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Awalé Resources Intersects Broad Gold Bearing Alteration System in Maiden RC Drill Program
Feb. 02, 2018 08:52AM PST
Gold Investing
Awalé Resources (“Awalé” or the “Company”) (TSXV: ARIC) is pleased to announce initial results from the Fako and Fako South Prospects, these results form part of the Company’s maiden scout drilling program at the Bondoukou Project. Drilling has intercepted broad gold mineralisation within a large fuchsite/sericite/silica/chlorite alteration system. Results are pending for a further 8 holes …
Awalé Resources (“Awalé” or the “Company”) (TSXV: ARIC) is pleased to announce initial results from the Fako and Fako South Prospects, these results form part of the Company’s maiden scout drilling program at the Bondoukou Project.
Drilling has intercepted broad gold mineralisation within a large fuchsite/sericite/silica/chlorite alteration system. Results are pending for a further 8 holes at the Fako prospects, these results along with the remainder of the 57-hole drill program are expected in the first half of February.
Glen Parsons CEO commented today:
“First results from the maiden Bondoukou scout RC drill program has revealed a large-scale gold mineralised alteration system characterised by fuchsite and sericite. All 7 drill sections, which cover 4.5 strike kilometres contain the same alteration style, confirming the scale and potential of the prospect.
Encouragingly, these first holes which include 20 metres at 1 g/t gold and grades of up to 5 g/t display mineralisation far greater in scale than any of the primary artisanal workings on surface, with exceptional scope to extend mineralisation at this prospect with further work.”