Handeni Gold has declared that the company reported additional drilling results from the Kwandege project, which is situated on the Handeni property in the United Republic of Tanzania.
Kwandege drill hole positions for which gold assay results are reported in this release are indicated in green, drill hole positions for previously released assay results are in red and drill holes for which assay results are pending are in black
The company has drilled 4,989 m, totaling 37 holes, at the Kwandege mineralized zone, and is completing the phase I drilling at the project. It has sent 8509 samples to SGS and ALS laboratories, out of which, 3501 samples have been tested.
Handeni encountered 1,1 g/t gold over 9 m and 5,67 g/t gold over 1 m in hole KW1_08 and 5,67 g/t gold over 1m, 1.74 g/t gold over 6 m, 2,45 g/t gold over 2 m and 3,51 g/t gold over 1 m in KW1_14, and 29.5 g/t gold over 1 m, 3.54 g/t gold over 1 m and 4.40 g/t gold over 12 m in hole KW2_01.
The company intercepted low level values of gold at the Kwandege target and has encountered anomalous gold along with potential economic intercepts in an east-west strike of 1130 m. The presented data has shown the existence of a zone mineralization of up to 400 m in a north-south direction on the surface. The company requires an additional drill program to authenticate the true thickness, which is calculated to be around 80% at the Kwandege target, and conducted sampling program along 1 m of the core’s continuous intervals.