Indigo Exploration Inc. has provided results from the 13 hole July 2011 diamond drilling program on its Moule gold permit in Burkina Faso, West Africa. Drilling was focussed on Vein 3 and Vein 2.
Key points are:
- Indigo intersected 11.02 gpt Au across 1.77 metres, approximately 40 metres below the previously reported drill intersection of 29.67 gpt Au across 7 metres, confirming continuity to depth.
- Vein 3 shows lateral continuity for 350 metres and is open northward.
- Indigo intersected 6.16 gpt Au across 3.10 metres at the southern end of Vein 3, approximately 1,400 metres south of the 1.77 metre intercept of 11.02 gpt Au.
- Indigo intersected 0.47 gpt Au across 13.07 metres, including 1.12 gpt Au across 3.25 metres in one of the three holes completed on Vein 2.
- The reverse circulation phase of the program is scheduled to commence in November to follow up on Vein 2, Vein 3 and Z1 results at Moule and initially test Prospect 1 at Lati.
- Plans and selective sections can be found under the current exploration section on the Indigo Website: http://www.indigoexploration.com/index.php/location-burkina-faso
The July 2011 diamond drill program consisted of 10 holes at Vein 3 and 3 holes at Vein 2. Visible gold was noted in hole MODD-02.
The November 2011 RC program will focus on testing Vein 3 and Vein 2 along strike and testing Z1 (Zelingpe 1) along strike and at depth.
Initial drilling on Lati will focus on the two new soil anomalies discovered on Prospect 1. These anomalies are 4.75km long by 100-750m wide and 1.5km long by 250-350m wide respectively, with values generally between 25 and 5,000 ppb Au. The soil anomalies coincide with portions of the two known artisanal sites and a newly developing site lying on strike between the two known sites.
Indigo's President, Tim Henneberry, said: "The July 2011 diamond drilling program indicates continuity of gold mineralization to depth and along strike at Vein 3. The initial Vein 2 drilling results warrant a systematic reverse circulation program. Indigo management continues to be encouraged by exploration results and looks forward to further success in late 2011 and 2012."
All samples were initially analyzed by 50 gram fire assay. The widths and grades reported are drill intercept widths and may not represent the true width of mineralization. Samples are from diamond drill core and sawn in half, with 1/2 of the core retained and the other half bagged and sent to the lab for analysis. The primary laboratory is ALS Chemex in Ouagadougou, an ISO 17025 certified laboratory. Standard, blank and duplicate samples were inserted throughout the sample sequence as quality control checks. Paul Cowley, P.Geo., director of Indigo, is the qualified person for the drilling campaign.
The Kodyel, Loto and Moule properties lie 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: www.indigoexploration.com