- Highlights from the resource expansion drilling program beneath the
June 2023 Mineral Resource Estimate (“MRE”) pit shell between approx. 500 m to 1,000 m include Holes: D-336 intersecting 33.0 m @ 7.26 g/t Au; D-346A-W1 intersecting 13.0 m @ 8.41 g/t Au and 12.3 m @ 10.36 g/t Au; and D-347-W2 intersecting 17.4 m @ 4.92 g/t Au and 13.4 m @ 5.09 g/t Au (all reported using a 1.5 g/t cutoff grade). - Highlights from resource conversion drilling above approx. 500 m include Holes D-343 intersecting 110.6 m @ 2.77 g/t Au; D-340 intersecting 105.1 m @ 2.15 g/t Au; and D-342-W1 intersecting 88.7 m @ 2.45 g/t Au (all reported using a 0.3 g/t cutoff grade).
- Resource expansion drilling at depth below the MRE pit continues to indicate that the high-grade zone identified within the MRE in block 4 continues to a depth of at least 1000 meters.
The latest results from the deep drilling resource expansion program (below the MRE pit shell on Block 4) between approx. 500 meters to 1,000 meters depths are reported in Table 1 and shown in Figure 1. Highlights of this drilling include: Hole D-336 which intersected 33 m @ 7.26 g/t Au to a depth of approx. 805 m, within a broader interval of 78.2 m @ 3.45 g/t Au; Hole D-346A-W1 which intersected 13.0 m @ 8.41 g/t Au and 12.3 m @ 10.36 g/t Au to a depth of approx. 820 m, within a broader interval of 82.6 m @ 3.7 g/t Au; Hole D-342-W1 intersecting 4.6 m @ 9.58 g/t Au and 9. 5 m @ 5.61 g/t Au to a depth of approx. 660 m, within a broader interval of 88.7 m @ 2.45 g/t Au and Hole D347-W2, which intersected 17.4 m @ 4.92 g/t Au and 13.4 m @ 5.09 g/t Au to a depth of approx. 1029 m within a broader interval of 68.7 m @ 2.80 g/t Au. The high-grade results reported above are calculated using a 1.5 g/t Au cut-off while the broader intervals reported were calculated using a 0.3 g/t Au cut-off. A detailed list of the drill results associated with this press release can be found on Reunion Gold’s website: Results
Results from the resource conversion drill program (within the MRE pit shell above approx. 500 meters) continue to demonstrate the strong level of continuity and consistency of the Oko West deposit (see Table 2). Drilling for this program is expected to be completed shortly and the results will be included in the planned resource update in Q2/2024. Highlights from the resource conversion drilling include Hole D-343 intersecting 110.6 m @ 2.77 g/t Au; Hole D-340 intersecting 105.1 m @ 2.15 g/t Au; Hole D-335 intersecting 121.6 m @ 1.59 g/t Au; and Hole D-339 intersecting 46.0 m @ 3.10 g/t Au. These results are reported using a 0.3 g/t Au cut-off grade.
Table 1 - Significant Intervals below the MRE in Block 4, from the expansion drilling program being carried out at depths below 500 m from surface.
Hole ID | From (m) | To (m) | Downhole Interval (m) | (g/t) | Grade x Downhole Interval (gm/t) | ETT* (m) | Cutoff ** (Au g/t) |
OKWD23-331-W1 | 730.9 | 789.2 | 58.3 | 1.84 | 107.13 | 47.82 | 0.3 |
inc. | 735.4 | 738.4 | 3.0 | 4.76 | 14.29 | 2.44 | 1.5 |
inc. | 752.7 | 773.0 | 20.3 | 3.36 | 68.16 | 16.66 | 1.5 |
OKWD23-333A | 893.0 | 962.4 | 69.4 | 0.67 | 46.77 | 55.25 | 0.3 |
inc. | 893.0 | 901.0 | 8.0 | 3.13 | 25.01 | 6.26 | 1.5 |
OKWD23-333A | 974.0 | 990.0 | 16.0 | 0.57 | 9.16 | 13.18 | 0.3 |
OKWD23-336 | 778.8 | 857.0 | 78.2 | 3.45 | 269.80 | 56.49 | 0.3 |
inc. | 804.3 | 807.3 | 3.0 | 3.09 | 9.28 | 2.15 | 1.5 |
inc. | 814.0 | 847.0 | 33.0 | 7.26 | 239.58 | 23.97 | 1.5 |
OKWD23-341-W1 | 743.5 | 773.1 | 29.7 | 0.94 | 28.01 | 23.43 | 0.3 |
OKWD23-341-W1 | 804.6 | 822.3 | 17.7 | 0.32 | 5.60 | 14.24 | 0.3 |
OKWD23-342-W1 | 673.3 | 762.0 | 88.7 | 2.45 | 217.13 | 83.78 | 0.3 |
inc. | 677.3 | 687.0 | 9.7 | 3.14 | 30.47 | 9.06 | 1.5 |
inc. | 693.8 | 698.1 | 4.3 | 2.47 | 10.50 | 4.03 | 1.5 |
