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Azumah Resources confirms gold discovery with step-out holes

Drill results support the case for an underground mining operation at Bepkong.

map of project location in Ghana
An update on the feasibility study and Ore Reserve is also due January 2019

Azumah Resources Ltd (ASX:AZM) has drilled two new holes confirming the discovery of the Eastern Lode at the Bepkong gold deposit within the Wa Gold Project in Ghana.

Two holes drilled 50 metres and 100 metres north of the discovery hole confirm continuity within the new high-grade, shallow plunging Eastern lode.

The holes intersected 35 metres at 4.70 g/t gold from 148 metres including 11 metres at 13.45 g/t gold from 171 metres and 5 metres at 6.01 g/t gold from 417 metres.

The holes complement the discovery hole BRCD487 that recently returned a 93 metres mineralised zone grading 2.33 g/t gold from 261 metres.

READ: Azumah Resources makes high-grade lode discovery at Wa Gold Project

Azumah Managing Director, Stephen Stone, said “This is another magnificent result in our 2019 multi-million dollar exploration campaign and has extremely positive implications for the overall Wa Gold Project.

“A completely new geological dimension to the Project has been introduced that could see a step-change in its scale, longevity and economics well beyond that envisaged in the pending feasibility study update.

“Our geological team, under the guidance of joint venture partner Ibaera Capital, have done an absolutely tremendous job in taking the Project to another level of geological understanding.

Drilling continues, more results to come

“Shareholders can look forward in early in January to some more results from deeper drilling at the Kunche deposit, then later in the month from follow-up drilling underway at Bepkong and then the much anticipated interim update of the Feasibility Study and Ore Reserve scheduled for the end of January 2019.”

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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