | | | | | | | | | | | | | | 86 | | 92 | | 6 | | 1.7 | | | | | | | | | | | | | | | | | 119 | | 135 | | 16 | | 5.7 | | | | | | | | | | | | | | incl. | | | 126 | | 127 | | 1 | | 35.0 | | | | | | | | | | | | | | and | | | 133 | | 134 | | 1 | | 24.2 | | | | | | | | | | | | | | | | | 145 | | 163 | | 18 | | 1.0 | | | | | | | | | | | | | | | | | 206 | | 222.8* | | 16.8 | | 1.1 | | ENDD073 | | Esuajah N | | 2409 | | 7160 | | 118 | | 270 | | -61 | | | 59 | | 85 | | 26 | | 1.2 | | | | | | | | | | | | | | | | | 97 | | 118* | | 21 | | 2.2 | | | | | | | | | | | | | | incl. | | | 117 | | _118*_ | | 1 | | 13.2 | | ENDD074 | | Esuajah N | | 2390 | | 7199 | | 126 | | 90 | | -55 | | | 7.5 | | 22 | | 14.5 | | 1.7 | | | | | | | | | | | | | | | | | 76 | | 95 | | 19 | | 1.0 | | | | | | | | | | | | | | | | | 104 | | 112 | | 8 | | 1.4 | | ENDD075 | | Esuajah N | | 2470 | | 7160 | | 165 | | 270 | | -60 | | | 35 | | 54 | | 19 | | 1.9 | | | | | | | | | | | | | | incl. | | | 40 | | 41 | | 1 | | 22.8 | | | | | | | | | | | | | | | | | 139 | | 159 | | 20 | | 1.2 | | ENDD076 | | Esuajah N | | 2335 | | 7170 | | 170 | | 90 | | -55 | | | 40 | | 49 | | 9 | | 1.8 | | | | | | | | | | | | | | incl. | | | 40 | | 41 | | 1 | | 11.3 | | | | | | | | | | | | | | | | | 62 | | 82 | | 20 | | 4.5 | | | | | | | | | | | | | | incl. | | | 78 | | 79 | | 1 | | 74.0 | | | | | | | | | | | | | | | | | 96 | | 112 | | 16 | | 1.1 | | | | | | | | | | | | | | | | | 143 | | 151 | | 8 | | 1.8 | | ENDD077 | | Esuajah N | | 2385 | | 7170 | | 166 | | 90 | | -55 | | | 40 | | 74 | | 34 | | 1.4 | | | | | | | | | | | | | | | | | 83 | | 97 | | 14 | | 1.1 | | | | | | | | | | | | | | | | | 112 | | 162 | | 50 | | 1.8 | | ENDD078 | | Esuajah N | | 2450 | | 7160 | | 146 | | 270 | | -60 | | | 42 | | 59 | | 17 | | 2.1 | | | | | | | | | | | | | | | | | 80 | | 98 | | 18 | | 1.7 | | | | | | | | | | | | | | | | | 103 | | 108 | | 5 | | 5.9 | | | | | | | | | | | | | | incl. | | | 105 | | 106 | | 1 | | 26.3 | | ENDD079 | | Esuajah N | | 2355 | | 7169 | | 206 | | 90 | | -55 | | | 10.5 | | 46 | | 35.5 | | 1.2 | | | | | | | | | | | | | | | | | 129 | | 153 | | 24 | | 1.0 | | | | | | | | | | | | | | | | | 186 | | 202 | | 16 | | 1.0 | | ENDD082 | | Esuajah N | | 2296 | | 7400 | | 194.7 | | 90 | | -55 | | | 73 | | 74 | | 1 | | 11.7 | | | | | | | | | | | | | | | | | 107 | | 113 | | 6 | | 1.8 | | | | | | | | | | | | | | | | | 128 | | 131 | | 3 | | 66.7 | | | | | | | | | | | | | | incl. | | | 129 | | 130 | | 1 | | 102.0 | | | | | | | | | | | | | | | | | 143 | | 150 | | 7 | | 2.1 | | | | | | | | | | | | | | | | | 158 | | 177 | | 19 | | 3.7 | | | | | | | | | | | | | | incl. | | | 166 | | 168 | | 2 | | 17.1 | | ENDD083 | | Esuajah N | | 2345 | | 7170 | | 126 | | 90 | | -55 | | | 62 | | 91 | | 29 | | 1.1 | | | | | | | | | | | | | | | | | 97 | | 108 | | 11 | | 1.6 | | ENDD084 | | Esuajah N | | 2331 | | 7180 | | 170 | | 90 | | -55 | | | 56 | | 91 | | 35 | | 1.0 | | | | | | | | | | | | | | | | | 108 | | 123 | | 15 | | 1.3 | | | | | | | | | | | | | | | | | 152 | | 161 | | 9 | | 5.6 | | | | | | | | | | | | | | incl. | | | 158 | | 159 | | 1 | | 38.4 | | ENDD086 | | Esuajah N | | 2405 | | 7170 | | 126 | | 90 | | -55 | | | 11 | | 18.5 | | 7.5 | | 4.0 | | | | | | | | | | | | | | | | | 51 | | 76 | | 25 | | 1.1 | | | | | | | | | | | | | | | | | 107 | | 126* | | 19 | | 2.5 | | ENDD087 | | Esuajah N | | 2340 | | 7180 | | 125 | | 90 | | -55 | | | 59 | | 92 | | 33 | | 1.4 | | | | | | | | | | | | | | | | | 105 | | 118 | | 13 | | 1.0 | | ENDD091 | | Esuajah N | | 2364 | | 7170 | | 126 | | 90 | | -54 | | | 22 | | 34 | | 12 | | 2.6 | | | | | | | | | | | | | | incl. | | | 30 | | 31 | | 1 | | 10.2 | | | | | | | | | | | | | | | | | 66 | | 84 | | 18 | | 1.0 | | | | | | | | | | | | | | | | | 89 | | 104 | | 15 | | 2.0 | | | | | | | | | | | | | | incl. | | | 103 | | 104 | | 1 | | 15.5 | | ENDD095 | | Esuajah N | | 2425 | | 7170 | | 110 | | 90 | | -54 | | | 35 | | 55 | | 20 | | 4.2 | | | | | | | | | | | | | | incl. | | | 36 | | 37 | | 1 | | 21.4 | | | | | | | | | | | | | | and | | | 48 | | 50 | | 2 | | 20.7 | | | | | | | | | | | | | | | | | 59 | | 71 | | 12 | | 1.8 | | | | | | | | | | | | | | | | | 82 | | 95 | | 13 | | 6.2 | | | | | | | | | | | | | | incl. | | | 89 | | 91 | | 2 | | 34.2 | | | | | | | | | | | | | | incl. | | | 89 | | 90 | | 1 | | 58.0 | | ENDD096 | | Esuajah N | | 2337 | | 7080 | | 209.5 | | 90 | | -55 | | | 50.5 | | 64 | | 13.5 | | 1.4 | | | | | | | | | | | | | | | | | 73 | | 87 | | 14 | | 1.2 | | | | | | | | | | | | | | | | | 137 | | 205 | | 68 | | 2.1 | | | | | | | | | | | | | | incl. | | | 138 | | 139 | | 1 | | 17.4 | | | | | | | | | | | | | | and | | | 178 | | 179 | | 1 | | 13.4 | | ENDD098 | | Esuajah N | | 2296 | | 7360 | | 204 | | 90 | | -58 | | | 64 | | 75 | | 11 | | 2.0 | | | | | | | | | | | | | | incl. | | | 64 | | 65 | | 1 | | 10.4 | | | | | | | | | | | | | | | | | 144 | | 161 | | 17 | | 1.0 | | | | | | | | | | | | | | | | | 171 | | 176 | | 5 | | 2.3 | | ENDD102 | | Esuajah N | | 2130 | | 7400 | | 325.18 | | 90 | | -55 | | | 247 | | 277 | | 30 | | 1.5 | | ENRC012 | | Esuajah N | | 2390 | | 7300 | | 85 | | 90 | | -55 | | | 6 | | 39 | | 33 | | 2.0 | | | | | | | | | | | | | | incl. | | | 7 | | 8 | | 1 | | 15.9 | | | | | | | | | | | | | | and | | | 29 | | 30 | | 1 | | 19.9 | | ENRDD016 | | Esuajah N | | 2281 | | 7420 | | 153 | | 90 | | -55 | | | 74 | | 83 | | 9 | | 1.8 | | | | | | | | | | | | | | | | | 122 | | 144 | | 22 | | 1.4 | | ENRDD022 | | Esuajah N | | 2075 | | 7160 | | 495 | | 90 | | -60 | | | 428 | | 442 | | 14 | | 2.7 | | | | | | | | | | | | | | incl. | | | 432 | | 433 | | 1 | | 28.9 | | | | | | | | | | | | | | | | | 458 | | 487 | | 29 | | 1.0 | | ENRDD023 | | Esuajah N | | 2124 | | 7180 | | 429.5 | | 90 | | -60 | | | 313 | | 341 | | 28 | | 1.6 | | | | | | | | | | | | | | incl. | | | 313 | | 314 | | 1 | | 15.0 | | | | | | | | | | | | | | and | | | 340 | | 341 | | 1 | | 11.9 | | | | | | | | | | | | | | | | | 396 | | 414 | | 18 | | 1. | | ENRDD024 | | Esuajah N | | 2428 | | 7160 | | 132 | | 270 | | -61 | | | 72 | | 100 | | 28 | | 2.4 | | | | | | | | | | | | | | incl. | | | 77 | | 78 | | 1 | | 11.0 | | | | | | | | | | | | | | and | | | 87 | | 88 | | 1 | | 15.7 | | ENRDD026 | | Esuajah N | | 2120 | | 7160 | | 459.2 | | 90 | | -60 | | | 336 | | 337 | | 1 | | 36.0 | | | | | | | | | | | | | | | | | 371 | | 380 | | 9 | | 1.5 | | | | | | | | | | | | | | | | | 400 | | 415 | | 15 | | 1.0 | | | | | | | | | | | | | | | | | 435 | | 448 | | 13 | | 1.0 | | ENRDD027 | | Esuajah N | | 2185 | | 7100 | | 372.4 | | 90 | | -57 | | | 140 | | 149 | | 9 | | 1.6 | | | | | | | | | | | | | | | | | 159 | | 182 | | 23 | | 1.0 | | | | | | | | | | | | | | | | | 251 | | 258 | | 7 | | 3.2 | | | | | | | | | | | | | | incl. | | | 255 | | 256 | | 1 | | 14.1 | | ENRDD032 | | Esuajah N | | 2185 | | 7100 | | 372.4 | | 90 | | -55 | | | 223 | | 239 | | 16 | | 1.1 | | | | | | | | | | | | | | | | | 263 | | 281 | | 18 | | 3.0 | | | | | | | | | | | | | | incl. | | | 274 | | 275 | | 1 | | 38.8 | | | | | | | | | | | | | | | | | 356 | | 357 | | 1 | | 20.1 | | ENRDD033 | | Esuajah N | | 2152 | | 7240 | | 402 | | 88 | | -61 | | | 238 | | 251 | | 13 | | 1.7 | | | | | | | | | | | | | | | | | 264 | | 268 | | 4 | | 18.4 | | | | | | | | | | | | | | incl. | | | 265 | | 267 | | 2 | | 34.6 | | | | | | | | | | | | | | | | | 281 | | 287 | | 6 | | 7.0 | | | | | | | | | | | | | | incl. | | | 284 | | 286 | | 2 | | 13.6 | | | | | | | | | | | | | | | | | 295 | | 337 | | 42 | | 1.5 | | | | | | | | | | | | | | incl. | | | 323 | | 324 | | 1 | | 30.3 | | | | | | | | | | | | | | | | | 343 | | 368 | | 25 | | 1.8 | | | | | | | | | | | | | | incl. | | | 347 | | 348 | | 1 | | 23.0 | | | | | | | | | | | | | | | | | 374 | | 384 | | 10 | | 2.7 | | ENRDD038 | | Esuajah N | | 2136 | | 7339 | | 384.5 | | 90 | | -57 | | | 350 | | 375 | | 25 | | 2.0 | | | | | | | | | | | | | | incl. | | | 366 | | 367 | | 1 | | 16.2 | | BKRDD041 | | Bokitsi S | | 2780 | | 4300 | | 135 | | 270 | | -55 | | | 74 | | 79 | | 5 | | 27.1 | | | | | | | | | | | | | | incl. | | | 75 | | 77 | | 2 | | 64.0 | | BKRDD042 | | Bokitsi