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MetalsGrove Mining (ASX:MGA) has this week added several new high-grade gold targets to its future exploration plans at the Zuénoula permit in Côte d’Ivoire, with fire assay gold results received from soil sampling programs have helped define seven gold prospects across the permit area.
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The Zuénoula assays have helped upgrade some 55 prospects to top-priority exploration targets, with a peak 583 parts per billion (ppb) gold soil anomaly located at the centre of a 3.3 km-long gold anomalous corridor.
The work has strengthened Central Prospect with a 148 ppb gold soil anomaly confirmed from 400m by 400m infill sampling within a broader anomalous area.
Additional prospects at Eastern, Rouge, Konezra and South-West were also defined from wide-spaced 1,000 metres by 1,000 metres soil sampling, highlighting district-scale prospectivity.
These include the previously reported Fifty-Five, Central and South-East Prospects, together with newly identified Eastern, Rouge, Konezra and South-West prospects, all characterised by one or more plus 30 ppb gold soil anomalies derived from systematic geochemical soil sampling.
MetalsGrove’s managing director and CEO, Lijun Yang, said the scale, coherence, and tenor of the gold soil anomaly at the Fifty-Five prospect strongly indicate potential for bedrock-hosted gold mineralisation, consistent with the structurally controlled gold mineralisation found within the Birimian terrane of West Africa.
“These results represent a significant step forward in advancing the exploration on the Zuénoula permit, with the identification of a high-grade 583 ppb gold soil anomaly at the Fifty-Five Prospect within a 3.3 km anomalous trend, together with a multiple of newly defined prospects,” Mr Yang said.
“This highlights the strong district-scale potential of the project.
“Importantly, the Fifty-Five anomaly remains open to the northeast, and we see clear upside in extending sampling along this mineralised corridor.”
He added: “With systematic infill and extensional sampling programs now planned, supported by regolith mapping and LiDAR data, we are well positioned to rapidly advance these targets towards drill testing.”
To support the interpretation of soil geochemistry, the company is conducting extensive regolith mapping and flying two LiDAR-orthophoto surveys to develop high-resolution topographic models of priority prospect areas.
Two high-resolution LiDAR-orthophoto surveys have been flown at the Fifty-Five and Central Prospects, providing detailed topographic data to assist mapping.
Infill and extensional soil sampling programs are planned at Fifty-Five, including 200 metres by 200 metres infill and 400 metres by 400 metres step-out sampling to the northeast, along the interpreted mineralised trend.
MGA is up +10% to 11.0¢ today. Mkt cap $15.14M.
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