Ashanti Gold has acknowledged new mineralized zones at its Anumso project in the Ashanti Region after completing a sampling program.
The soil sampling program tested previously underexplored areas, with results determining the incidence of multiple parallel mineralized zones totalling up to 480m in width at certain areas of the mineralization of the project.
Ashanti Gold is planning to apply its analysis of the findings to further exploration on the project by trenching and drilling.
Tim McCutcheon, Ashanti Gold CEO said, new opportunities for gold mineralization and the understanding that the material at Anumso has favorable gold recovery characteristics is great news for the company. At start Company metallurgical test work indicated high levels of gold recovery.
Ashanti Gold has the right to earn up to 75% of Goldplat’s interest in the project by incurring $3m of expenditure towards exploration work.”
Around 1,200 samples were collected at 20m intervals along lines 200m apart along 10.3km of strike exposure as part of the sampling process.
According to results, more than 30 parts per billion (ppb) of gold were found, with 24 samples containing in excess of 100ppb Au.
Ashanti Gold has the right to earn more than 75 per cent of interest of the Goldplat in the project by acquiring $3m of expenditure towards exploration work. The project is a 29km² mining lease.
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