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The Company recently announced that it had completed a regional termite mound and rock sampling program over three of its four Exploration Permits comprising the
The assay results from the termite mound and rock sampling program have all been received and interpreted with several gold anomalies being identified by Alma Gold’s technical team and geological consultants. The results of the termite mound survey and the proposed exploration pitting program are shown in detailed maps below (Figures 3 and 4).
The termite mount sampling results indicate several inferred mineralized structures that have an approximate north-south orientation, which is similar to major mineralized structures of the Birimian window of Kédougou-Kéniéba along the Sénegalo-
A field camp is currently being established on site and a field team has been assembled to complete the exploration pitting and field mapping program. This exploration program is expected to be completed prior to the commencement of the rainy season in June.
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Figure 1:General location and geology map for the
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Figure 2:Map of the Karita West Project Exploration Permits and termite mound sampling results
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Figure 3:Termite mound sampling results and proposed test pits on Exploration Permit 2258
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Figure 4:Termite mound sampling results and proposed test pits on Exploration Permit 6160
Termite Mound Sampling Program Details and QAQC Protocols
The termite mound and rock samples were processed and analysed for gold by Bureau Veritas, an independent assay laboratory with locations throughout
Alma Gold’s QAQC field protocol included the collection of duplicate samples every 20 samples during the sampling process. The collected samples were then transported from the field to
Termite mound sampling surveys are a surface exploration technique utilized in parts of
Termite mound sampling results are typically used to detect surface geochemistry anomalies or potential pathways to gold mineralization and are interpreted in a similar way as soil geochemistry results. Any detected gold anomalies from these termite mound surveys typically aid in the selection of sites for further exploration such as exploration test pits and drilling and interpreted in combination with rock sampling and surface geophysics results. This surface exploration technique has been used successfully by other exploration and mining companies in
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Through its wholly-owned subsidiary,
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Cautionary Statement
This news release also contains scientific and technical information with respect to adjacent or similar mineral properties to the
Qualified Person Statement and Data Verification
All scientific and technical information contained in this presentation has been reviewed and approved by Paul Ténière,
Mr. Ténière has verified all scientific and technical data disclosed in this news release including the rock and termite mound sampling results and analytical data underlying the technical information disclosed. Mr. Ténière noted no errors or omissions during the data verification process and Alma Gold’s Exploration Manager has also verified the information disclosed. The Company and Mr. Ténière do not recognize any factors of sampling or recovery that could materially affect the accuracy or reliability of the assay data disclosed in this news release.
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For more information on
On Behalf of the Board of Directors
“Greg Isenor”
President & Chief Executive Officer
Email:gpisenor@karitagold.com
The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and includes those risks set out in the Company’s management’s discussion and analysis as filed under the Company’s profile at www.sedar.com. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.
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