inc. | 701.4 | 706.0 | 4.6 | 9.58 | 44.08 | 4.33 | 1.5 |
inc. | 718.6 | 728.0 | 9.5 | 5.61 | 53.05 | 8.88 | 1.5 |
inc. | 732.7 | 744.7 | 12.1 | 3.41 | 41.05 | 11.36 | 1.5 |
OKWD23-345A-W2 | 582.0 | 614.5 | 32.5 | 0.69 | 22.41 | 27.84 | 0.3 |
inc. | 592.0 | 598.0 | 6.0 | 1.87 | 11.21 | 5.14 | 1.5 |
OKWD23-345A-W2 | 663.0 | 710.1 | 47.1 | 1.19 | 55.96 | 40.61 | 0.3 |
inc. | 664.0 | 668.0 | 4.0 | 9.40 | 37.61 | 3.44 | 1.5 |
OKWD23-346A-W1 | 785.6 | 819.3 | 33.7 | 0.54 | 18.21 | 26.64 | 0.3 |
OKWD23-346A-W1 | 861.0 | 943.6 | 82.6 | 3.70 | 305.58 | 66.23 | 0.3 |
inc. | 861.0 | 864.0 | 3.0 | 3.12 | 9.35 | 2.39 | 1.5 |
inc. | 876.7 | 889.7 | 13.0 | 8.41 | 109.36 | 10.39 | 1.5 |
inc. | 897.0 | 912.0 | 15.0 | 3.06 | 45.84 | 12.03 | 1.5 |
inc. | 916.0 | 928.3 | 12.3 | 10.36 | 127.49 | 9.93 | 1.5 |
OKWD23-347-W2 | 970.5 | 1039.2 | 68.7 | 2.80 | 192.51 | 64.75 | 0.3 |
inc. | 994.6 | 1012.0 | 17.4 | 4.92 | 85.56 | 16.39 | 1.5 |
inc. | 1015.6 | 1029.0 | 13.4 | 5.09 | 68.26 | 12.68 | 1.5 |
OKWD23-352 | 770.0 | 781.0 | 11.0 | 0.64 | 7.02 | 8.34 | 0.3 |
OKWD23-352 | 813.0 | 834.0 | 21.0 | 0.35 | 7.27 | 16.74 | 0.3 |
Table 2 - Significant Intervals within Block 4, from the infill drilling program being carried out at depths less than 500 m below surface.
Hole ID | From (m) | To (m) | Downhole Interval (m) | (g/t) | Grade x Downhole Interval (gm/t) | ETT* (m) | Cutoff ** (Au g/t) |
OKWD23-334 | 359.9 | 374.7 | 14.8 | 0.32 | 4.69 | 12.70 | 0.3 |
OKWD23-334 | 410.0 | 460.0 | 50.0 | 1.66 | 82.92 | 42.93 | 0.3 |
inc. | 420.0 | 426.0 | 6.0 | 2.89 | 17.33 | 5.15 | 1.5 |
inc. | 452.0 | 458.0 | 6.0 | 6.62 | 39.70 | 5.16 | 1.5 |
OKWD23-335 | 143.0 | 264.6 | 121.6 | 1.59 | 193.13 | 98.40 | 0.3 |
inc. | 143.0 | 158.0 | 15.0 | 2.01 | 30.22 | 11.89 | 1.5 |
inc. | 182.0 | 190.0 | 8.0 | 2.22 | 17.79 | 6.42 | 1.5 |
inc. | 226.0 | 229.8 | 3.8 | 3.06 | 11.62 | 3.11 | 1.5 |
inc. | 235.9 | 262.6 | 26.7 | 3.35 | 89.49 | 21.89 | 1.5 |
OKWD23-338A | 274.0 | 300.5 | 26.5 | 0.70 | 18.43 | 24.28 | 0.3 |
OKWD23-338A | 327.0 | 368.0 | 41.0 | 2.14 | 87.94 | 37.59 | 0.3 |
inc. | 329.0 | 333.0 | 4.0 | 1.89 | 7.54 | 3.67 | 1.5 |
inc. | 356.4 | 364.0 | 7.6 | 7.95 | 60.20 | 6.97 | 1.5 |
OKWD23-339 | 398.0 | 425.0 | 27.0 | 0.79 | 21.42 | 22.68 | 0.3 |
inc. | 399.0 | 404.0 | 5.0 | 1.88 | 9.40 | 4.19 | 1.5 |
OKWD23-339 | 439.0 | 485.0 | 46.0 | 3.10 | 142.40 | 39.09 | 0.3 |
inc. | 439.0 | 442.0 | 3.0 | 2.43 | 7.28 | 2.54 | 1.5 |
inc. | 447.0 | 477.0 | 30.0 | 4.08 | 122.33 | 25.49 | 1.5 |
OKWD23-340 | 386.7 | 491.8 | 105.1 | 2.15 | 225.69 | 88.92 | 0.3 |
inc. | 444.9 | 461.5 | 16.6 | 6.05 | 100.14 | 14.05 | 1.5 |
inc. | 464.5 | 476.0 | 11.5 | 5.49 | 63.14 | 9.75 | 1.5 |
OKWD23-343 | 419.8 | 530.4 | 110.6 | 2.77 | 306.86 | 85.95 | 0.3 |
inc. | 425.0 | 428.0 | 3.0 | 2.76 | 8.27 | 2.29 | 1.5 |
inc. | 489.0 | 493.8 | 4.8 | 3.39 | 16.27 | 3.77 | 1.5 |
inc. | 503.0 | 523.0 | 20.0 | 12.04 | 240.72 | 15.89 | 1.5 |
OKWD23-348 | 349.0 | 445.0 | 96.0 | 1.03 | 98.56 | 88.56 | 0.3 |
inc. | 399.3 | 403.0 | 3.7 | 4.38 | 16.19 | 3.42 | 1.5 |
inc. | 414.0 | 423.3 | 9.3 | 4.38 | 40.72 | 8.59 | 1.5 |
The Company also continues its drilling program in the western portion of the Oko West Prospecting License, which includes a combination of drill testing exploration targets and condemnation drilling in areas of proposed infrastructure.
Development Studies Update
The Company continues to advance several development related initiatives including advancing the environmental and social baseline studies and permitting.
To build its human resources capability,
Sample Collection, Assaying and Data management
