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IP Survey Adds High Priority Targets at Kalaka
IP Survey Adds High Priority Targets at Kalaka.
About this update from Panthera Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1515J\n Panthera Resources PLC\n 19 August 2021\n \n \n \n \n 19 August 2021\n \n \n \n \n \n Panthera Resources plc\n \n \n (\"Panthera\" or \"the Company\")\n \n \n \n \n \n IP Survey Adds High Priority Targets at Kalaka Project\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 \n that its associate company, Moydow Holdings Limited (\"Moydow\") has completed the expanded Induced Polarisation (IP) survey \n at the Kalaka Project in Mali. The survey has enhanced the definition of existing targets as well as identified several additional targets, in particular in the east of the survey area to the east of a prominent interpreted package of graphitic sediments.\n \n \n \n \n \n Highlights\n \n \n · \n Extension IP survey completed - 150 line kilometres\n \n \n · \n Several new high order chargeability highs indicating possible disseminated sulphides at depth\n \n \n · \n The largest anomalies exceed 4km in strike length\n \n \n · \n Many chargeability highs are associated with geochemical anomalies and artisanal mining activity\n \n \n · \n A drill rig has been secured to drill test the highest priority anomalies after the wet season later in the year\n \n \n \n \n \n Commenting on the announcement, Mark Bolton, Managing Director of Panthera said:\n \n \n \n \n \n \"The IP geophysical technique has been proven to be a highly successful targeting tool on all of our West African gold projects. The enhanced definition of existing drill targets at Kalaka is highly encouraging and the identification of additional targets to the east of an interpreted package of graphitic sediments adds an entirely new mineralisation trend. \n \n \n \n \n \n We now have over 20 walk-up drill targets defined by chargeability highs (suggestive of sulphide alteration zones) with support from resistivity highs, geochemistry, other geophysical techniques and/or previous explorer drilling. \n \n \n \n \n \n We look forward to our maiden drilling programme at this project immediately following the conclusion of the current wet season in Mali.\"\n \n \n \n \n \n A PDF version of the announcement, inclusive of images, can be found on the...