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