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- Multiple gold anomalous trends with a combined strike length of approximately 18km.
- Three major gold anomalous areas identified in Côte d’Ivoire, with further potential drill target defined in Central Prospect area.
- Long clusters of gold anomalous soil samples remain open.
MetalsGrove Mining (ASX:MGA) has this week identified 18 kilometres of combined multiple northeast-trending gold anomalous trends in the eastern portion of the Zuénoula permit in Côte d’Ivoire. The three major gold anomalous areas were defined by broad-spaced soil sampling programs completed on 400-metre by 400-metre and 200-metre by 200-metre spacing.
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The Fifty-Five prospect and NE extension stretches strike northeast towards MetalsGrove’s Kounahiri West permit application with a peak soil value of 1,242 parts per billion (ppb) gold returned from the permit boundary.
“These latest soil sampling results continue to highlight the strong gold discovery potential emerging at our Zuénoula permit in central-west Côte d’Ivoire,” managing director and CEO, Lijun Yang, said today.
“The emerging 18km combined multiple northeast-trending gold anomalous trends, including a peak soil result of 1.24 grams per tonne gold located near the border of the Zuénoula and Kounahiri West permits, provides increasing confidence that the general anomalous trend remains open to the northeast and extends towards our adjoining Kounahiri West Permit application area, reinforcing the broader district-scale potential across our highly strategic landholding.”
MetalsGrove has three field crews currently completing expansive infill soil sampling programs, and further assay results are pending.
“We believe the project is rapidly advancing towards the definition of multiple potential drill targets ahead of planned drilling activities later this year,” Mr Yang said.
The MetalsGrove MD continued: “The anomalous trends remain open to the northeast into the Kounahiri West permit, reinforcing the broader district-scale exploration potential across MetalsGrove’s strategic landholding position.”
The Central prospect and NE-SW extension stretch for ~4 kilometres. A further potential drill target has been identified from a 3.5-plus km-long northeast-trending cluster of gold anomalous soil samples; still open to the northeast.
Mr Yang said the north-east orientation of the soil anomalism is interpreted to reflect favourable structural controls associated with major regional fault systems in this highly prospective greenstone belt.
The Konezra prospect and NE extension stretches for approximately five km from current sample spacing of 400m by 400m and is pending further infill.
The company is considering the potential for auger drilling during the upcoming wet season (June to September) to be feasible following a positive site access assessment by the company’s exploration manager.
MGA will open at 10¢. Mkt cap $15.14M.
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