https://www.miningweekly.com

High-grade gold mineralisation confirmed at Sula’s Sierra Leone play

14th December 2015

By: Natalie Greve

Creamer Media Contributing Editor Online

  

Font size: - +

JOHANNESBURG (miningweekly.com) – A recent drilling campaign at multicommodity exploration company Sula Iron & Gold’s Sierra Leone-based Ferensola gold project has intersected high-grade gold mineralisation, the company said on Monday.

One drill hole returned assay results of up to 13.25 g/t of gold from four separate mineralised zones, with estimated true thicknesses varying from between 0.45 m and 2.01 m, while a second hole returned assay results of up to 16.18 g/t of gold from two separate mineralised zones, with estimated true thicknesses varying from between 0.5 m and 3.22 m.

Logging of the drill core confirmed that the mineralisation dipped to the west-northwest and that the historic drilling was suboptimal in orientation.

The total length weighted grade of the significant intersections equated to 3.72 g/t of gold, with mineralisation related to shear zone hosted massive pyrite.
 
“In summary, the. . .assays confirm the significant potential for high-grade gold mineralisation and confirm dip continuity within the shear zones.

“Mineralisation is open at depth and the current logging indicates that multiple high-grade mineralised shear zones exist,” the company stated.

Sula CEO Nick Warrell said he was “delighted” with the results of the first batch of samples from the extended scout drilling programme at Ferensola.

“The high grades reported with an average total length weighted grade of 3.72 g/t of gold currently support. . .an openpit mine.

“The results represent a significant milestone in our understanding of the geology and gold mineralisation of our gold asset and augurs well for future planned exploration of the deposit and the licence as a whole,” he commented.

Edited by Natalie Greve
Creamer Media Contributing Editor Online

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 
SafeQuip
SafeQuip

SafeQuip is a leading distributor and manufacturer of fire safety solutions, offering a comprehensive range of products designed to meet all...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.043 0.844s - 110pq - 2rq
Subscribe Now