VANCOUVER, BC, July 10, 2023 /CNW/ - DFR Gold Inc (DFR.CA) is pleased to announce, with its joint venture partner Panthera Resources plc (AIM: PAT), the commencement of a drilling programme on the Kalaka Gold Project in Mali (the "Drilling Programme").
Kalaka is a large gold system where multiple intersections exceeding 150 metres at greater than 0.5 g/t have been identified by previous diamond and RC drilling. The Drilling Programme will include:
Approximately 1,500 metres of RC drilling to complement existing diamond and reverse circulation drilling at the K1A target which is intended to be utilised to define a Maiden Mineral Resource estimate
Step-out drilling to the north will target an untested interpreted geophysical mineral trend
Collection of samples for a metallurgical test programme.
A broad soil anomaly above 30 ppb Au covers most of the metasediments on the tenement area and offers significant opportunity for further discovery and extension to known mineralisation. Historical drilling has consistently demonstrated significant wide gold intercepts at the K1A target, including diamond hole K1AD002 (191.8m @ 0.52 g/t Au) and reverse circulation drill hole K1ARC028 (117m @ 0.59 g/t Au including 41m @ 1.02 g/t Au).
John McGloin, CEO of DFR, commented:
"While DFR has primarily focussed on the exciting pre-feasibility Cascades Gold Project in Burkina Faso, the Kalaka Project represents an exciting opportunity in Mali with large scale bulk-mineable gold potential.
"It is hoped that the metallurgical test work programme will demonstrate the positive economics of the project. The drilling programme is expected to be completed this month with results in the third quarter of 2023."
Background
Panthera and DFR each have 40% interest in Kalaka held through their interest in Maniger Ltd. The remaining 20% interest is owned by a local partner, Golden Spear Mali SARL. Panthera is the operator of the project.
The Kalaka gold project is situated in southern Mali, 260 km southeast of Bamako. It lies approximately 80 km south of the 8 Moz Au Morila Mine and 85 km northwest of Resolute's 6Moz Au Syama Mine.
Historical work in the area has included airborne geophysical surveys, soil sampling, structural interpretations, geological mapping, and preliminary drilling activities focussed on the metasediments. This has included 20,952m of diamond, air core (AC), reverse circulation (RC) and Rotary Air Blast (RAB) drilling in 372 holes. During 2021 Panthera completed 2,430m of AC drilling in 94 holes. On the K1A prospect multiple intersections exceeding 150m at 0.5 g/t have been identified by diamond and RC drilling.
The primary mineralisation at the K1A prospect, is associated with an intrusive tonalite / micro granodiorite with metasediments in contact with the intrusive. The alteration envelope is dominantly characterised by silica-feldspar flooding and sulphide mineralisation. Elsewhere there are also numerous artisanal workings within the Kalaka tenement, mainly targeting eluvial gold.
David J Reading, M.Sc., FIMM, Fellow SEG, a director of DFR and a Qualified Person as defined under NI 43-101 has prepared or supervised the preparation of, or approved, as applicable, the technical information contained in this press release. Mr. Reading has over 40 years' experience in the mining industry covering all stages of mine development, including exploration, feasibility, financing, construction and operations. He has an MSc in Economic Geology and is a Fellow of the Institute of Materials, Minerals and Mining and of the Society of Economic Geologists.
Notes to Editors:
DFR Gold is a TSX Venture Exchange listed exploration and mine development company focused on gold in West Africa. DFR Gold holds interests in a portfolio of West African gold exploration projects including the highly prospective Cascades gold project ("Cascades") in Burkina Faso. Cascades has a Mineral Resource* prepared in accordance with NI 43-101 comprising 5.41 million tonnes of indicated resources at an average grade of 1.52g/t Au for a total 264,000 ounces of gold: and 6.93 million tonnes of inferred resources at an average grade 1.67g/t Au for a total of 371,000 ounces of gold. Please see the Company's technical report titled "Amended and Re-stated Technical Report on the Labola Project Burkina Faso" dated April 2, 2022, with an effective date of April 20, 2022 for further information regarding Cascades.
Additional Mineral Resource Estimate Disclosures
*Mineral Resources, which are not Mineral Reserves, do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, marketing, or other relevant issues. The Mineral Resources in this note were reported using CIM (2014) Standards on Mineral Resources and Reserves, Definitions and Guidelines and adopted by CIM Council.
The quantity and grade of reported Inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define this Inferred Resource as an Indicated or Measured Mineral Resource. It is uncertain if further exploration will result in upgrading the Inferred Resource to an Indicated or Measured Mineral Resource category.
The Mineral Resource has been constrained by an open pit evaluation using a gold price of US$1900 per ounce, and then reported at a cut-off of 0.5 g/t Au.
