Having reduced exploration spending in Mexico and the U.S., Blue Ribbon Resources (BLO-V) is concentrating its efforts on the six properties it holds in Suriname.
The company has collected 5,130 samples from five of the concessions and will set about testing gold anomalies on each of them.
On the 18,200-ha Oelemari concession, 57 pan concentrate samples contained visible gold, with counts as high as 104 grains per pan. Twenty-nine samples contained more than 20 gold grains.
On the 10,000-ha Dijon concession, auger drilling in the 3-km-long Kwakakka Creek soil anomaly has confirmed the existence of a structurally controlled quartz vein system.
On the contiguous Bemau and Toeboeka concessions, soil sampling has led to the identification of six anomalous areas. Soil assays ran as high as 10.3 grams gold per tonne, with surface rock samples grading up to 16.8 grams.
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