- Amani Gold has returned high-grade gold results from its phase one diamond drilling program in the Democratic Republic of Congo
- Gold results in excess of 10 grammes per tonne were found
- All samples have now been analysed in Tanzania with results expected in mid-November
- If signification gold mineralisation is found then a further phase consisting of four additional holes will be completed
- Amani’s share price has remained steady today with shares trading for 0.3 cents apiece
Amani Gold has returned high-grade gold assay results from the Kebigada gold deposit.
Kebigada is located within the 479 square kilometre Giro Gold Project.
The project consists of two exploration permits and lies within the Kilo-Moto Belt of the Democratic Republic of Congo.
This belt is under-explored and hosts Randgold Resources’ 16 million ounces Kibali group of deposits.
The high-grade results of 1 metre at 10.5g/t gold from 303 metres and 1 metre at 3.72g/t gold from 308 metres were intersected via phase one diamond core drilling.
Drillhole GRDD034 has successfully targeted deeper high-grade sulphide associated gold mineralisation within the central core of the Kebigada deposits.
These assays are the deepest ever drilled at Kebigada.
The hole also intersected sulphide mineralisation in the form of dissemination and quartz-pyrite and pyrite veins which may be associated with gold mineralisation.
GRDD034 intersected broad intervals of pyrite mineralisation from 204 to 263.50 metres, 268.9 to 322.5 metres, and 334 to 373 metres.
“These assay results from GRDD034 are highly significant as it indicates we have successfully targeted deeper high-grade gold mineralisation at Kebigada, the deepest yet,” Technical Director Grant Thomas said.
“If the results are as good in the much deeper phase one drill hole GRDD035 then we will need to consider implementing an additional phase of drilling asap. An upgrade of the Kebigada resource also seems warranted,” he added.
All samples have now been analysed and sent to SGS Mwanza Laboratory in Tanzania with the results expected in mid-November.
If significant gold mineralisation is found at any point in the program then additional drilling, phase two, may comprise of a further four holes, every 500 metres in length.
Amani Gold’s share price has remained steady today with shares trading for 0.3 cents apiece at market close.