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Ashanti Announces Additional Results for Gourbassi West, Kossanto East Project, Mali18.09.2018 | 12:00 Uhr | GlobeNewswire
VANCOUVER, Sept. 18, 2018 - Ashanti Gold Corp. (“Ashanti” or the “Company”) - (TSXV: AGZ) announces additional new results from Gourbassi West. These most recent drill hole results were part of a recently completed 105 hole Reverse Circulation (“RC”) and Diamond Drill (“DD”), 12,283 metre drill program that tested mineralization on the Kossanto East Project (the “Property”) in western Mali (Figure 1). Results presented here are from section 1485800 (Figures 2 and 3), south of sections previously described in the Company’s August 14 and August 27 press releases. The mineralized zones in these sections demonstrate strike continuity of mineralization and coherence of interpreted thrust faults and their relationship to mineralization. These results also support and expand on previously interpreted mineralized zones dipping moderately to the west. Importantly, as we develop our understanding of the mineralization, it is becoming increasingly apparent that there are numerous zones of mineralization associated with stacked thrust faults. In this section alone, the combined width of mineralized zones is approximately 130m. If mineralized zones to the north continue to this section, there is potential for an additional 100m of mineralized width.
Tim McCutcheon, CEO, said, “These results continue to build upon the overall strike line of Gourbassi West. We are getting closer to completing our resource calculations, and it is exciting to see how the cross sections fall into place with our geological modelling and understanding of the Property.” Gourbassi West
*Intervals indicated are not true widths as there is insufficient geologic information to calculate true widths. However, drill holes have been drilled to cross interpreted mineralized zones as close to perpendicular as possible. Figure 1 is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/5e3046e0-52df-439a-9fb3-b4d9d75e7703 Figure 2 is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/32f90703-16c7-4e25-bbb0-04311c46c77c Figure 3 is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/8ef96ab8-c64a-40f2-9e2b-d8223a29f066 About Kossanto East Project ABOUT ASHANTI GOLD On Behalf of the Board of Directors of "Tim McCutcheon" Tim McCutcheon For further information, please contact: Qualified Person and Quality Assurance / Quality Control Dr. Paul Klipfel, CPG (AIPG certification #10821), Ashanti’s COO and Chief Geologist is a Qualified Person as defined by Canadian NI 43-101 and has supervised the preparation of the scientific and technical information that forms the basis for this news release. Dr. Klipfel is responsible for all aspects of the work including the Quality Control/Quality Assurance programs. Dr. Klipfel is not an Independent Person, as he is a shareholder of Ashanti. Certified Reference Materials and Blanks are inserted into the sample stream at the rate of 1:20 samples. Field duplicates are collected at the rate of 1:50 samples. All samples have been analyzed by SGS Laboratories in Bamako with standard preparation methods and 50g fire assay with atomic absorption finish. SGS does their own introduction of QA/QC samples into the sample stream and reports them to Ashanti for double checking. Higher grade samples are reanalyzed from pulp or reject material or both. Cautionary Statement on Forward-Looking Information NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. This press release contains forward-looking statements and forward-looking information (collectively, "forward looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the anticipated content, commencement, timing and cost of exploration programs, anticipated exploration program results, the discovery and delineation of mineral deposits/resources/reserves, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, the state of the financial markets for the Company's equity securities, the state of the commodity markets generally, variations in the nature, quality and quantity of any mineral deposits that may be located, variations in the market price of any mineral products the Company may produce or plan to produce, the inability of the Company to obtain any necessary permits, consents or authorizations required, including TSXV acceptance, for its planned activities, the inability of the Company to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, and other risks and uncertainties disclosed in the Company's latest interim Management Discussion and Analysis and filed with certain securities commissions in Canada. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties. Dieser Artikel stammt von Rohstoff-Welt.de
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