Results from the Drilling Programme at the Baomahun gold project in Sierra Leone show
strong potential
London, England, 8 September, 2009 - Cluff Gold plc (AIM: CLF; TSX: CFG) ("Cluff" or "the Company"), the West African
focused gold mining company, announces the successful completion of the 7,000 metre drilling
programme at Baomahun, its flagship gold project
located in Sierra Leone. The drill holes were programmed to intersect depth
extensions of known mineralised ore shoots as announced on 20th April 2009.
All
assay results have been received from the eleven completed
holes. The results demonstrate the down dip continuity of mineralisation
at grades and widths which the Company considers show strong potential to
support an underground operation either alongside or subsequent
to an open pit operation.
Highlights:
Baomahun gold project, Sierra Leone: (100%
ownership)
·
Nine holes intersect mineralisation at depth.
·
High grade
intersections were reported in DDH 299A which intersected 32 metres grading at
2.69g/t including 11 metres at 5.57g/t from 350 metre inclined
depth; DDH 304 which intersected 60 metres at 3.89g/t from 632 metres down the hole
including 6 metres
at 11.7g/t from 657
metres; and DDH 305 which intersected 18 metres at
4.04g/t from 526
metres down the hole including 5 metres at 10.8g/t from 532 metres.
·
Results to be incorporated into
a new resource update which is likely to be published during October
2009.
Commenting on these results, Mr
Douglas Chikohora, Technical Director of Cluff Gold said,
"We are extremely pleased with these drill results which demonstrate that
mineralisation, with excellent grades, extends to a vertical depth of at least 600 metres. We believe
that these results illustrate the possibility of underground operations at the Baomahun gold project. A resource update is currently being
prepared and it is expected that it will be released in October 2009."
Below
is a table summarising the significant mineralised intersections:
|
|
|
|
|
|
|
Hole ID
|
Dip(0)
|
Azimuth (0Mag)
|
Intercept
|
From (m)
|
Zone
|
Comments
|
DDH296
|
80
|
227
|
2m @ 1.20g/t
|
53
|
Eastern Zone
|
|
|
|
|
2m @ 1.26g/t
|
519
|
|
|
|
|
|
7m @ 2.02g/t
|
561
|
|
|
|
|
|
11m @ 3.23g/t
|
578
|
|
includes
2m @ 7.80g/t from 581m
|
DDH297
|
79
|
220
|
3m @ 2.60g/t
|
42
|
Eastern Zone
|
|
|
|
|
3m @ 3.06g/t
|
386
|
|
|
|
|
|
8m @ 1.33g/t
|
486
|
|
|
|
|
|
2m @ 2.97g/t
|
511
|
|
|
DDH298
|
79
|
220
|
3m @ 5.32g/t
|
400
|
Eastern Zone
|
including
1m @ 14.1g/t from 400m
|
|
|
|
9m @ 5.97g/t
|
467
|
|
including
1m @ 22.5g/t from 468m
|
DDH299A
|
81
|
214
|
6m @ 1.84g/t
|
94
|
Eastern Zone
|
|
|
|
|
4m @ 1.81g/t
|
260
|
|
|
|
|
|
32m @ 2.69g/t
|
331
|
|
includes
11m @ 5.57g/t from 350m
|
|
|
|
4m @ 2.36g/t
|
372
|
|
|
|
|
|
6m @ 2.38g/t
|
380
|
|
|
|
|
|
5m @ 4.76g/t
|
393
|
|
|
|
|
|
5m @ 3.37g/t
|
439
|
|
includes
2m @ 6.74g/t from 442m
|
DDH300
|
78
|
231
|
2m @ 1.35g/t
|
41
|
Central Zone
|
|
|
|
|
4m @ 2.11g/t
|
56
|
|
|
|
|
|
6m @ 5.51g/t
|
441
|
|
includes
3m @ 9.48g/t from 442m
|
|
|
|
3m @3.76g/t
|
476
|
|
|
|
|
|
3m @3.85g/t
|
521
|
|
|
DDH301
|
70
|
247
|
3m @2.56g/t
|
458
|
Central Zone
|
|
|
|
|
10m @10.5g/t
|
487
|
|
|
DDH303A
|
75
|
252
|
3m @ 4.25g/t
|
69
|
Central Zone
|
|
|
|
|
3m @ 1.21 g/t
|
399
|
|
|
DDH304
|
64
|
66.5
|
60m @ 3.89g/t
|
632
|
Central Zone
|
includes
6m @ 11.7 g/t from 657m
|
|
|
|
|
|
|
includes
4m @ 10.0g/t from 639m
|
|
|
|
9m @ 2.9g/t
|
726
|
|
|
DDH305
|
57
|
52
|
18m @ 4.04 g/t
|
526
|
Central Zone
|
Includes
5m @ 10.8 g/t from 532m
|
|
|
|
4m @ 1.88 g/t
|
584
|
|
|
|
|
|
|
|
|
|
True
thickness of mineralisation may vary from 40%
to 70% of intersected widths.
