- Firefinch (FFX) strikes up to 13.6 grams of gold per tonne following drilling at the Morila Gold Project in Mali
- Drilling within the Morila Super Pit returned further high-grade results, which are said to confirm the potential to grow the Morila resource
- Work is set to continue at the prospect to test extensions to the high-grade zones on both the western and eastern sides of Morila, using the three diamond core drill rigs
- Meanwhile, the company says it will continue to update the project’s mineral resource estimate
- Firefinch last traded at 65 cents on February 21
Firefinch (FFX) has struck up to 13.6 grams of gold per tonne following drilling at the Morila Super Pit in Mali.
Drilling at the Morila Super Pit within the Morila Gold Project returned further high-grade results, including four metres at 13.6 grams of gold per tonne (g/t) gold from 315.2 metres.
The mineralisation at Morila was found to be generally flat lying, with both controlling structures and mineralisation interpreted to have a broad north-south trend.
The company said results from drilling may represent a new zone of mineralisation well outside the main pit, separate from lodes previously mines. Assays from this drill hole included 2.8 metres at 23.7 g/t gold from 236.4 metres, including 0.8 metres at 82.0g/t gold.
“Our systematic drilling program on both sides of the Morila Super Pit continues to intersect high grade zones of significant thicknesses within and around the deposit,” said Firefinch’s Managing Director, Dr Michael Anderson.
“Today’s results are important because they confirm the potential to grow the Morila Resource.”
“We expect to update the resource and the Stage 1 mine plan for the Morila Super Pit in the coming months.”
Drilling is set to continue to test extensions to the high-grade zones recently intersected on both the western and eastern sides of Morila using the three diamond core drill rigs currently operating at the project.
Meanwhile, the company has continued to update the project’s mineral resource estimate.
Firefinch last traded at 65 cents on February 21.