Trench samples taken by
Three trenches on Lugushwa’s G20 prospect were mineralized across surface widths of 96, 99, and 84 metres. The widest zone was also the highest-grade, averaging 4.4 grams gold per tonne. The other two trenches had average gold grades of 1.7 and 2 grams per tonne.
The grades are consistent with a previous resource calculation of 37 million tonnes grading 2.3 grams gold per tonne.
The mineralization is a quartz vein and stockwork system that runs northeast, with the veins striking both northeast and northwest.
Banro is investigating gold showings along a 1-km line of hills on the Lugushwa property, exposed by small-scale mining. Five prospects — G20, G21, D18, D19 and Mapale-G7 — are known along the mineralized corridor. These join up with a sixth prospect, Simali, to make a total strike length of 3.2 km where soil samples mark out both the surface showings and a couple of soil anomalies, including a zone 400 metres long and 150 metres wide.
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