Drill
cores for assaying were taken at a maximum of one metre
intervals and were cut with a diamond saw and one half of the core placed
in sealed bags and sent to the Company's sample preparation facility at
Baomahun, Sierra Leone. The core samples were then crushed to
minus 6mm, and split with half of the sample pulverised down to
80% passing 106 microns. Approximately 120 grams of the
pulverised sample were then shipped to the SGS Laboratory (which is
independent of the company) in Siguiri, Guinea where
the samples were analysed for gold by fire assay using a 50g charge. As part of
the Company's QA/QC procedures, internationally recognised standards,
duplicates and blanks were inserted into the sample batches.
Douglas
D Chikohora has reviewed and approved the information contained in this
announcement. Douglas D Chikohora, (MSc, MIMMM, CEng) is Technical Director of
the Company.
About Cluff Gold
Cluff Gold is focused on
the identification, acquisition and development of gold deposits in West
Africa that are amenable to open-pit mining and low cost production
techniques. The Company has assembled a portfolio of mineral
interests at various stages of development in C?te
d'Ivoire, Burkina Faso, Sierra Leone and Mali. Cluff Gold progressed from being an explorer to a producer
in Q1 2008 and is expected to produce 100,000 ounces of
gold on an annualised basis for 2009 from its Angovia
Gold Mine in Cote d'Ivoire and from its Kalsaka
Gold Mine in Burkina Faso. Cluff Gold is actively evaluating known
satellite deposits to expand the resource base at both mines.
This News Release
includes certain "forward-looking information" within the meaning of
applicable Canadian securities legislation. All statements other than
statements of historical fact, included in this release, including, without
limitation, the positioning of the Company for future success, statements
regarding potential future production at Angovia and Kalsaka, exploration and drilling results at Baomahun, and future capital plans and objectives of Cluff Gold, are forward-looking information that involve
various risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important factors that
could cause actual results to differ materially from Cluff Gold's expectations
include, among others, risks related to international operations, the actual
results of current exploration and drilling activities, changes in project
parameters as plans continue to be refined as well as future price of gold. Although
Cluff Gold has attempted to identify important factors that could cause actual
results to differ materially, there may be other factors that cause results not
to be as anticipated, estimated or intended.
There
can be no assurance that such statements will prove to be accurate as actual
results and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue reliance on
forward-looking statements. Cluff Gold does not undertake to update
any forward-looking statements that are included herein, except in accordance
with applicable securities laws.
NO REGULATORY
AUTHORITY HAS APPROVED OR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE.
For
further information, please contact:
Cluff Gold plc
J.G.
Cluff/Douglas Chikohora
Chairman/Technical
Director
Tel:
+44 (0) 20 7340 9790
Evolution Securities
Limited
Rob
Collins
Tim
Redfern
Tel: +44
(0) 20 7071 4300
Joanna
Longo
Investor
Relations (Canada)
The
Equicom Group
+1 416
815 0700 ext 233
jlongo@equicomgroup.com
|
Simon
Robinson
Investor
Relations (U.K.)
Farm
Street Communications Ltd
+44 (0) 20 7099 2212
simon.robinson@farmstreetmedia.com
|