Stellar Pacific Ventures has announced the initial assay results from the 2011 drilling campaign conducted at Zones B3 and B1 during November 2011.
The company has obtained and collected the assay results of six holes out of 27 holes, which were drilled at the Zone B3. It has encountered 2.03 g/t gold over 28 m in the hole B3-11-04 and 14.29 g/t gold over 6 m in the hole B3-11-05. These two holes have validated the significant and high-grade width prospect of the B3 gold formation outlined through drilling over a strike of 1,050 m.
Stellar’s CEO and President, Maurice Giroux, has stated that the gold mineralization in the Zone B3 is consistent over 1,050 m of the strike length and has demonstrated high-grade elements united to extensive thickness of up to 35 m in the hole B3-26. The zone B3 is exposed in every direction and has one limb out of the three diverse gold formations found and called as SOLOTOMO discovery.
The three structures drilled are called the Solotomo Pit, B1 and B3 and accumulate oxide gold mineralization for over 1,800 linear metres. A core drill program has been planned on the three structures. In line with the indication of the oxide zone, core drilling must direct a significant resource estimate on the three zones.
The company conducted 3,000 m of infill drilling at B1 and B3 zone. It drilled 15 holes at zone B1 and 27 holes at zone B3.
It has performed 1,400 linear metres, totaling 11 trenches. These trenches were explored across B1 and B3 zones to 4 m depth and across the Solotomo pit zone’s south expansion.
The field part of an aerial radiometric and magnetic survey was conducted by Xcalibur Airborne Geophysics of South Africa over the Balandougou Concession. The survey has included around 5,691 line-km of flight lines at spacing of 100 m, oriented towards the north-south direction.