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Geophysical Survey Commissioned For Gold Discovery
Geophysical Survey Commissioned For Gold Discovery.
About this update from Hamak Strategy Limited
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES, ANY TERRITORY OR POSSESSION THEREOF OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.\n \n \n \n 6 February 2023\n \n \n Hamak Gold Limited\n \n \n (\"Hamak Gold\" or the \"Company\")\n \n \n \n Geophysical Survey Commissioned Over High-Grade Gold Discovery\n \n \n \n Hamak Gold Limited (LSE: HAMA) is pleased to announce that it has commissioned a geophysical survey over the Ziatoyah Prospect on the Company's 100% held Nimba Licence in Liberia. The Ziatoyah Prospect has an extensive gold in soil anomaly where initial core drilling over artisanal workings with high-grade channel sample results, yielded a significant high-grade gold interceptnear surface.\n \n \n \n Highlights\n \n \n \n ·\n Consulting group GeoFocus retained to conduct detailed Induced Polarisation (\"IP\") geophysical survey.\n \n \n \n \n \n ·\n Objective is to map the mineralized sulphide bearing metadolerite units that recently yielded significant drilling results of 20m @7g/t Au, including 5m @21gt Au.\n \n \n \n \n \n ·\n The survey will be expanded over the related 3000m x 1000m gold in soil anomaly to define the sub-surface mineralized units and to define and prioritise future drill targets to test the geophysical targets generated.\n \n \n \n \n \n \n Karl Smithson, Executive Director of Hamak Gold commented: \n \n \n \n \"The Induced Polarization (\"IP\") geophysical survey is the next step in defining the possible extent of the high-grade gold intersections recently discovered at Ziatoyah by the Company. The initial survey will focus on the immediate discovery area and then expand outwards to cover the extensive gold in soil anomaly that has been defined by detailed geochemical sampling. Our objective is to generate new drilling targets that can lead to further expansion and definition of the high-grade gold intersections already made.\"\n \n \n \n Geophysical Survey\n \n \n \n The gold mineralization intersected at Ziatoyah in recent drilling and observed in outcrop of the mineralize...