Business
Bassala Project Operational Update
Bassala Project Operational Update.
About this update from Panthera Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7502B\n Panthera Resources PLC\n 12 October 2020\n \n \n \n \n 12 October 2020\n \n \n \n \n \n Panthera Resources plc\n \n \n (\"Panthera\" or \"the Company\")\n \n \n \n \n \n Bassala Project Operational Update\n \n \n \n \n \n Panthera Resources Plc (AIM: PAT), the diversified gold exploration and development company with assets in West Africa and India, is pleased to announce its plans to recommence fieldwork at its Bassala Project located in southwestern Mali, approximately 200km south of the capital city Bamako.\n \n \n \n \n \n Highlights\n \n \n · \n Entered into agreements with suppliers to commence fieldwork in early November\n \n \n · \n Results from planned fieldwork programme due by end of December 2020\n \n \n · \n Programme to define and rank drill targets for testing during H1 2021\n \n \n · \n High-grade intersections from previous drilling and artisanal workings\n \n \n · \n Located within 5-8km of Kalana (Endeavour, 4Moz) of Kodieran (Wassoul'or, 2Moz) mines\n \n \n \n \n \n A PDF version of the announcement, inclusive of images, can be found on the Company's website or by following the links below:\n \n \n \n \n \n http://www.rns-pdf.londonstockexchange.com/rns/7502B_1-2020-10-12.pdf\n \n \n \n \n pantheraresources.com/news/regulatory-news/\n \n \n \n \n \n \n \n Following the end of the wet season and the easing of COVID-19 restrictions, an initial field visit to the Bassala site is currently in progress to assess the current access situation and to obtain clearance from local officials to start the detailed work programme on or about the end of October. \n \n \n \n \n \n A programme of extensional soil sampling and regolith mapping is proposed to start in late October and to be concluded by early December. In conjunction with the work programme, a ground magnetic survey has been commissioned to cover the entire tenement area using local geophysical contractor EurekaGeo Geoscientist Consultants (EGC). This programme is due to commence in early November and is expected to complete within that month.\n \n \n \n \n \n These work programmes aim is to define and rank drill targets for a drilling programme which is expected to commence in the first half of 2021.\n \n \n \n \n \n Background to the Bassala Li...