Business

Final AC Results Deliver Best Assays at Bassala

Final AC Results Deliver Best Assays at Bassala.

articlePanthera Resources PlcSeptember 30, 20215/company/panthera-resources-plc/news/final-ac-results-deliver-best-assays-at-bassala
Final AC Results Deliver Best Assays at Bassala

About this update from Panthera Resources Plc

[{"type":"text","content":"\n \n \n \n RNS Number : 4753N\n Panthera Resources PLC\n 30 September 2021\n  \n \n \n \n 30 September 2021\n \n \n  \n \n \n  \n \n \n Panthera Resources Plc\n \n \n (\"Panthera\" or \"the Company\")\n \n \n  \n \n \n Final Aircore Results Deliver Best Assays at Bassala\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 that the final assay results of the Aircore (AC) drilling at the Bassala gold project have now been received.  \n \n \n  \n \n \n The AC results have confirmed the presence of additional significant gold mineralisation in the northern part of the project area, associated with a linear chargeability high and artisanal workings, where an intercept of 20m @ 2.11g/t Au from 10m has been returned, including 10m @ 3.79g/t Au from 20m. \n \n \n  \n \n \n Highlights\n \n \n · \n Significant drill intercepts from the 5m composite samples include:\n \n \n o  \n 20m @ 2.12g/t Au from 10m incl. 10m @ 3.79g/t Au from 20m.\n \n \n o  \n 6m @ 1.59g/t Au from 70m (end of hole).\n \n \n o  \n 5m @ 1.41g/t Au from 35m (end of hole).\n \n \n · \n These new drill results now confirm mineralisation in the northern part of the licence, most of which is planned to be drilled later in the year.\n \n \n · \n Best results are in an area associated with a strong chargeability high over 6km in length and with significant intermittent artisanal workings.\n \n \n · \n All areas tested to date have returned significant gold mineralisation, confirming the targeting methodology is effective.\n \n \n · \n The assays for four Reverse Circulation (RC) drill holes are pending.\n \n \n · \n The remaining nine of the 22 targets identified at Bassala, primarily in the north, are planned to be drilled after the wet season.\n \n \n  \n \n \n Commenting on the announcement, Mark Bolton, Managing Director of Panthera said:\n \n \n  \n \n \n \"These assay results continue to expand the mineralised area at Bassala, with mineralisation at all targets drill tested to date confirming that our targeting techniques are effective.  Good grade mineralisation has now being shown over a strike of some 5.5 kilometres.  \n \n \n  \n \n \n The drill assay results, which i...

More updates from Panthera Resources Plc