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Amani Gold (ASX:ANL) strikes 200-metre intersection at Kebigada gold deposit

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ASX:ANL      MCAP $25.14M
19 April 2022 09:35 (AEST)

Drilling at Kebigada. Source: Amani Gold

Amani Gold (ANL) has struck a 201-metre mineralised zone grading an average 0.97 grams per tonne gold within its Kebigada orebody.

The company received assay results from the second of eight diamond holes drilled at the 4.1-million-ounce (Moz) Kebigada deposit, which forms part of its Giro project in the Democratic Republic of Congo.

It returned a number of broad gold mineralisation zones within the existing orebody, including 201m at 0.97 g/t from surface containing a higher-grade intersection of 20.85m at 2.05 g/t from 82.2m.

Amani said drilling at depth also encountered a mineralised zone beyond the current resource and further drilling was planned to test the grade and extend of the mineralisation along strike.

“Our 2022 diamond drill program has continued to confirm broad zones of gold mineralisation within the existing orebody as well extensions to the existing 4.1Moz gold resource,” CEO Conrad Karageorge said.

“We look forward to updating shareholders with the results of the final six diamond holes and our reverse circulation (RC) drilling campaign.”

The company has completed three of the eight planned drill holes at the deposit.

Amani said preparation for the RC drilling program was continuing, with drilling anticipated to commence in May 2022 at potential satellite deposits Kebigada South-East and Congo Ya Sika.

ANL shares last traded at 0.2 cents on April 14.

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