The Kobada Est trenching programme was completed in
The Kobada Est is a part of a group of permits located on the western flank of the Bougouni basin covering an area of 63,679 acres. The shear zones discovered in the Kobada Est concession form a part of the combined 55 km shear strikes, identified across the three concessions from previous geophysics and soil geochemistry.
Highlights
The trenching program continues to expand the footprint of the mineralised shear zones discovered on the property across the years.
Two of the three trenches intersected mineralisation, extending laterally for hundred of meters
One trench has returned a 22 m wide mineralised zone @ 1.1 g/t or 16 m @ 1.4 g/t.
Preliminary trenching and artisanal pits confirm similar mineralisation and structural environment as the Kobada Main shear.
Kobada Est Trenching Campaign
The 2021 Kobada preliminary trenching campaign was completed in
The three trenches, which total 260 m, were excavated in or just east of the delineated Kobada Est shear zone as defined by the recent reinterpretation of the previous geophysics. Two of the three trenches intersected mineralisation in varying degrees. Trench No 3 located in the Kobada Est shear zone had the best mineralisation. The trench was 30 m in length of which 22 m was mineralised. The grade over the mineralised width was 1.4 g/t over 16 m or 1.1 g/t over 22 m. Trench No 2, located just east of the shear, was also mineralised but the mineralisation zone was narrow and associated with single veins. The trenches were sighted based on artisanal mining pits, geophysics and soil geochemical anomalies.
Artisanal Mining
Active artisanal mining pits have been mapped and sampled within and in close proximity of the Kobada Est shear zone which has been beneficial in opening mineralised zones and structures. The structures mapped in the artisanal pits and trenches have highlighted similarities to what has been observed in the Kobada Main shear zone with some highly mineralised veins. The grab samples were taken in pit 1 and pit 2 range from trace to 29.7 g/t. The structures are oriented predominantly in an NNE / SSW and E / W direction as is expected and is consistent with the Kobada Main shear zone and with this type of dextral Riedel shear mineralisation.
About
Contact:
Tel: + (27) 76 411 3803
Email: Danny.Callow@africangoldgroup.com
Cautionary statements
This press release contains 'forward-looking information' within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding, the exploration plans of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved'. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of AGG to be materially different from those expressed or implied by such forward-looking information, including but not limited to: upcoming exploration campaigns at the Project, any upside potential, general business, economic, competitive, political and social uncertainties; future prices of mineral prices; accidents, labour disputes and shortages and other risks of the mining industry. Although AGG has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. AGG does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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