Riverstone Resources has announced the results of the 11 holes drilled at the Kao deposit.
This deposit is a part of the Karma gold project, which is the company’s flagship project located in West Africa. These holes are drilled as a part of the core drill program specifically designed to validate and expand the Kao deposit mineralization along down dip and strike.
The company has encountered 1.21 g/t gold over 16 m in hole DD-045, 1.32 g/t gold over 32 m in hole DD-047, 2.07 g/t gold over 18 m in hole DD-049, 15.88 g/t gold over 10 m in hole DD-051 and 2.56 g/t gold over 20 m in hole DD-053.
Riverstone has expanded the mineralization at Kao by 100 m towards the northern part of the overall strike of more than 1,000 m north-south and over 900 m of down-dip towards the east. The Kao deposit is exposed towards the west, north-east and the south. The company has to drill test many satellite zones and continue drilling at Kao deposit using two core and RC rigs.
Dwayne L. Melrose, Riverstone’s COO and President, stated that the company is delighted to cut high-grade gold over considerable thickness and expand the zone mineralization towards the northern part. He added that the drilling results have demonstrated the Kao deposit’s upside capacity and the company will follow up the drilling results continuously with additional drilling along the strike that will possibly up-grade the upcoming resource model.
Further drilling of more than 43,000 m has been completed at the Karma project. The drilling results may be added to the total resource of the five deposits at the Karma project.
Source: http://www.riverstoneresources.com/