Contained metal and tonnes figures in totals may differ due to rounding.
不列顛哥倫比亞省溫哥華,2023年7月10日 /CNW/ — DFR Gold Inc (DFR.CA)很高興地宣佈,與其合資夥伴Panthera Resources plc(AIM: PAT)一起啓動馬裏卡拉卡黃金項目(“鑽探計劃”)的鑽探計劃。
Kalaka是一個大型金礦系統,之前的鑽石和鋼筋混凝土鑽探已經發現了多個超過150米的交叉點,重量超過0.5 g/t。鑽探計劃將包括:
超過30 ppb Au的廣泛土壤異常覆蓋了該物業區的大部分超沉積物,爲進一步發現和擴展已知礦化提供了重要機會。歷史鑽探一直表明,在K1A目標處有大量的寬金截獲量,包括鑽石洞 K1AD002(191.8m @ 0.52 g/t Au)和反循環鑽孔 K1ARC028(117m @ 0.59 g/t Au 包括 41m @ 1.02 g/t Au)。
DFR 首席執行官約翰·麥格洛因評論說:
“雖然DFR主要關注布基納法索令人興奮的預可行性Cascades黃金項目,但Kalaka項目在馬裏是一個令人興奮的機會,具有大規模的批量開採黃金潛力。
“希望冶金測試工作計劃能夠證明該項目的積極經濟性。鑽探計劃預計將於本月完成,結果將於2023年第三季度公佈。”
背景
Panthera和DFR分別通過其在Maniger Ltd的權益持有Kalaka40%的權益。其餘20%的權益歸當地合夥人Golden Spear Mali SARL所有。Panthera 是該項目的運營商。
卡拉卡金礦項目位於馬裏南部,位於巴馬科東南260公里處。它位於 8 Moz Au Morila 礦以南約 80 公里處,Resolute 的 6Moz Au Syama 礦西北 85 公里處。
該地區的歷史工作包括航空地球物理調查、土壤採樣、結構解釋、地質測繪以及以超沉積物爲重點的初步鑽探活動。這包括在 372 個洞中鑽出 20,952 米的金剛石、空芯 (AC)、反循環 (RC) 和旋轉氣爆 (RAB) 鑽孔。2021 年,Panthera 在 94 個洞中完成了 2430 米的交流鑽探。在K1A勘探區,通過金剛石和鋼筋混凝土鑽探發現了多個超過150米的交叉路口,重量爲0.5 g/t。
K1A勘探區的原生礦化與侵入性tonalite/micro granodiorite有關,其超沉積物與侵入物接觸。蝕變包絡的主要特徵是二氧化硅長石洪水和硫化物礦化。在其他地方,卡拉卡公寓內也有許多手工工作,主要針對難以捉摸的黃金。
David J Reading,理學碩士,FIMM,SEG研究員,DFR董事和NI 43-101所定義的合格人員,已經準備或監督了本新聞稿中包含的技術信息的準備或批准(如適用)。Reading先生在採礦業擁有40多年的經驗,涵蓋了礦山開發的各個階段,包括勘探、可行性、融資、施工和運營。他擁有經濟地質學碩士學位,是材料、礦產和採礦研究所和經濟地質學家協會的會員。
編者注:
DFR Gold是一家在多倫多證券交易所風險投資交易所上市的勘探和礦山開發公司,專注於西非的黃金。DFR Gold持有西非黃金勘探項目組合的權益,包括布基納法索極具前景的Cascades黃金項目(“Cascades”)。Cascades擁有根據NI 43-101準備的礦產資源*,包括541萬噸指示資源,平均品位爲1.52g/t Au,總共26.4萬盎司黃金;以及693萬噸的推斷資源,平均品位爲1.67g/t Au,總共37.1萬盎司黃金。有關Cascades的更多信息,請參閱公司2022年4月2日題爲 “布基納法索Labola項目的修訂和重述技術報告” 的技術報告,生效日期爲2022年4月20日。
其他礦產資源估算披露
*礦產資源不是礦產儲量,尚未顯示出經濟可行性。礦產資源的估算可能會受到環境、許可、法律、營銷或其他相關問題的重大影響。本說明中的礦產資源是使用CIM(2014)礦產資源和儲量標準、定義和指南報告的,並由CIM理事會通過。
本估算中報告的推斷資源的數量和等級本質上是不確定的,而且勘探不足,無法將這種推斷資源定義爲指示或測量的礦產資源。目前尚不確定進一步的勘探是否會導致推斷資源升級爲指示或測量的礦產資源類別。
礦產資源受到露天礦評估的限制,該評估使用每盎司1900美元的黃金價格,然後報告的截止值爲0.5 g/t Au。
由於四捨五入,所含金屬和噸的總量可能會有所不同。