- Amani Gold (ANL) kicks off a diamond drilling campaign at the Kebigada gold deposit of its Giro Gold Project in the Democratic Republic of Congo
- The program will consist of eight drill holes across the central and eastern Kebigada ore body, to further define the existing resource and test extensions to mineralisation
- The campaign marks the first drilling since quarter four of 2019 and the company expects it to be complete by early 2022
- Shares in Amani Gold have been trading steady at 0.1 cents each
Amani Gold (ANL) has kicked off a diamond drilling campaign at the Kebigada gold deposit of its Giro Gold Project in the Democratic Republic of Congo.
The project comprises two exploration permits covering 497 square kilometres and lies within the Kilo-Moto Belt, which Amani said is a significant, under-explored greenstone belt.
Randgold Resources’ 17 million-ounce Kibali group of deposits is located in this area, within 35 kilometres of Giro. The nearby Kibali Gold Project produces more than 600,000 ounces of gold per year.
In September, Amani raised $7 million to fund the development and commercialisation of the Giro project.
With that cash in hand, Amani’s 3500 metre drilling program will consist of eight drill holes across the central and eastern Kebigada ore body.
Drilling will aim to further define the existing 4.1 million ounce gold resource and test for extensions at depth and along strike.
In particular, the program will test the continuity of identified mineralisation along strike of the central ore body confirmed in previously drilled diamond holes.
At the eastern ore body, the company aims to test depth extensions of broad mineralised
zones that were outlined in previous reverse circulation drilling completed in 2017 which included grades of up to 14.7 grams of gold per tonne.
This campaign marks the first drilling since quarter four of 2019 and Amani expects drilling to be complete by early 2022.
Shares in Amani Gold were trading steady at 0.1 cents as of 11:38 am AEDT.