- Final results from Phase 1 of the RC drilling program at the Diamba Sud Project have been received.
- Results from the final 22 holes revealed more high-grader shallow gold intercepts.
- Three large targets have been outlined for follow-up drill testing.
Chesser Resources Ltd has received the final results from Phase 1 of the reverse circulation (RC) drilling program at its flagship Diamba Sud Project in Senegal.
Assay results from the remaining 22 holes revealed more shallow gold intercepts, and three large gold targets have been delineated for follow-up drill testing which is set to begin in early June.
Promising results from the final tests include 6m at 4.70g/t gold from 26m, 2m at 5.84g/t gold from 49m, and 4m at 6.50g/t gold from 26m including 2m at 12.00g/t.
Chesser Managing Director and CEO Mike Brown said the results were highly promising.
“This bodes well for the future discovery potential at Diamba Sud and we look forward to further encouraging developments on this front in the upcoming RC drilling program which is expected to commence shortly,” he said.
Phase 1 consisted of a total of 70 holes drilled for 4761m to test several previously identified high-grade gold auger chemical anomalies to better understand the style, nature and potential host of the mineralisation.
The results from Phase 1 have outlined three targets for follow-up drilling: the Northern Arc target, the Western Flank target and the Southern Zone target. These targets show similar geological characteristics to nearby high-quality gold systems in the region, including the Gounkoto/Loulo deposit (5.5m/12Moz) and the the Fekola deposit (7.6Moz).
Diamba Sud consists of two blocks covering 53.2km squared over the Kedougou-Kenieba Inlier in Eastern Senegal. It is roughly 2km west of the Senegal Mali Shear Zone (SMSZ), a major regional structure which hosts several multi-million ounce gold deposits.
Following the completion of Phase 1, Chesser is planning an induced polarisation (IP) geophysical survey over the principle areas of interest to assist in the geological interpretation and future target generation. Phase 2 will commence following the interpretation of all the results, which at this point is estimated to be in early June.