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Cluff Gold (TSX:CFG,AIM:CLF) announced drill results from the Ivory Coast-based Yaoure project.
Cluff Gold (TSX:CFG,AIM:CLF) announced drill results from the Ivory Coast-based Yaoure project.
As quoted in the press release:
Results give confidence that existing sulphide resources at Yaoure, consisting of 169,000oz (3.4Mt at 1.6g/t) in measured category and 123,000oz (2.2Mt at 1.7g/t) in indicated category(i), can be significantly increased during 2012.
Cluff Gold’s Chief Executive, Peter Spivey said:
Initial metallurgical test work indicates that the sulphide mineralisation is not refractory and the relatively shallow dip of the mineralisation, 25-35 degrees to the east, could result in significant open pit resources being delineated at favourable stripping ratios. To this end, we have approved a US$6.6 million budget for an aggressive 79,000m exploration drill programme in 2012 which is currently underway.
Click here for the Cluff Gold (TSX:CFG) press release.
