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High Grade Drill Intercepts at Julie and Josephine North, Wa Gold Project
RC/diamond drilling at Julie East expected to increase Mineral Reserves when Feasi...
About this update from Azarga Metals Corp.
[{"type":"text","content":"\n\n\n\n\nRC/diamond drilling at Julie East expected to increase Mineral Reserves\n when Feasibility Study update completed later in 2013. Intercepts\n include:\n\n3m @ 15.59 g/t Au from 73m (JURC761)\n\n2m @ 4.37 g/t Au from 84m (JURC762)\n\n5m @ 12.69 g/t Au from 68m (JURC763)2m @ 6.01 g/t Au from 94m\n\n8m @ 2.08 g/t Au from 94m (JURC764)\n\n4m @ 3.43 g/t Au from 79m (JURC765)\n\nRC drilling at the Josephine North prospect defines mineralisation\n beneath artisanal workings. Intercepts include:\n\n14m @ 2.18 g/t Au from 28m (JORC042)\n\n5m @ 1.87 g/t Au from 56m (JORC046)\n\n6m @ 4.79 g/t Au from 41m (JORC047) and5m @ 2.03 g/t Au from 65m and4m @ 1.90 g/t Au from 74m\n\n\n\"The combination of the impact of this recent infill drilling at Julie\n and especially the larger optimised Julie pits emanating from a\n considerably expanded and higher grade Julie Mineral Resource, is\n expected to result in a material increase in Mineral Reserves from the\n Wa East area when Azumah delivers its Feasibility Study update later in\n the year\" Azumah Managing Director, Stephen Stone said.\n\n\n\"The Josephine North results highlight the opportunity to define\n additional mineralisation in the Wa East region and to lift Mineral\n Resources that already comprise more than 50% of the Wa Gold Project\n inventory\". \n\n\nTORONTO, June 13, 2013 /CNW/ - Azumah Resources Limited (ASX: AZM)\n (TSX:AZR) (\"Azumah\" or \"the Company\") is pleased to report the\n completion of drilling at its Julie deposit which was aimed at\n facilitating the conversion to Mineral Reserves of a proportion of\n Inferred mineralisation likely to be captured in enlarged optimised\n pits following a recent 84% expansion of Mineral Resources and 30%\n uplift in overall grade.\n\n\nAzumah is also reporting the results of drilling at the Josephine North\n prospect which has successfully tested for mineralisation below a 400m\n long zone of artisanal workings.\n\n\nThe Julie deposit and Josephine prospect lie within the Wa East region\n of Azumah's Wa Gold Project in northwest Ghana (the \"Project\") where\n the Company has recently increased independently estimated and JORC &\n NI 43-101 compliant Measured and Indicated Mineral Resources to 1.36Moz\n Au and Inferred Mineral Resources to 0.85Moz Au (refer ASX/TSX release\n dated 15th January 2013).\n\n\nThe Company is ...