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Drilling at Cote d’Ivoire gold project showing promising results

26th May 2017

By: David Oliveira

Creamer Media Staff Writer

     

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West Africa-focused gold producer Perseus Mining announced earlier this month the completion of a drilling programme at its Yaouré gold project, in Côte d’Ivoire, with the company having received assay results for about 29 300 samples from the programme, which confirm the tenor of mineralisation in holes drilled previously.

Results from about 17 000 samples generated during the drilling programme, which started in December last year, are still outstanding.

Critical Information

The recently completed drilling programmes will provide critical information on which to base a definitive feasibility study (DFS) for the project, which is scheduled to be finalised in the fourth quarter.

“The results of the drilling programmes are providing our DFS team with a comprehensive understanding of the known mineralisation and the potential for further discoveries at Yaouré, which is essential if we are to prepare a [study] for an affordable and highly profitable project on which we can confidently base a positive investment decision later this year,” said Perseus CEO and MD Jeff Quartermaine.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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