Posted in | Gold | Mining Business

Blox Announces Exploration Update on Mansounia Gold Project in Guinea

The Board of Directors of Blox, Inc. wish to provide shareholders with the following update from its Mansounia Gold Project in Guinea, West Africa.

Highlights:

  • Geological reconnaissance over central and southern Mansounia concession target areas was completed during first quarter of 2017.
  • Geological mapping of regolith identified extensive lateritic cover with minor outcrop containing insitu veining.
  • 19 rock chip / grab samples collected around minor local excavations in lateritic cover. Of the 19 samples 9 samples exceeded geological background values for the area of >=20ppb, representing 47% of the samples taken.
  • The recent program by Blox realised outcomes including sample number MR001 returning 1868ppb Au, sample number MR002 returning 483ppb Au and sample number MR010 returning 371ppb Au.

Source: http://bloxinc.com/

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