Business
Bido Project Operational Update
Bido Project Operational Update.
About this update from Panthera Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2019F\n Panthera Resources PLC\n 13 November 2020\n \n \n \n \n 13 November 2020\n \n \n \n \n \n Panthera Resources Plc\n \n \n (Panthera or the Company)\n \n \n \n \n \n Bido 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 Bido Project, located in the prolific Boromo greenstone belt within the Birimina terrain of Burkina Faso. \n \n \n \n \n \n Highlights\n \n \n \n \n \n · \n Geochemical survey to be conducted in the south-central area of the licence\n \n \n · \n Programme to define and rank additional drill targets\n \n \n · \n Multiple gold prospects identified across the Licence area including extensive historical artisanal workings\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 \n \n http://www.rns-pdf.londonstockexchange.com/rns/2019F_1-2020-11-13.pdf\n \n \n \n \n \n \n www.pantheraresources.com/news/regulatory-news/\n \n \n \n \n \n \n \n Following the recent award of the new Bido Licence as announced on 6 October 2020, a field visit to the Bido site is currently in progress to assess the access to the survey area and to obtain clearance from local officials to commence a full fieldwork programme.\n \n \n \n \n \n An initial programme of soil sampling and regolith mapping is proposed to start later in November and to be concluded by late January 2021. The programme is anticipated to comprise 1350 samples and cover an area of approximately 12 km2. In addition, the Company is currently evaluating various plans to undertake geophysical surveys at Bido in the New Year.\n \n \n \n \n \n These work programmes aim to define and rank drill targets for a drilling programme which is expected to commence in the first half of 2021. This is in addition to other potential drill targets which have already been identified at the Bido Project including Kwademen and Kwademen South.\n \n \n \n \n \n Several high order gold in soil anomalies and artisanal workings are located on the northern edge of the survey area. ...