Nov 8 2010
Exploration drilling below the Teberu 04 pit at the Nzema Gold Project has increased the depth extent of the gold rich sulphide ore zones.
Teberu 04 is adjacent to Nugget Hill and is one of the planned pits along the Salman trend that is prospective for sulphide ore below the known oxide ore reserves.
Best intersections include :
A reverse circulation (RC) and diamond drilling program was commenced in August 2010 with the aim of extending the sulphide ore zones and generating a Measured and Indicated resource. Initial drilling at the Nugget Hill pit intersected broad zones of sulphide mineralisation that were reported on 22nd October. The latest results are from the Teberu 04 pit located 400m to the northeast of Nugget Hill and represent a separate sulphide lens.
The Teberu 04 sulphide ore zone varies in thickness from 5m to 20m and extends for at least 300m along strike. A long section suggests high-grade ore shoots may exist and these will be the target for further drilling planned. The new results provide additional confirmation about the continuity of the sulphide ore, both along strike and down dip.
NEXT STEPS
RC and diamond drilling will continue during November at Teberu 04 pit as well as Salman South and Salman Central located along the Salman trend. The primary focus is to assess the continuity and depth extent of the gold rich sulphide ore zones. The first phase of drilling will be cNzema onducted on 50m spaced traverses with holes drilled to test the sulphide ore zones to a vertical depth of 100m. If results are favourable a second phase of drilling will test to a vertical depth of 200m. Results will be incorporated into a sulphide mineral resource update planned for 2011.
Exploration for oxide resources has also commenced with preparations for a RC drilling program at the Aliva prospect. Other oxide targets that have been prioritised for further work include the Avrebo and Akropon prospects.