Indigo Exploration Inc. (TSX VENTURE:IXI) has completed a systematic surface grab sampling program over the Zelingpe 2 target on its Moule Permit, Burkina Faso, West Africa.
Results from the 1.1 kilometre by 700 metre grid over the target show significant multiple anomalous gold trends that range from 25 metre to 150 metres wide. Sixty-eight grab samples within the trends returned values between 1 gram/tonne (g/t) gold and 38.6 g/t gold. The 3,000 metre reverse circulation drill program on Zelingpe 2 currently underway has been expanded to 5,000 metres because of the new grab sample results.
At Zelingpe 2, there are substantial amounts of quartz fragments with limonitic fracture fillings lying on surface along its trend (quartz float). Grab samples were systematically taken at 25 metre centres over an area 1.1 kilometres long by 700 metres wide, with each sample representing a composite of quartz float material collected within a 10 metre radius of each grid point. In this manner, values are averaging grade over a larger area than from a single point sample. 17.70% of the total 1116 samples returned gold values >0.1 g/t gold to a maximum of 38.6 g/t gold. 6.1% of the samples returned values in excess of 1.0 g/t gold and 1.1% of the samples returned values >5g/t gold.
Indigo's President, Tim Henneberry, said: "We are very pleased with the high proportion of elevated gold values and the multiple wide trends developing on this target. The sampling has strengthened the drill target considerably. As we are currently drilling this target, we are able to take advantage of these encouraging results, by expanding the drill program immediately."
Moule Permit
The Moule Gold Permit covers 249 square kilometres of prospective Birimian greenstone geology. Much of West Africa is underlain by the Birimian Greenstone Belt, one of the most prolific gold producing areas in the world.
Indigo geologists have identified multiple prospective targets for bulk tonnage gold systems, based on the artisanal workings combined with previous sampling programs. To date, there has been property-wide mapping and sampling of quartz veining and quartz float. Efforts have been focused on the 7 kilometre by 6 kilometre Zelingpe area where a soil grid, detailed mapping and local induced polarization (IP) survey have identified multiple linear targets untested by drilling. Rock sampling on this grid returned 46 of 480 grab samples with gold values between 1 g/t Au and 16.5 g/t Au. The Zelingpe 1 target is a plus 1 kilometre long chargeability anomaly covered by laterite capping with associated fringe artisanal workings. The Zelingpe 2 target is a 500 metre wide northwest trending corridor, traceable for at least 1.6 kilometres, where multiple shear zones and parallel multiple quartz float trends have coincident chargeability, elevated gold soil anomalies and local artisanal workings. The Zelingpe grid has several other targets untested by drilling to date. In addition, other kilometre long quartz trends on the property with elevated gold values in soils and rocks and local artisanal workings are worthy of future attention.
Indigo is earning a 100% interest, subject to a 1.5% Net Smelter Return (NSR) royalty in the Moule Gold Permit by making cash payments totalling US$410,000 over 3 years. Indigo retains the right to purchase the entire 1.5% NSR for US$1,800,000.
The Moule property lies in the West African nation of Burkina Faso. Much of West Africa is underlain by the Birimian Greenstone Belt, one of the most prolific gold producing areas in the world. Many of the world's major gold companies are active in West Africa, several with producing mines, including: IAMGOLD Corporation, AngloGold Ashanti Limited, Randgold Resources Limited, Gold Fields Limited and Newmont Mining Corporation. Burkina Faso is politically and economically stable and relies on farming and mining as it primary sources of revenue. Burkina Faso saw gold production double from 2008 to 2010 and is currently the 5th largest gold producing country in Africa.
Source: Indigo Exploration Inc.