Surface work by SearchGold Resources (RSG-V) on its Bakoudou property in southeastern Gabon has defined a 3-km-long corridor of gold showings extending northwest and southeast from the property’s known Zone A gold deposit.
Prospecting and soil geochemistry in the corridor show two areas of suface gold showings and anomalously high gold in soils to the northwest of Zone A, and a third area south of Zone A. SearchGold found the gold anomaly mapped in soils over Zone A is continuous for about 2 km, mainly to the northwest of the zone.
The corridor of showings ends near Bakoudou village, where previous small-scale mining has been done by local people. Quartz boulder samples mainly returned gold grades in the 1-gram to 3-gram range, but the highest value was 34.5 grams per tonne.
Boulder sampling in an area about 1 km northwest of Zone A returned grades of 1 to 14.1 grams gold per tonne. Boulders and bedrock outcrops sampled south of Zone A had gold grades in the 1- to 2-gram range.
The company plans further surface work to better define drill targets.
SearchGold has been drilling Zone A in concert with a feasibility study for a potential open pit mine. The zone carries an oxide resource of 2.1 million tonnes grading 2.5 grams gold per tonne and a sulphide resource of 570,000 tonnes grading 6.1 grams. Both resources combine measured and indicated mineralization.
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