South Benso fills out

Follow-up drilling by St. Jude Resources (SJD-V) at the South Benso gold property in Ghana has extended the Subriso East zone to surface.

Five holes were sunk in Hill B to test up-dip projections of mineralization outlined in earlier drilling. The holes were collared 20-30 metres apart and yielded the following results:

• 10 metres (starting 9 metres down-hole) grading 5.93 grams per tonne, in hole 113;
• 11 metres (starting at 10 metres) grading 17.31 grams, in hole 114;
• 15 metres (starting at surface) grading 5 grams, in hole 115;;
• 8 metres (starting at 5 metres) grading 11.9 grams, in hole 116; and;
• 10 metres (starting at 5 metres) grading 6.35 grams, in hole 117.

Hill B is one of several parallel ridges making up the Subriso East zone. The zone itself is one of three separate but similar ones in which over 100 holes have been drilled to date.

Mineralization at all three zones is hosted by sheared Birimian metavolcancis of the Ashanti belt and appears in the form of fine particles of gold in association with disseminated sulphides.

Drilling has now shifted to the Subriso Central and Subriso West zones. Once complete, all of the results will be incorporated in a resource estimate.

A second rig is being sent to the adjoining Hwini-Butre concession to the south, where nearly one million ounces have been outlined. The resource is divided among 5.97 million tonnes of “in-situ” material averaging 3.79 grams and 5.66 million tonnes of eluvium and reworked surface material averaging 1.14 grams.

Mineralization is associated with shearing in diorite and granodiorite. The shear zones are characterized by quartz-veining and minor sulphide mineralization.

Watts, Griffs and McOuat Ltd. calculated the resource.

St. Jude can earn a 60% interest in South Benso and a 65% stake in Hwini-Butre.