Business
Project Update, Chad, Central Africa
Project Update, Chad, Central Africa.
About this update from Atlantic Lithium Limited.
[{"type":"text","content":"\n \nRNS Number : 6406X IronRidge Resources Limited 23 February 2017 \n\n23 February 2017\n \nProject Update, Chad, Central Africa\n \nIronRidge Resources Limited (AIM: IRR or 'IronRidge') and Tekton Minerals Pte Ltd (combined the 'Company') are pleased to provide an exploration update on its project portfolio in Chad, Central Africa.\n \n \nHIGHLIGHTS:\n \n· 4km trenching programme commenced at the Dorothe gold prospect to test the broader 3x1km mineralised zone defined by extensive artisanal workings\n· Regional geological interpretation completed over Ouaddaï South region by SRK Consulting (UK) Ltd, defining potential structural and lithological controls on known mineralisation; multiple targets defined\n· Reconnaissance rock chip sampling at Nabagay returns results of 34.1g/t, 3.76g/t, 2.53g/t and 1.9g/t gold over a newly defined target from the regional structural interpretation\n· Reconnaissance soil sampling defines potential strike extensions and repeated structures at the high-grade Am Ouchar gold prospect\n· The Company is reviewing and prioritising follow-up field programmes subsequent to the completion of the trenching programme at Dorothe\n \nCommenting on the Company's latest progress, Vincent Mascolo, Chief Executive Officer said: \n \n\"High-grade gold rock-chip results up to 34.1g/t gold have been received from a new target area that was defined via regional geological interpretation completed by independent consultants, SRK Consulting (UK).\"\n \n\"The structural interpretation has been vindicated by a grass-roots gold anomalies without the presence of artisanal workings and provides a valuable platform for future exploration growth.\"\n \n\"A major 4km trenching programme utilising an excavator has commenced at Dorothe to assess the grade, width and strike potential of the extensive artisanal workings mapped over a 3x1km area.\" \n \n\"Reconnaissance soils have defined potential strike extensions and structural repetitions to the high-grade Am Ouchar prospect, where previous trenching has returned significant results including 20m @ 6.8g/t, 16m @ 4.7g/t and 12m @ 5.7g/t gold.\"\n \nChad Project Portfolio\nThe ...