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MetalsGrove Mining (ASX:MGA) has started systematic soil sampling on the Vavoua PR-454 permit within its Central West gold project in Côte d’Ivoire, which straddles a regional-scale ‘gold trend’ defined by historical gold-anomalous auger samples to the southwest and gold-anomalous lag samples to the northeast.
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The 3.8 million ounce Abujar gold mine is located 65 kilometres to the southwest on the same continuous anomalous ‘gold trend.’ An initial 600 soil sample program is planned on an 800 metre by 800 metre grid after the company ran several successful community consultation meetings.
MetalsGrove’s managing director and CEO, Lijun Yang, said a seven-kilometre-long east-west traverse of 200m-spaced soil samples is also planned along a section of a newly constructed highway that traverses the permit.
“The commencement of systematic soil sampling at the Vavoua PR-454 permit represents another key step in advancing our Central West gold project,” he said.
Mr Yang added, “The presence of an intact residual soil profile provides excellent conditions for effective soil geochemistry and enhances our ability to identify coherent gold anomalies. In addition, the planned sampling along the new highway, where multiple quartz veins are exposed in road cuttings, provides an efficient opportunity to rapidly assess the gold potential of this emerging target area.”
The Central West project, comprising the Gemica JV and Stellar JV permits, covers a combined 1,315 sq. km and is strategically situated along the Abujar–Napié gold trend in the Oumé– Fetekro Birimian greenstone belt.
Earlier this month, MetalsGrove announced that initial sampling on Stellar JV Zuénoula permit PR-750 had defined a significant cluster of three gold anomalous soil samples coincident with a NE-trending magnetic feature interpreted to reflect a mafic volcanic unit intruded by an elongated granite.
MGA is up +3.7%, to 14cps on Thursday.
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