Midlands Minerals has declared the latest drill results from the Mmooho target located on the Kaniago gold project in Ghana. In late 2011, the company had completed 29 reverse circulation drill holes amounting to 4,320 m in the Mmooho target.
The holes KNRC-11-029, KNRC-11-035 9 and KNRC-11-039 intercepted 9 m grading 1.12 gpt gold; 9 m grading 1.06 gpt gold and 16 m grading 1.05 gpt gold, respectively in the Mmooho target. These results along with the prior drill results of the Mmooho target validate the exploration possibility of the Mmooho target and ascertain the occurrence of a prospective bulk-minable gold deposit.
The Mmooho target is delineated by three parallel soil gold anomalies of more than 100 ppb gold that underline the likelihood of meeting parallel mineralized zones at depth. The Mmooho target is located within a North East-South West-oriented corridor of shearing that is enriched with gold. 3D modeling through Leapfrog software offered insight about the structure of the Mmooho deposit.
The deposit was drilled to a perpendicular depth of 120 m and along strike of 520 m. The auriferous sheeted quartz veins, which plunge at about 33o to the WNW, host the mineralization. Mineralization is constant at 0.7 gpt gold inside a gold mineralized shoot, and dips steeply to the SSW.
A number of reverse circulation holes in the initial stage of drilling had ended in mineralization and this has been construed as a parallel zone crisscrossed at 100-150 m drill depth.
Midlands’s President and CEO, Craig Pearman said that the latest drill results strengthen the company’s confidence to expand its drilling operations in this fast developing gold district. It also believes that the Kaniago project has a good potential to cultivate gold resources.
Source: http://www.midlandsminerals.com/