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Azumah Resources delivers proof of concept for feeder zone at Wa Gold Project

Drilling at Kunche deposit south support possible deepening of current shallow pit.

drill rig
Updated mineral resources scheduled for Q3 2018

Azumah Resources Limited (ASX:AZM) is continuing to progress its exploration campaigns on multiple fronts at the Wa Gold Project in Ghana aimed at updating the resource and delivering an interim ore reserve.

Specifically, follow-up drilling in the central zone of the Kunche deposit has provided further proof of concept for a possible feeder zone into the main Kunche deposit.

The feeder zone is expected to enable the existing shallow pit design to be deepened and an underground mining option to be scoped.

Azumah’s follow-up drilling intersected 4 metres at 3.20 g/t gold from 178 metres and 7 metres at 1.90 g/t gold from 186 metres - within an overall intercept of 15 metres at 1.95 g/t gold from 178 metres.

Importantly, the drilling intercepts confirms that the feeder mineralisation remains open at depth and has a southerly strike extent.

Having now demonstrated the continuity and trend of mineralisation associated with the interpreted feeder zone and its controlling structure, additional holes to test for depth and strike extensions can be planned.

READ: Azumah Resources delivers game-changing gold intersections from Wa project in Ghana

Work on multiple fronts is well on-track to underpin an update in mineral resources scheduled for Q3 2018 and an interim update in ore reserves towards end-2018.

In coming weeks and months shareholders can look forward to:

• Results of further work at the emerging Butele discovery to extend the mineralisation footprint;
• Results from drilling at the Manwe and Josephine South prospects and from the testing of multiple satellite prospects around the Julie deposit (Wa East);
• Results of diamond drilling planned at the Julie deposit to pursue deeper extensions to underpin a possible underground mining development option below planned open pits;
• Follow-up drilling at Kunche to better delineate the inferred feeder zone;
• An update on the progress of engineering studies aimed at updating and optimising several key inputs into the project feasibility study that will lead to an interim ore reserve update by end-2018.

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Azumah Resources progresses towards developing Wa Gold Project in Ghana

Azumah Resources Ltd(ASX: AZM) managing director Stephen Stone updates Proactive Investors on the company’s progress towards developing its Wa project gold asset in the West African country of Ghana. The plans are advancing following the recent release of a scoping study that indicated...

on 13/8/19

2 min read