MetalsGrove continues to refine its understanding of the Zuénoula permit.
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  • Zuénoula permit consolidated into four principal prospects.
  • Two-rig, two-stage 10,000m auger drilling program planned.
  • Soil geochemistry defines seven potential drill targets.
  • Infill soil sampling programs continue across all four prospects.

MetalsGrove Mining (ASX:MGA) is testing seven new targets in a 10,000-metre auger drilling program at its Zuénoula permit in Côte d’Ivoire. The two-rig, two-stage program has been designed as a follow-up to promising results from systematic soil geochemistry programs, which identified multiple gold anomalies.

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That work has helped MetalsGrove consolidate the exploration targets at Zuénoula into four principal prospects following ongoing technical review and field verification of multiple gold anomalies identified.

MetalsGrove’s MD and CEO, Lijun Yang, said the auger drilling program is designed to test the bedrock potential beneath surface gold anomalies and represents a critical step towards AC, RC and diamond drilling later this year.

“The definition of seven potential drill targets marks an important milestone in our systematic exploration approach and highlights the growing scale and prospectivity of the project,” he told shareholders today.

“Several targets exhibit kilometre- scale strike lengths and remain open to further refinement through ongoing infill soil sampling.

“With more than 1,700 soil samples currently awaiting assay results, we believe there is significant potential to further expand these targets and discover more targets across the permit.”

The company has control of more than 1,300 square kilometres of prospective exploration tenure within Côte d’Ivoire’s Oumé- Fetekro greenstone belt and along the emerging Abujar–Napié gold trend.

“MetalsGrove is building a significant gold exploration footprint in one of West Africa’s most prospective gold regions,” Mr Yang told shareholders.

With rig mobilisation targeted for the end of June, drilling will focus on the Fifty-Five, Central and South East prospects.

The Fifty-Five prospect now incorporates the original Fifty-Five prospect and its northeastern extension, while the South East prospect combines the former Konezra prospect with the South East prospect.

The Central prospect and South West prospect remain unchanged from previous reporting.

Mr Yang said this refinement provides a clearer framework for exploration targeting and reflects the company’s growing understanding of the distribution and continuity of gold anomalism across the project area.

MGA is steady at 8.9¢. Mkt cap $13.47M.

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The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.

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