Vancouver – With the right to earn an 85% stake in the 240-sq.-km Kouroussa gold property, Cassidy Gold (CDY-V) is aiming to expand the Koekoe gold-in-soil anomaly on the West African project.
Located in the Siguiri region of the Republic of Guinea, the property hosts the Koekoe South anomaly, which comprises a 1.5-by-1.5 km area with gold values exceeding 0.1 gram gold per tonne. Included in this zone is a higher grade core measuring 500 by 500 metres with grades averaging 0.97 gram gold per tonne.
Cassidy plans on extending the grid to the south, as well as prepare a property report in compliance with National Instrument 43-101.
A second target area 1 km northwest of Koekoe South, Sodyanfe, is another gold zone in soils, defined by 213 samples collected on a 25-by-50 metre spacing. The samples returned a average grade of 0.49 gram gold per tonne with the highest value coming in at 8.63 grams.
The Kouroussa property contains the favourable Birimian volcanic-sedimentary formations that host West Africa’s largest gold deposits, including the Siguiri, Lero-Karta, and Kiniero gold mines in Guinea.
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