- Drilling returns strong results from two prospects between flagship Kunche and Bepkong deposits
- Intercepts include:
- 14m @ 2.31g/t Au from 13m (KRC478) � Aduane
- 16m @ 2.34g/t Au from 23m (KRC480) � Aduane
- 6m @ 15.60g/t Au from 53m (BRC230) � Bepkong South
- Results highlight opportunity to grow 1.2Moz Wa resource inventory
- Follow-up drilling to start this month
- Feasibility Study on <100,000ozpa project at Wa almost complete
Azumah Resources Limited (ASX: AZM) (TSX: AZR) is pleased to report highly promising results from two prospects located between the adjacent flagship Kunche and Bepkong deposits at its 1.2Moz Wa Gold Project in northwest Ghana (Table 1, Figure 1).
Wide spaced RC drilling at the Aduane target has returned intercepts including 14m at 2.31g/t Au from 13m (KRC478) and 16m at 2.34g/t Au from 23m (KRC480).
At Bepkong South, drilling returned a best intercept of 6m at 15.60g/t Au from 53m (BRC230) (Tables 2 and 3; Figure 2).
The Aduane prospect is located 1km north-east of the Kunche deposit and extends for 300m along a north-northeast trend, while the Bepkong South prospect is 500m due south of the main open pit planned for Bepkong and immediately east of a planned satellite pit.
"These latest exploration results confirm Azumah�s belief that more �blind� satellite gold deposits like the 212,000oz Bepkong deposit are likely to be discovered in the immediate vicinity of the planned gold plant." said Azumah Managing Director Stephen Stone.
�The thickness of the best intercepts from Aduane are particularly impressive and bode well for the delineation of another mineable deposit.�
Follow-up RC drilling in the area will take place this month after the completion of a detailed review of all historical and recent exploration data, including the results of a recently completed dipole-dipole IP survey.
A Feasibility Study for a plus-1,000,000 tonnes per year, <100,000oz per year gold operation is almost finished, with most key components now being finalised. Its completion is now largely dependent upon the receipt of final assays from recent infill drilling programmes to enable updated resource models and pit optimisations and schedules to be finalised..
2011-2012 Exploration Campaigns
Azumah's geologists are reviewing all recent and historical exploration data and finalising exploration programmes and budgets for the next exploration season. More drill rigs in addition to the five already committed to the project are likely to be contracted.
The Company's 50 man and 25 man exploration camps at its Wa Gold Project Kalsegra headquarters and over at the Julie licences respectively are now fully operational. These will provide important support to the Company's expanded exploration activities. An aircore rig is already back on site and about to drill several new targets.
Azumah is also establishing a third field camp in the northern extremities of its 3,200km2 licence area as much of this area has not been explored to any reasonable level.
Download the full announcement including figures, photos and tables.