African Gold Group, Inc., (TSX VENTURE:AGG) has reported the analytical results for 4 near surface step out, reverse circulation drill holes from AGG's Kobada, Mali gold project.
These 4 holes, drilled on section 2700S, represent a step out of approximately 100 meters south of section 2600S, representing the southern extremity of the mineralized envelope that contains AGG's historical 43-101 initial resources estimate of approximately 740,000 oz's Au at an average grade of 1.25 g/t Au.
AGG believes the significance of today's 4 step out holes, drilled on section 2700S, should be viewed within the context of the 6 step-out holes the Company reported on August 31, 2010. Collectively, these 10 holes represent three distinct fences, drilled 50 meters apart on sections 2700S (today's release), 2750S and 2800S (Aug. 31, 2010 release).
When the four step out holes being reported today are examined within the context of the six step out holes reported on Aug 31 (2010), we are conclusively demonstrating that this new zone of gold mineralization is:
- considerably outside of the current 43-101 resource model;
- a revised 43-101 model should reflect a substantial increase in tonnage and ounces Au, derived from the inclusion of the southern extension of Zone 1, alone.
"We are most encouraged with these southern step out holes and eager to continue expanding the southern potential of Zone 1. The collective results of our drilling on sections 2700S, 2750S and 2800S clearly demonstrates we are wide open to the west and south of the current 43-101 resource model. Also, we note our holes are quite often ending in mineralization and therefore, we remain open at depth. Further drill testing of this region will represent one of our highest priorities commencing in January, 2011," states AGG President and Director, Michael A. Nikiforuk.
Under the guidelines of National Instrument 43-101, the qualified person for the Kobada Gold Project is Mr. Pierre Lalande, P. Geo. Mr. Lalande is a member of the Association of Professional Geoscientists of Ontario and has reviewed and approved the contents of this news release.
Sampling - QA/QC Program
RC cuttings are recovered at the bottom outlet of the RC rig cyclone into 50-kg capacity poly-weave bags to recover the cuttings from each 1 meter of drill penetration. Each one meter sample weighs an average of approximately 19 to 23 kg. Each sample is passed through a 3-tier Jones Riffler (1 to 8 split), the samples are riffled twice to obtain from 3 to 5 kg of cuttings which are put in a numbered sample bag. Each bag is sealed and dispatched to the ALS Chemex laboratory located in Burkina Faso. The remaining 14 to 18 kg of cuttings (field rejects) are stored in camp under tarps to protect the bags against the elements.
Original samples are analyzed using Leachwell on 2 kg of pulp. Leachwell is a bottle roll cyanidation procedure with the addition of a catalyst to speed up gold dissolution. A QA/QC program is in place and includes: blank (1 in 20 samples), duplicates (1 in 20), standards (1 in 20), external lab checks (1 in 30) and two different analytical procedures check (1 in 100).
Source:
African Gold Group, Inc.,