Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

African Gold Group Inc.

Publié le 16 avril 2008

Trenching Returns 84 Meters Of 3.0 G Au/T, Including 36 Meters Of 6.28 G Au

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter


  Wednesday, April 16, 2008
African Gold Group, Inc. Trenching Returns 84 Meters Of 3.0 G Au/T, Including 36 Meters Of 6.28 G Au/T & 16 Meters Of 13.6 G Au/T
Diamond Drilling Underway


 
TORONTO, CANADA, APRIL 16, 2008 - African Gold Group, Inc., ("AGG" or the "Company") is pleased to report the assay results for five trenches, located within the immediate proximity of the excavated artisanal mining pit at AGG's Manso Atwere ( Ghana) concession. The five trenches total 1,628 meters in aggregate length and average 3 meters in depth. All trenches were sampled on two meter spacing. Diamond drilling is currently underway at AGG's Manso Atwere concession and will shift to AGG's Assuowunu concession, contiguous with Keegan Resource's Esaase concession, within approximately 14 days.

TABLE 1: ASSAY RESULTS FOR TRENCHES (Composites of 2 meter samples)
LOCATION Easting Northing Elevation Length Width Grade (g Au/t)
GYTR01 From: 625510 From: 713256 207 450 m 10 m 0.69
  To: 625893 To: 713055 193 2 m 1.43
        22 m 0.80
GYTR02 From: 625490 From: 713094 210 348 m 2 m 1.30
  To: 625771 To: 712958 222 84 m 3.00
        incl 36 m 6.28
        incl 16 m 13.60
        2 m 2.20
        22 m 0.92
GYTR03 From: 625817 From: 713333 228

250 m

No Significant Results

  To: 625977 To: 713247 230
GYTR04 From: 625584 From: 713111 212 280 m 4 m 31.20
  To: 625834 To: 712963 247 incl 2 m 62.00
        50 m 1.80
        incl 12 m 3.24
        incl 8 m 4.00
        14 m 0.58
GYTR05 From: 625457 From: 712928 259 300 m 30 m 0.58
  To: 626114 To: 740418 241 14 m 4.31
        incl 8 m 7.20


Please activate link to view map showing trench locations, trench intercepts, diamond drill hole collars and their relative location to the artisanal pit.

http://www.africangoldgroup.com/i/maps/Manso-Atwere-map-1.gif

The Company announced its acquisition of the Manso Atwere concession on October 25, 2007. The 7.2 sq km concession represents the fifth distinct contiguous concession that comprises AGG's 456.2 sq km consolidated land holdings in the northern Asankrangwa gold belt. Much of the gold that has contributed to the wealth of the famous Ashanti Kingdom, over centuries, has come from this region (http://www.ashanti.com.au/). More recently, this region has been the subject of extensive conventional mining and includes the recent discovery of Keegan Resource's Esaase gold deposit, which is contiguous with AGG's Assuowunu concession.

The Manso Atwere concession contains an unusually large, recently excavated, open pit that was manually dug by locals with pick and shovel. This pit measures approximately 110 meters in length, approximately 35 meters in width and approximately 35 meters in depth. It is estimated that approximately 300,000 metric tons of ore has been manually moved from the site of the pit, located on a hilltop, approximately 2 km to the valley floor where there is water for processing the ore. On November 07, 2007, AGG reported the assay results from 52 channel samples that spanned 104 meters of the exposed footwall of the pit as follows:
TABLE 1  CHANNEL SAMPLE ANALYSIS
===============================================================
           Interval with               Grade (g Au/t) and
Anomaly    sample numbers              width of mineralization
===============================================================
   1       J1001-J1004 ( 0 -  8m)      1.14 g Au/t over 8m
---------------------------------------------------------------
   2       J1016-J1027 (30 - 52m)      2.36 g Au/t over 22m
---------------------------------------------------------------
   3       J1047-J1052 (88 -100m)      2.73 g Au/t over 12m

In addition, two grab samples that were collected from the artisanal miner's stock pile of ore, that was ready to be crushed and washed, returned assay values of 10.2 g Au/t for sample J1059 and 20.9 g Au/t for sample J1060. Please activate link to view artisanal open pit. http://www.africangoldgroup.com/i/photos/Manso-Atwere-Pit-2.jpg

"There is a growing conviction amongst AGG's team that our 456.2 sq km Asankrangwa Holdings represents significant potential for our Company and our shareholders. We hold the dominant land position in the region and are bordered by historical sites of production to the north, south and west of our footprint. Current exploration by Keegan and others continues to demonstrate the growing importance of the region and we applaud their success. Clearly, these trench results represent the most compelling drill targets that AGG has generated in its history. Diamond drilling is currently underway and we remain eager to compare the pending assay results with the internal expectations generated by these drill targets," states AGG President, Michael A. Nikiforuk.

