PMI outlines targets in southeast Ghana

Vancouver – PMI Ventures (PMV-V) has slated over twelve targets for follow-up based on a structural analysis of its southeast Ghanaian concessions in West Africa. The eight concessions cover 380 square km along the Asankrangwa gold belt.

SRK Consulting’s Phase 2 report examines the structural setting of gold mineralization over PMI’s concessions. Structural geologists conducted field mapping of road and rail cuts and re-interpreted diamond drill results.

The work focused in the Fromenda Main zone and Gemap’s Kukunapi areas which has seen most of the diamond drilling.SRK’s work included data compilation, computer modeling, field mapping and relogging of drillcore.

The study found that gold mineralization at the Fromenda Main zone is hosted in a deformed mafic intrusion near the southeastern contact between the intrusion and the metasediment sequence. The mafic intrusion is spatially associated with a marked magnetic susceptibility high that extends for over one km to the northeast and which has only seen limited prospecting so far.

PMI’s follow-up exploration will entail geophysics, reverse circulation pilot holes and eventual diamond drilling of each target.

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