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Riverstone Resources Encounters Continuous Gold Intercepts at GGI Deposit

Riverstone Resources has announced the results from 19 diamond core holes drilled on its 90%-owned GGI Deposit. This deposit belongs to the part of Riverstone’s flagship Karma gold project located in Burkina Faso, West Africa.

The location of dril holes

The company has drilled these holes as a part of a drill program specifically designed to expand and validate the deposit towards depth, and to gather material for metallurgical testing.

The company intersected 1.37 g/t gold over 24 m in DD-11-025, 1.88 g/t gold over 16 m in DD-11-031, 1.40 g/t gold over 16 m and 1.32 g/t gold over 24 m in DD-11-033, 1.66 g/t gold over 12 m in DD-11-036, 2.15 g/t gold over 18 m in DD-11-049, 2.15 g/t gold over 40 m in DD-11-060, 1.73 g/t gold over 14 m, and 2.34 g/t gold over 26 m in DD-11-062.

Mineralization located at the GGI deposit continues towards the east-west direction for over 2,100 m and roughly 200 m down-dip in deep drilling regions. The deposit stays exposed in two directions along strike and towards depth. Limited drill program is carried out below 200 m depth in vertical direction.

Riverstone’s Chief Executive Officer and President, Dwayne L. Melrose stated that the company is encouraged with the drilling results received from the deposit, as continuous gold intercepts are encountered in the property. The company continued to cut high-grade gold mineralization at the GGI deposit and also encountered above average grade gold at its Kao and GGII deposits. It has drilled more than 85,000 m at the deposit, said Melrose.

Source: http://www.riverstoneresources.com/

G.P. Thomas

Written by

G.P. Thomas

Gary graduated from the University of Manchester with a first-class honours degree in Geochemistry and a Masters in Earth Sciences. After working in the Australian mining industry, Gary decided to hang up his geology boots and turn his hand to writing. When he isn't developing topical and informative content, Gary can usually be found playing his beloved guitar, or watching Aston Villa FC snatch defeat from the jaws of victory.

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