High River Gold (HRG-T) is nearing completion of an infill drilling program, part of a US$2-million feasibility study, at the Taparko gold project in northeastern Burkina Faso.
The Toronto-based company reported results from an additional 36 holes at Taparko, the latest tranche of holes in the diamond drill program. Assay results are pending for the final three of 66 infill holes drilled to upgrade resources at the 3/5 and GT zones.
To date, 80 holes have been drilled at GT, whereas 124 diamond drill holes have been sunk at zone 3/5. The program is aimed at substantiating a resource calculation for the two deposits of 1 million oz. gold. Once all results from the latest drilling are in hand, consulting firms Rescan and SRK will incorporate them into a new gold resource calculation. Meanwhile, the feasibility study for Taparko remains on schedule and on budget.
Selected results from recent drilling include: 26.9 metres grading 2.7 grams gold per tonne; 17.5 metres of 1.78 grams; 25.7 metres of 5.75 grams; 14.5 metres of 1.94 grams; 8.2 metres of 3.36 grams; 20.3 metres of 1.17 grams; 24.7 metres of 2.8 grams; 19.3 metres of 5.12 grams. Other intervals returned values ranging from less than 1 gram over 5.5 metres to 14.39 grams over 6.2 metres.
High River is also awaiting the results of diamond drilling that is further testing a zone discovered north of zone 3/5. That drilling is designed to confirm encouraging results recovered from recent reverse air-blast (RAB) drilling.
In other news, the company retained Strathcona Mineral Services as advisors on matters related to the feasibility study, the resource and development opportunities at Taparko.
High River also is active in the Far Eastern Russia, where it is a partner in a producing gold project.
Be the first to comment on "High River advances Taparko"