S | | 2789 | | 4340 | | 116.5 | | 270 | | -55 | | | 82 | | 93 | | 11 | | 7.6 | | | | | | | | | | | | | | incl. | | | 82 | | 84 | | 2 | | 11.3 | | | | | | | | | | | | | | and | | | 91 | | 92 | | 1 | | 16.1 | | BKRDD044 | | Bokitsi S | | 2820 | | 4380 | | 125.12 | | 270 | | -55 | | | 84 | | 92 | | 8 | | 3.4 | | | | | | | | | | | | | | | | | 110 | | 113 | | 3 | | 4.9 | | CHDD032 | | Chirawewa | | 4001 | | 4460 | | 226.5 | | 90 | | -55 | | | 0 | | 16 | | 16 | | 4.8 | | | | | | | | | | | | | | incl. | | | 7 | | 8.5 | | 1.5 | | 16.9 | | | | | | | | | | | | | | | | | 56.5 | | 67 | | 10.5 | | 1.9 | | | | | | | | | | | | | | | | | 176 | | 183 | | 7 | | 5.7 | | | | | | | | | | | | | | incl. | | | 178 | | 179 | | 1 | | 22.3 | | | | | | | | | | | | | | | | | 189 | | 203 | | 14 | | 1.9 | | | | | | | | | | | | | | | | | 211.5 | | 220 | | 8.5 | | 5.5 | | | | | | | | | | | | | | incl. | | | 217 | | 218 | | 1 | | 12.3 | | CHDD035 | | Chirawewa | | 3994 | | 4480 | | 196 | | 90 | | -55 | | | 91 | | 113 | | 22 | | 1.0 | | | | | | | | | | | | | | | | | 119 | | 122 | | 3 | | 7.4 | | | | | | | | | | | | | | incl. | | | 120 | | 121 | | 1 | | 16.7 |
Notes
| 1) | Most holes were core drilled through the mineralised zone. | | 2) | Core holes sampled at 1m intervals or less to geological contacts. | | 3) | Oxide samples or low sulphur fresh rock samples analysed using 50grm fire assays by independent laboratory, Intertek Minerals Limited in Ghana. | | 4) | High sulphide content samples analysed using 25gram fire assays by Intertek Minerals Limited in Ghana. | | 5) | RC precollar through hanging wall was sampled at 1m intervals and composited to 4m and analysed by 50gm fire assay by ALS Ghana Limited in Ghana. | | 6) | Only holes with combined intercepts of greater than 40 gram metres included. | | 7) | The type of analytical or testing procedures utilized and sample size and the quality assurance program and quality control measuresare consistent with those described in the technical report entitled "Technical Report - Central Ashanti Gold Project, Ghana" dated May 30, 2011. | | 9) | The true width of intercepts from recent drilling at Fetish ranges from 65-85% of the intercept width. | | 10) | The true width of intercepts from recent drilling at Esuajah North ranges from 70-95% of the intercept width. | | 11) | The true width of intercepts from recent drilling at Bokitsi South extension ranges from 80-97% of the intercept width. | | 12) | The true width of intercepts from recent drilling at Chirawewa ranges from 55-60% of the intercept width. | | 13) | The true width of intercepts from recent drilling at AF Gap and Fobinso ranges from 70-98% of the intercept width. |