Gold prospect defined

By | 2018-07-12T12:29:53+00:00 July 12th, 2018|West Africa|0 Comments

Location: Mali | Resource: Gold

A 2.3km-long gold prospect in western Mali has been defined by Africa-focused explorers Altus Strategies. The prospect was identified within Altus’ 100%-owned Sebessounkoto Sud Licence, which features shear-hosted gold in Birimian age metasediments. Steven Poulton, CEO at Altus, says that historical channel sample results of 0.68 grams per tonne of gold (g/t Au) over 61.4m has been reported from weathered saprolite. In addition, Poulton says the project at Sebessounkoto includes numerous hard rock workings, with the largest being 150m long with shafts up to 40m deep. “Sampling of mining waste has returned grades of 5.18g/t, 3.98g/t, and 2.4g/t Au, and previous sampling by Legend Gold included 18.5g/t and 12g/t Au from the outcrop,” says Poulton. A follow-up exploration project is now planned.

The Sebessounkoto Sud Licence area is about 22km from AngloGold Ashanti and IAMGOLD’s Sadiola gold mine in western Mali.

“Mapping, outcrop, and sampling of artisanal spoil coincident with a historical 2km-long gold-in-soil anomaly has yielded results including 5.18g/t, 3.98g/t, and 2.4g/t Au. From this first programme, tens of artisanal mining pits and shafts have been mapped. The largest working observed to date has been mapped along 150m of strike and has shafts that reportedly extend to 40m in depth. Historical rock chip samples include 18.5g/t Au and 12g/t Au, with channel sample results of 61.4m at 68g/t Au (including 17.6m at 1.38g/t Au),” says Poulton.

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