Yaoure 2014 drilling programme confirms presence of high-grade areas
JOHANNESBURG (miningweekly.com) – The 2014 drilling programme at West Africa-focused gold mining company Amara Mining’s Yaoure gold project, in Côte d'Ivoire, has confirmed the presence of high-grade areas in the Yaoure central zone and demonstrated strong continuity in the high-grade CMA zone.
Amara chairperson and CEO John McGloin said on Tuesday that with 331 boreholes drilled and 11 rigs on site, the 2014 Yaoure campaign was the largest drilling programme in Africa this year, pointing out that it had been completed on time and within budget.
The company would use the data collected to deliver a second mineral resource update for the project in December. Amara expected the majority of the inferred resources within the $950/oz pit design to be upgraded to the indicated category, from which ore reserves could be determined.
This data would then form the basis of the prefeasibility study set to be delivered during the first quarter of next year, McGloin added.
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