Drilling on the M’Banga gold concession in Niger, West Africa, has returned gold values for Imperial Metals (IPM).
The company completed 15 holes for a total of 1,500 metres, outlining a gold zone over a strike length of 500 metres to a depth of at least 87 metres.
Hole 96-18 encountered the best values, intersecting 65 metres grading 1.64 grams gold per tonne, including 23 metres grading 4.28 grams gold.
Hole 96-19, drilled 300 metres northeast of 96-18, intersected 73.5 metres grading 0.77 gram gold, including 10.5 metres grading 3.58 grams gold.
Hole 96-20, 500 metres northeast of 96-18, returned a 72.5-metre intersection grading 0.54 gram gold, including a 27.5-metre interval grading 1.12 grams.
Imperial believes the new gold zone has a potential strike length of several kilometres based on geophysical and geochemical work.
Drilling is expected to resume in October following the end of the rainy season.
The M’Banga concession is owned 60% by Imperial and 40% by Sumitomo, while the government of Niger holds the right to back-in for a 20% interest.
Be the first to comment on "Imperial tests gold zone in Niger"