Komet Resources Releases Regional Sampling Results on the Guiro Permit

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Komet Resources Inc. (TSXV:KMT) announced the recently received results of the 2015 reconnaissance prospecting and surface rock sampling program carried out on the Guiro-Diouga property in 2015.

Komet Resources Inc. (TSXV:KMT) announced the recently received results of the 2015 reconnaissance prospecting and surface rock sampling program carried out on the Guiro-Diouga property in 2015. The sampling campaign was carried out as part of a preliminary evaluation of the gold potential of known historical showings as well as of the area immediately north of the Guiro Mine.
As quoted in the press release:

The 100% owned Guiro-Diouga mining license covers 65 square kilometres and is located in northern Burkina Faso, adjacent to national highway N3. Geologically speaking, the permit is strategically located along the Markoye fault zone, a major NNE structural corridor that transects the entire country and is host to significant other mines and gold deposits, including Essakane, Taparko, Bomboré and Kiaka. The permit has been subject to intermittent, limited exploration since the 1980’s, which led to the discovery and production of the Guiro gold vein, on which the Company currently operates the Guiro mine, located at the southern end of the Guiro-Diouga property. The primary purpose of this small mining operation is to provide cash flow for future systematic exploration of the Guiro permit.

Sampling of historical prospects was focussed on grab sampling of outcrops, where available, and of rejects from extensive areas of artisanal mining (orpailleurs workings) operated by locals who manually mine near-surface veins and extract visible gold through basic crushing and sluicing, as is very common in West Africa.

Results of the surface sampling program are summarized in the table below, and includes results from limited field sampling completed in 2014.

Komet Resources President and CEO, André Gagné, stated:

We are very pleased with the results of the 2015 reconnaissance program as it demonstrates the strong potential for easily accessible, near-surface gold deposits on the Guiro-Diouga property. Komet has filed an application with the Burkino Faso Ministry of Mines to double the surface area of the current exploration permit, and we look forward to further developing and exploring this strategic property.

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