Business

DFR Gold Inc. Announces Commencement of Kalaka drilling programme

DFR Gold Inc. Announces Commencement of Kalaka drilling programme Canada NewsWire ...

articleDfr Gold IncJuly 10, 20233/company/diamond-fields-resources-inc/news/dfr-gold-inc-announces-commencement-of-kalaka-drilling-programme
DFR Gold Inc. Announces Commencement of Kalaka drilling programme

About this update from Dfr Gold Inc

[{"type":"text","content":"\n \n \n \n DFR Gold Inc. Announces Commencement of Kalaka drilling programme\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n July 10, 2023\n \n \n /CNW/ - DFR Gold Inc. (TSXV: DFR) (\"DFR\" or the \"Company\") is pleased to announce, with its joint venture partner Panthera Resources plc (AIM: PAT), the commencement of a drilling programme on the Kalaka Gold Project in\n \n Mali\n \n (the \"Drilling Programme\").\n \n \n Kalaka is a large gold system where multiple intersections exceeding 150 metres at greater than 0.5 g/t have been identified by previous diamond and RC drilling. The Drilling Programme will include:\n \n \n \n Approximately 1,500 metres of RC drilling to complement existing diamond and reverse circulation drilling at the K1A target which is intended to be utilised to define a Maiden Mineral Resource estimate\n \n \n Step-out drilling to the north will target an untested interpreted geophysical mineral trend\n \n \n Collection of samples for a metallurgical test programme.\n \n \n \n A broad soil anomaly above 30 ppb Au covers most of the metasediments on the tenement area and offers significant opportunity for further discovery and extension to known mineralisation. Historical drilling has consistently demonstrated significant wide gold intercepts at the K1A target, including diamond hole K1AD002 (\n \n 191.8m\n \n @ 0.52 g/t Au) and reverse circulation drill hole K1ARC028 (\n \n 117m\n \n @ 0.59 g/t Au including\n \n 41m\n \n @ 1.02 g/t Au).\n \n \n \n \n John McGloin\n \n , CEO of DFR, commented:\n \n \n \n \"While DFR has primarily focussed on the exciting pre-feasibility Cascades Gold Project in\n \n Burkina Faso\n \n , the Kalaka Project represents an exciting opportunity in\n \n Mali\n \n with large scale bulk-mineable gold potential.\n \n \n \"It is hoped that the metallurgical test work programme will demonstrate the positive economics of the project. The drilling programme is expected to be completed this month with results in the third quarter of 2023.\"\n...

More updates from Dfr Gold Inc