Etruscan Resources Inc. reported on additional reverse circulation drill results on the Bitou permits in southern Burkina Faso, highlighted by 36 meters of 3.9 grams per tonne gold in a step-out hole located 675 meters east of the Ouaré Main Zone. The hole was stopped in the mineralized zone.
The Bitou permits are located on the Youga Gold Belt, 35 kilometers northeast of Etruscan's Youga Gold Mine. The objective of this drill program was to determine the resource potential of the main Ouaré Zone with reverse circulation ("RC") drilling, and a campaign total of 7,118 meters was completed in 93 holes. Furthermore, several new gold targets have been confirmed in saprolite with single sample auger drilling, and ground geophysical surveys were also initiated to assist in tracking the mineralized zones.
Highlights from the latest RC drill results include:
- 36 meters at 3.9 g/t (including 4 meters at 11.0 g/t)*
- 12 meters at 4.8 g/t (including 2 meters at 11.1 g/t)
- 10 meters at 4.4 g/t (including 6 meters at 6.2 g/t)
- 12 meters at 3.9 g/t (including 4 meters at 9.0 g/t)
- 28 meters at 3.8 g/t (including 6 meters at 7.0 g/t)
- 54 meters at 2.4 g/t (including 4 meters at 17.6 g/t)
- 14 meters at 2.3 g/t (including 6 meters at 4.0)
* Hole BITRC-08-93 from 72 - 108 meters ended at 108 meters in mineralization
Previous work on the Ouaré Main Zone, including trenching and reverse circulation drilling, had identified significant mineralization with resource potential over a strike length of 575 meters. Additional exploration work by Etruscan has expanded this potential strike length to over two kilometers. A complete listing of significant new RC drill results is presented in Table 1. All lengths are reported as downhole lengths and additional information is required to determine true widths.
Results from ground geophysical surveys over the Ouaré Main Zone indicate that the favourable horizons can be traced using induced polarization and magnetic methods. The chargeability response in particular shows a very prominent feature extending across the surveyed area for a distance of two kilometers and it likely extends even further east to the drilling area of Hole BITRC-08-93 where 36 meters of 3.9 g/t was intersected. There are numerous coincident geophysical and geochemical gold anomalies to test. The drilling and geophysical surveys had to be stopped for the rainy season and priority will be given to obtaining more complete coverage to the east and northeast when drilling recommences.
Don Burton, Vice President Corporate Development and COO stated:
"In addition to the obvious potential of the Ouaré Main Zone, significant potential exists along strike to the east and to the west of the main drilled area. There is evidence of significant increases in grade with depth in some areas and there are multiple untested gold anomalies previously thought to be of low priority that are clearly associated with geophysical anomalies. Geophysics has proven to be a powerful exploration tool at Ouaré and we will be evaluating the data in much more detail in preparation for the next drilling season in October. A resource at Bitou has the potential to provide substantial additional mill feed for our existing plant at Youga."
As previously reported, a parallel gold trend with a strike length of 850 meters has been identified 500 meters south and west of Ouaré (Ouaré West Zone), and two new soil anomalies (Bitou North Zone 1 and Bitou North Zone 2) have been identified five kilometers to the northeast that have been traced for 3.0 and 2.8 kilometers respectively. Auger drilling has been completed on all three soil anomalies outside of the Ouaré Main Zone and continuous low grade mineralization in saprolite is associated with all three anomalies. Isolated auger highs from 100 - 500 ppb gold have been recorded in all areas with a maximum value of 9.6 g/t gold. These areas will be further evaluated with auger and RC drilling. -- www.cnxmarketlink.com
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