A total of 13 diamond drill holes approximating 2,500 meters, in aggregate, are currently being drilled at Manso Atwere. A bulldozer is currently on site at AGG's Assuowunu concession, contiguous with Keegan's Esaase concession, cutting access roads and drill pads. The diamond drill rig will be moved to Assuowunu in approximately 14 days and commence testing drill targets that are parallel to and contiguous with structures that control mineralization at Keegan's Esaase gold deposit.

SAMPLING AND ANALYSIS

All samples are dried at a temperature of 105oC. The samples are crushed (when necessary) using a jaw crusher to a nominal 2mm then 1.5kg is split using a Jones type riffle splitter. A reject sample is retained in the original bag and stored. The split is finely pulverized in a chrome steel bowl (B2000) to a nominal 90% passing 75um. A 200g sub-sample is taken into a paper craft packet for assay, with the pulverized residue retained in a plastic bag. All preparation equipment is flushed with barren material prior to the commencement of the job and also intermittently in the course of the job. A 50g sample is weighed from the 200g sub-sample, fused with a litharge based flux, cupelled then the prill is dissolved in aqua regia and gold is determined by flame Atomic Absorption Spectrometry (AAS).

Mr. Ben Adoo, C. Eng., AGG Chairman, is the Qualified Person with respect to NI 43-101 at Assankrangwa.

African Gold Group, Inc., based in Toronto, Canada, is engaged in the identification, acquisition and exploration of prospective gold projects that are situated along significant gold trends within West Africa. To date, the Company controls a total of twelve gold concessions that are consolidated in five distinct standalone exploration projects, of which three projects are located in Ghana and the remaining two are located in Mali, West Africa.

Additional Information is available on the Company's website at www.africangoldgroup.com and on www.sedar.com and through the Company's offices at: BCE Place, Canada Trust Tower, 27th Floor, 161 Bay Street, Toronto, Canada M5J 2S1

On Behalf of the Board:
Michael A. J. Nikiforuk
President, Director

FOR FURTHER INFORMATION PLEASE CONTACT:
African Gold Group, Inc.
Michael A. J. Nikiforuk
(416) 572-2225
info@africangoldgroup.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
 


 

African Gold Group Inc.

EXPLORATEUR
CODE : AGG.V
ISIN : CA00829A1066
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

African Gold Group est une société d’exploration minière d'or basée au Canada.

African Gold Group détient divers projets d'exploration au Ghana.

Ses principaux projets en exploration sont BAGOE - EAST, BAGOE - WEST et KOBADA au Mali et NYANKUMASI, MANKRANHO et ASANKRANGWA au Ghana.

African Gold Group est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 48,9 millions CA$ (39,1 millions US$, 34,3 millions €).

La valeur de son action a atteint son plus haut niveau récent le 02 avril 2004 à 3,40 CA$, et son plus bas niveau récent le 12 avril 2019 à 0,01 CA$.

