IMX's Kishugu and Naujombo 'Excellent' Opportunities for Gold Exploration

IMX Resources Ltd. (ASX:IXR) provided an update on exploration at its Kishugu and Naujombo gold prospects, both of which are located at its Tanzania-based Nachingwea property.
Highlights include:

• Further exploration confirms Kishugu and Naujombo as significant, large scale gold targets
• Test pitting program at Kishugu finds strong gold anomalism, consistent with results of previous soil sampling
• Extensional soil sampling at Naujombo identifies gold anomaly likely to extend to over 5km by 1km
• Exploration work provides valuable information to support definition of drill targets

Phil Hoskins, managing director of IMX, commented:

The geophysical, geochemical and geological characteristics, together with their structural setting, highlight both Kishugu and Naujombo as excellent gold exploration opportunities. The sheer scale of these anomalies has presented some exploration challenges and the recently completed work is critically important in dictating our approach at Kishugu and Naujombo going forward.
While our focus of effort this year has been on advancing our Chilalo graphite project, the low-cost exploration work carried out at these gold prospects has enhanced the Company’s understanding of their potential, provided valuable information to assist in determining appropriate and cost-effective drilling techniques and will enable identification of drill ready targets.

Click here to read the full IMX Resources Ltd. (ASX:IXR) press release.