Drilling is under way at the Baroya property in western Mali.
Operator Robex Resources (RBX-M) will drill-test several geochemical and geophysical targets, which occur along two linear features: a southwest-striking area with small-scale gold workings and persistent quartz veining in the southern part of the property; and a zone of elevated gold concentrations in soil in the northeastern part of the property.
This second of the two zones is northwest along the strike of a mineralized zone on the neighboring Segala concession, where Oliver Gold (OGO-V) is earning a 50% interest from Consolidated Mining. The Segala deposit contains an 11-million-tonne resource grading 3 grams gold per tonne.
Baroya is a joint venture of Robex, Alpine Exploration (AXC-V) and Somex, a private Malian company. Robex has a 25% interest, Alpine 65%, and Somex 10%.
At the Diangounte and Kata concessions, near Sadiola, Robex has arranged to increase its interest to 85% from 51%. Under the revised property agreement Robex will pay another $500,000 cash and has increased its work commitment to $3 million.
The concession’s centrepiece, the Dialaki prospect, is about 30 km southwest of the Sadiola Hill mine operated by Anglo American and Iamgold (IMG-T).
At Dialaki, a north-striking corridor of gold showings has been traced for 3 km in an area where earlier geochemical surveys revealed high gold concentrations in surface soils. The geochemical expression of the Dialaki mineralization is about the same size as that of the soil anomaly over Sadiola Hill, and the contrast between background and anomalous values is similar.
Robex has been trenching gold showings in the corridor and expects to have assay results soon.
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