African Gold Group has released additional results from its phase 1 drilling program at the Kobada gold project in Southern Mali.
African Gold Group (TSXV:AGG) has released additional results from its phase 1 drilling program at the Kobada gold project in Southern Mali.
As quoted from the press release:
The drill holes are located in the southern section of the main shear zone at AGG’s extensive land package in Southern Mali.
Result continue to return better than expected grades within the central zone of the Kobada main shear and reinforces the predictiveness of our geological model. High-grade intersections over a greater thickness, together with additional resources in the satellite orebodies, is expected to complement the resource model favorably.
“These are fantastic results which will have a positive effect on the total resource tonnage and grade,” states Dr. Andreas Rompel, vice president exploration. “Because these results are in the area of the future open pit, these will also impact the reserve. We are strongly encouraged by these results and are looking forward to phase 2 drilling campaign in which we envisage to increase the resource base.”