Significant intervals in this press release have been calculated using a grade cut-off of 0.3 g/t Au, a minimum length of ten meters, and a maximum length of ten meters of consecutive internal waste. Included significant intervals have been calculated using a grade cut-off of 1.5 g/t Au, a minimum length of three meters, and a maximum length of three meters of consecutive internal waste. Gold grades are uncapped. Mineralized intersection lengths are not necessarily true widths and estimated true thickness (“ETT”) has been calculated using an assumed plane of mineralization dipping 65° towards 095°, representative of the mineralization identified in Block 4. Complete drilling results and drill hole data are posted on the Company's Website. Diamond drill (DD) samples consist of half of either HQ or NQ core taken continuously at regular intervals averaging 1.4 m, bagged, and labelled at the site core shed. Reverse circulation (RC) drill samples are obtained from a rotary splitter attached to a Metzke cyclone, weighed, bagged, and tagged at the drill site. All resource drilling samples are shipped to the Actlabs certified laboratory in
Qualified Person
The technical information in this press release has been reviewed and approved by
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E: doug_flegg@reuniongold.com
E: info@reuniongold.com
Telephone: +1 450.677.2585
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements and forward-looking information within the meaning of Canadian securities laws (collectively, "forward-looking statements"). Statements and information that are not historical facts are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions, or results "will", "may", "could" or "should" occur or be achieved. Forward-looking statements in this press release include statements regarding plans to complete drilling and other exploration programs and studies, exploration and drill results and interpretation of such results, potential mineralization, plans to complete a preliminary economic assessment and a feasibility study, and expectations regarding the results of such assessment and study, forward looking assumptions used relating to the mineral resources estimates, expectations to expand the resources at depth and elsewhere within the
Forward-looking statements and the assumptions made in respect thereof involve known and unknown risks, uncertainties and other factors beyond the Company's control including risks and uncertainties related to timing, cost and results of exploration programs and development studies; uncertainties inherent with conducting business in foreign jurisdictions including corruption, civil unrest, political instability; geopolitical risks including risks related to recent actions taken by the government of
Forward-looking statements in this press release are made as of the date herein. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements in this press release are reasonable, undue reliance should not be placed on such statements. New factors emerge from time to time, and it is not possible for management of the Company to predict all such factors and to assess in advance the impact of each such factor on the business of the Company or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information or future events or otherwise, except as may be required by law.
Neither the
Figure 1 - Inclined long section across Block 4, showing selected results and drill hole locations reported in this press release. ETT = Estimated True Thickness; Significant intersects are calculated using a 0.3 g/t Au cutoff, 10 m minimum down hole length and 10 m maximum consecutive internal dilution; Included intersects are calculated using a 1.5 g/t Au cutoff, 3 m minimum down hole length and 2 m maximum consecutive internal dilution.
LINK TO FIGURE 1: https://www.reuniongold.com/231213-pr?lightbox=dataItem-lq2th76w1
Source:
2023 GlobeNewswire, Inc., source