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Update on auger drilling at Homase-Akrokerri
Update on auger drilling at Homase-Akrokerri.
About this update from Goldstone Resources Limited
[{"type":"text","content":"\n \nRNS Number : 9281V Goldstone Resources Ltd 03 February 2017 \n\nPlease click or paste the following link into your web browser to view the announcement below with images:\n \nhttp://www.rns-pdf.londonstockexchange.com/rns/9281V_1-2017-2-2.pdf\n \n \n3 February 2017\n \nGOLDSTONE RESOURCES LIMITED\n(\"GoldStone\" or the \"Company\")\n \nUpdate on auger drilling at Homase-Akrokerri, Ghana\n \nGoldStone Resources Limited (AIM: GRL), the AIM quoted company focused on gold exploration in Central and West Africa, announces the results of a short shallow auger drilling programme completed to test areas parallel to the existing JORC Code compliant resource for Homase-Akrokerri. As part of an ongoing review by the Company of the historical database for the Homase and Akrokerri licences, which has included a review of the Versatile Time-Domain Electromagnetic (\"VTEM\") survey and historical soil geochemistry carried out in 2012, the Company has identified nine targets and has now completed an augur drilling programme, consisting of 304 metres from 140 auger holes, testing three of these anomalies.\n \nHighlights\n· Ongoing review of the extensive historical database relating to the Homase and Akrokerri licences, including a review of the 2012 VTEM survey\n· Augur programme undertaken to test three of the initial nine targets identified from the review of the 2012 VTEM survey comprising\n- 36 holes sampling 86 metres at Akrokerri (Eureka SW)\n- 104 holes sampling 218metres at Homase (Eureka and Eureka NE)\n· Assay results from all three targets demonstrate some degree of gold anomalism\n· Two zones of particular significance\n- Eureka, with marked anomalism over a strike of at least 200 metres and possibly indicating the potential of a 400 metre long geophysical anomaly\n- Eureka SW, with an anomalous zone >15 ppb Au identified over a distance of 300 metres\n· These results will be integrated into the 2017 drilling programme which will focus on resource conversion drilling, expanding the existing Homase resource and will also targe...