- Polymetals (POL) begins its phase three reverse circulation (RC) drilling program at its Alahiné Gold Project in Guinea, West Africa
- This phase three program will focus on multiple targets identified during previous drilling programs with an aim of testing the strike continuity of the mineralised zone
- A total of 35 holes will test the strike extents of the mineralisation identified in previous programs while a further 13 holes will test the up-dip and down-dip extents
- Polymetals has also completed the aeromagnetic survey at Alahiné and expects to release the results sometime this month
- Shares in Polymetals are steady and are trading at nine cents at 3:50 pm AEST
Polymetals (POL) has begun its phase three reverse circulation (RC) drilling program at its Alahiné Gold Project in Guinea, West Africa.
This phase three program will focus on multiple targets identified during previous drilling programs with an aim of testing the strike continuity of the mineralised zone.
A total of 35 RC holes, for 3170 metres, have been planned to test the strike extents of the broad zones of mineralisation identified in previous programs while 13 RC holes, for 1510 metres, will test the up-dip and down-dip extents of the mineralised zones.
Results from previous drilling include seven metres at 1.63g/t gold, 10 metres at 1.14g/t gold and 10 metres at 1.32g/t gold.
Further, this phase three drilling will also target previous end-of-hole intersections which include one metre at 21.40g/t gold and one metre at 11.56g/t gold.
Polymetals expects to release the initial results from the RC program in July.
The company has also completed the aeromagnetic survey at Alahiné and expects to release the results sometime this month.
Any follow-up targets will be included in this phase three drilling program.
Shares in Polymetals were steady and were trading at nine cents at 3:50 pm AEST.