Canada-based gold exploration company PMI Gold Corporation reports that further anomalous gold results have been received from auger drilling to the north of the Kubi forest zone at the Kubi gold project, in Ghana.
These results indicate that recent auger sampling carried out by PMI has delineated gold anomalies over a 5 km strike extent of the Ashanti and Kubi shears.
Consistent with results reported furiron ore crushing screening equipmentther south, the new anomalies have gold concentrations in excess of 2 g/t in saprolite clays.
<piron ore price chart for 56fe>The auger anomalies occur as a multiple series of north–east trends within the corridor bound by the Ashanti and Kubi sheprice list of premier product in saravana storesars. Extensions of auger sample lines indicate that well-defined gold anomalies extend to the west of the Ashanti shear. These findings suggest that gold-bearing structures may occur as a more complex array than originally considered, broadening the over- all prospect.
The results provide a series of drill targets that can be followed by a combination of air-core and reverse-circulation drilling to explore for shallow gold mineralisation in the bedrock as sources of the gold anomalism. Drilling will start this year.
Previous exploration at Kubi indicated a measured resource of 0.66-million tons, grading 5.30 g/t for 3 175 kg of gold, an indicated resource of 0.66-million tons, grading 5.65 g/t for 3 430 kg of gold and an inferred resource of 0.67-million tons, grading 5.31 g/t for 3 260 kg of gold.