JOHANNESBURG (miningweekly.com) – Recently completed and assayed soil grab samples from the Anumso gold project, in Ghana, have revealed “exciting new target discoveries”, with preliminary metallurgical testwork on material showing “very encouraging” results with high levels of gold recovery.
In an exploration update to the market this week, TSX-V-listed Ashanti Gold said new soil sample results from previously underexplored areas have encountered multiple parallel mineralised zones, which were, in aggregate, up to 480 m wide in certain areas of the mineralisation.
“New opportunities for gold mineralisation and the understanding that the material at Anumso has favourable gold recovery characteristics is great news for the company,” said Ashanti Gold CEO Tim McCutcheon.
Ashanti Gold conducted a soil sampling programme, comprising 1 200 samples collected at 20 m intervals with lines 200 m apart along 10.3 km of strike exposure of Banket conglomerate from August to September.
The soil samples tested returned results with over 30 parts per billion (ppb) gold, with 24 samples containing more than 100 ppb gold.
Ashanti is now preparing to optimise process conditions and evaluate variability, Aim-listed Goldplat said on Friday following the release of the results.
Ashanti has the right to earn up to 75% of Goldplat's interest in Anumso by spending $3-million on exploration work.
“Results from initial metallurgical testwork on oxidised and unoxidised mineralised samples were encouraging; strong gold recovery by cyanidation was observed and an initial extended gravity recoverable gold test was conducted on an unoxidised composite, which indicated that up to 72.9% of the gold may be recoverable by gravity methods,” Goldplat added.