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IronRidge Resources highlights more high-grade results from drilling at Zaranou project

The company has also started planning and access construction for a third phase drilling programme, which is expected to begin at the end of the third quarter of 2020

IronRidge Resources Ltd - IronRidge Resources highlights more high-grade results from drilling at Zaranou project

IronRidge Resources Limited (LON:IRR) has highlighted more high-grade intersections in additional results received from a second phase drilling programme at its Zaranou gold project in Côte d'Ivoire.

The AIM-listed firm said it has received “additional high-grade and broad low-grade” results from drilling at the Ehuasso main target, while composite results received for reverse circulation (RC) drilling at the target confirmed continuity of mineralisation within the spaced drill grid.

READ: IronRidge Resources soars as it adds “exceptional” results to high grade gold programme at Zaranou

IronRidge said the second phase drilling programme has now been completed, while assays are currently pending for the remaining RC drill holes at the Ehuasso target as well as reconnaissance air core drilling at the Ebilassokro target.

The company also said planning and access construction are now underway for the third phase drilling programme, which is expected to begin at the end of the third quarter of 2020.

"The new 4 [metre] composite sample results received for additional RC holes drilled within the Ehuasso Main target are significant as they confirm mineralisation continuity along 1.4km of strike with mineralisation still open in both directions”, IronRidge chief operating officer Len Kolff said in a statement.

"Field teams are now taking a well-earned break, whilst a relief crew is on-site to commence site access construction for a planned third phase infill RC programme within the Ehuasso Main target and step-out AC exploration programme along the Ebilassokro, Ehuasso and Yakasse targets, to commence end Q3 2020", he added.

Quick facts: IronRidge Resources Ltd

Price: 13.5 GBX

AIM:IRR
Market: AIM
Market Cap: £55.59 m
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