African Gold Group possède 326 100 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Financements de African Gold Group Inc.
18/03/2015Announces Closing of Private Placement
11/03/2015Announces Private Placement
05/09/2013Announces the Closing of $1,500,000 Private Placement Offeri...
20/03/2006private placement of up to 4 million shares
Attributions d'options de African Gold Group Inc.
05/04/2011, Engages Torrey Hills Capital for Investor Relations
Projets de African Gold Group Inc.
23/08/2013(Kobada)Clarifies Disclosure on Kobada, Mali Gold Project Press Rele...
03/05/2010(Asankrangwa)Airborne Survey Of Asankrangwa Holdings -- Contiguous And O...
08/04/2010(Asankrangwa)To Commence Airborne Survey Of Asankrangwa Holdings -- Conti...
18/02/2010(Kobada)Drilling At Kobada, Mali Focused On Surpassing 1,000,000 Oz ...
20/01/2010(Kobada)Multi-Phase Work Program Focused on Surpassing 1,000,000 oz ...
24/03/2010(Kobada)Intersects 18 Meters of 7.04 G/T Au In Zone 1 and 21 Meters ...
28/10/2009(Mankranho)Newmont Confirms Structures That Host Yamfo North-East & Sub...
23/09/2009(Kobada)Kobada "Zone 1" Resources Estimate Will Increase
21/05/2008(Kobada)Files Initial 43-101 Mineral Resources Estimate For "Zone 1"...
09/04/2008(Kobada)Intercepts 9 Meters Of 25.8 G Au/T
Mineralization Identi...
02/04/2008Releases Initial 43-101 Mineral Resources Estimate for "Zone...
18/03/2008(Kobada)Diamond Drilling Set To Test Multiple Structures Parallel To...
06/03/2008(Bagoe - East)Randgold Resources Reports Rab Drilling Is Underway At Bagoe...
Communiqués de Presse de African Gold Group Inc.
06/01/2016African Gold Group, Inc. Announces Sale of Ghanian Assets fo...
28/10/2015African Gold Group, Inc. Announces Metalurgical Test Work Co...
03/09/2015African Gold Group Announces Closing of Private Placement
05/08/2015African Gold Group, Inc. Announces Grant of Kobada Mining Li...
08/07/2015African Gold Group, Inc. Announces Election of Mr. Georges C...
06/02/2015African Gold Group to Participate in "Doing Business in Mali...
22/01/2015African Gold Group Closes Second Non-Brokered Private Placem...
14/01/2015African Gold Group Closes Non-Brokered Private Placement for...
23/12/2014African Gold Group, Inc. Announces Filing of Preliminary Eco...
25/11/2014African Gold Group, Inc.: Updated Preliminary Economic Asses...
29/10/2014Kobada Metallurgy Test Work Confirms 85.2% Gold Recovery for...
28/10/2014African Gold Group Unaware of Any Material Change
04/09/2014AGG Appoints David Brown as Company Chairman
29/07/2014African Gold Group Updates on Kobada Feasibility Study
23/07/2014African Gold Group Inc. Completes 2014 Kobada Field Season-B...
17/07/2014African Gold Group, Inc., Appoints Misha Collins Feasibility...
09/07/2014African Gold Group, Inc., Kobada Feasibility Study Work to M...
19/06/2014African Gold Group, Inc.: Bulk Sampling Results Identifies S...
22/05/2014African Gold Group Closes Over-Subscribed Non-Brokered Priva...
29/04/2014African Gold Group Strengthens Mine Development Team With th...
25/03/2014African Gold Group, Inc. Announces Early Warrant Exercise In...
22/10/2013(Kobada), Engineering Team Mobilizes to Commence Metallurgical Test ...
08/07/2013Annual and Special Shareholder Meeting
20/06/2013letter Press Release June 18 2013
18/06/2013(Kobada)Updated Resources Estimate for Kobada Gold Project Surges to...
29/05/2013KBRC12-160 Intercepts 75 Meters of 3.06 g/t Au; KBRC12-201 I...
29/05/2013KBRC12-160 Intercepts 75 Meters of 3.06 g/t Au; KBRC12-201 I...
15/05/2013KBRC12-084 Intercepts 69 Meters of 2.37 g/t Au; KBRC12-066 I...
08/05/2013Feasibility Study Drilling on 25 Meter Centers Pushes Au Min...
25/03/2013IGE Resources calls for Extra General Meeting, related to th...
05/02/2013(Mankranho)Completes Sale of Mankranho, Ghana Concession for US$4,000,0...
05/11/2012Pope & Company Initiates Equity Research Coverage on African...
10/10/2012(Mankranho)Announces Sale of Mankranho, Ghana Concession for US$4,000,0...
01/05/2012May 01/2012
29/03/2012March 29/2012
20/03/2012March 20/2012
29/11/2011Nov 30/11
26/10/2011Featured In The Financial Post,
25/10/2011Oct 25/11
14/09/2011Sept 14/11
25/08/2011Featured In The Financial Post, Mining News
13/07/2011July 13/11
13/07/2011Positive Preliminary Economic Assessment Generates $216.9 Mi...
01/06/2011June 01/11
01/06/2011Southern Step Out Hole Intercepts 96 Meters of 1.35 g/t Au f...
05/04/2011April 05/11
29/03/2011March 29/11
22/03/2011March 22/ 11
22/03/201167 RC Drill Holes Shipped to Lab; 3,980 m of Trench Results ...
16/03/2011Re-Adopts Shareholder Rights Plan
29/04/2008 included in The Gold Newsletter, April 2008 Edition
16/04/2008Trenching Returns 84 Meters Of 3.0 G Au/T, Including 36 Mete...
25/02/2008 Retains AGORACOM To Provide Google Search Engine IR Program...
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (AGG.V)OTHER OTC (AGGFF)
0,150+0.00%0,080+0.00%
TSX-V
CA$ 0,150
03/08 10:30 -
0%
Cours préc. Ouverture
0,150 0,150
Bas haut
0,145 0,150
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,150 -%
Volume var. 1 mois
76 091 -%
24hGold TrendPower© : 20
Produit
Développe
Recherche Gold
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 25/03/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
20227,14%0,200,08
2021-20,00%0,200,11
2020-40,68%0,380,10
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,71 AU$-0,39%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
11,11 US$+2,21%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,55 GBX-0,90%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$-8,33%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,47 CA$+3,78%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
15,25 CA$-3,42%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,24 CA$+0,00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,19 AU$+0,00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,79 CA$-3,76%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
52,57 US$+0,84%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+5,88%Trend Power :