African Gold Group Announces Significant Intersections Including 41.80 G/T Au and 19.70 G/T Au in Its Ongoing Phase 4 Dril Ing Campaign
January 13, 2021 at 07:16 am
African Gold Group, Inc. is pleased to provide an update on the ongoing exploration drilling programme and the recent significant drilling results at the Kobada Gold Project on its Phase 4 infill drilling programme targeting an upgraded resource model in early 2021. To date, the Company has drilled 6,257.50 metres of combined Diamond Drilling ("DD") and Reverse Circulation ("RC") with encouraging results continuing to show deeper than anticipated extensions of the
orebody. The company has completed Phase 4A drilling aimed at upgrading the inferred resource in oxides at the
northern extension of the current pit design at Kobada concessions. After evaluating the results, the company intends to continue with Phase 4B and C, aiming at the conversion of the majority of the 575,000 ounces of inferred oxide resources. The technical team is encouraged with the large number of high-grade. intersections at very shallow levels, as well as at deeper levels, but still in the "soft-rock" saprolite, which extends deeper than originally anticipated, thereby increasing the volume of the known orebody.