Exceptional results at Giro gold project in DRC

0 Comment
 27 Apr 2017   Posted by admin


The Giro gold project is within the under-explored Kilo-Moto Belt, which also hosts Randgold Resources’ 16moz Kibali project.


BY REUBEN ADAMS


ASX-listed Amani Gold (formerly Burey Gold) is returning exceptional results from an infill drilling program at its Giro gold project in the Democratic Republic of Congo (DRC).


Amani received results for a further eight RC holes for 1121m from the infill drilling program at the Kebigada deposit, which kicked off mid-February.
GRRC217 reported standout results – 36m at 6.56 grams per tonne of g/t gold from 14m including 14m at 15.15g/t gold from 15m; and 65m at 7.73g/t gold from 74m including 44m at 10.69g/t gold from 85m, including 1m at 179g/t gold from 107m.
The hole ended in high- grade mineralisation which is open down-dip.
Amani chairman Klaus Eckhof said the exceptional result of 105m at 7.33g/t gold confirmed the company’s belief that Kebigada had potential to become a substantial standalone deposit.
“This result is similar to some of the better results reported at Kibali during the exploration phase,” he Mr Eckhof said.
“We eagerly await results of a diamond hole planned to twin this RC hole to determine the true width of the zone of mineralisation.


“The infill drilling has certainly highlighted the high- grade potential at Kebigada and the potential for high- grade zones of mineralisation to continue to depth which could eventually yield a substantial underground project with continued deeper drilling.”


Mr Eckhof said the company expected these excellent grades to be reflected in the maiden mineral resource estimate expected before the end of the second quarter.
The 497sqkm Giro gold project comprises two exploitation permits within the Kilo-Moto Belt, ; a significant under-explored greenstone belt hosting Randgold Resources’ 16moz Kibali group of deposits, about 35km from Giro.
In 2015, Kibali produced 642,720 ouncesoz in its first full year of operation, confirming the prospectivity of the region.