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Azumah Resources Ltd

Azumah Resources extends gold at Bepkong East to 580 metres depth

Engineers are now evaluating adding an underground mining operation to the open-pit plan.

BRCD493 – Core tray run 402.34m to 408.5m showing high-grade intervals
Stacked sections showing the extensive Bepkong East Lode mineralised system

Azumah Resources Ltd (ASX:AZM) has extended gold mineralisation to at least 580 metres depth at the Bepkong deposit within the Wa Gold Project in Ghana.

Recent drilling results from the East Lode include 15.5 metres at 5.17 g/t gold from 401 metres and deep gold such as 2.5 metres at 3.55 g/t gold from 710.5 metres.

Notably, the Bepkong East deep mineralisation is not included in Wa project’s 2.5 million ounce current JORC resource.

Deposits marked with Ore Reserve bold and Mineral Resource

READ: Azumah Resources expects Ibaera Capital’s revised Wa study this year

Azumah’s managing director Stephen Stone said: “The Bepkong deposit continues to deliver with this latest 11-hole, 5,520 metres program extending East Lode mineralisation to at least 580 metres below surface and most importantly confirming the excellent continuity of the several high-grade zones within it.

“At 800 metres we have just drilled our deepest hole ever at the Wa Gold Project, Ghana, and the rig is now drilling similar deep targeted holes at the nearby and larger Kunche deposit with results to be reported in coming weeks.

Evaluating an underground mining operation

“The Project’s engineers are also now evaluating a possible underground mining option at Bepkong that, if viable, could add even more value to the already financially robust, plus-100,000 ounce per year proposed open-pit development project.

“The Azumah-Ibaera joint venture is confident that it will continue to grow the Wa Gold Project beyond these immediate development plans and from its current 1-million ounce Ore Reserve.”

Proactive caught up with Azumah in February 2019

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Market Cap: $13.7 m
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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...

1 week, 5 days ago

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