Initial drilling results for Sarama’s Cape Mount project promising
JOHANNESBURG (miningweekly.com) – West Africa-focused gold explorer Sarama Resources on Monday reported that the initial drilling programme at its Cape Mount project, in Liberia, had confirmed the presence of shallow, in situ gold mineralisation within altered and locally deformed mafic and ultramafic volcanic rocks.
The 1 600 m drill programme was reconnaissance in nature and comprised wide-spaced drill fences along an 8 km portion of a previously delineated 15-km-long soil anomaly.
The programme was designed to test the distinct target areas marked by strong gold-in-soil anomalism and trench results outlining broad zones of anomalous gold values.
Sarama noted that gold mineralisation was intersected in all but one of the drill holes with a number of intercepts containing occurrences of visible gold.
“We are very encouraged by the results of this initial drill programme, particularly given nearly every hole intersected gold mineralisation and there were occurrences of visible, coarse gold in core.
“We are further encouraged by the identification of gold mineralisation in ultramafic rocks just 10 km north of the high-grade New Liberty deposit, which is also associated with ultramafic rocks,” Sarama president and CEO Andrew Dinning commented.
He stated that the company believed these results highlighted the potential of the 15-km-long anomalous corridor to host a new gold discovery.
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