Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Savary Gold starts major exploration programme in Burkina Faso

Monday, November 21, 2016 7:29
% of readers think this story is Fact. Add your two cents.

Canadian venture exchange-listed Savary Gold Corp (CVE:SCA) has kicked off its largest exploration programme so far at the Karankasso project in Burkina Faso.

The miner, alongside partner Sarama Resources, will undertake 21,000 metres of drilling, 12,000 metres of auger holes and collect up to 3,000 soil samples.

Savary will use the results to extend the in-pit inferred mineral resources at the Karangosso, West Trend, Diosso South and Kueredougou West Zones with the aim of resource upgrade in the second half of 2017.

Drilling will target Karangosso and Diosso South, which combined, contain an in-pit inferred mineral resource estimate of approximately 200,000 ounces of gold grading 2.77 g/t, and that form part of the current in-pit inferred mineral resource estimate of 671,000 ounces grading 2.28 g/t.

Phase one consists approximately 3,000m of RC and core drilling, in 22 holes, pre-year end.

Don Dudek, Savary’s chief executive, added:  “The goal of this work program is to materially increase our current in-pit inferred mineral resource estimate and provide good visibility for additional mineral resources.”

Savary will also try exploring new areas such as Serakoro 1 West, where previous work has returned intercepts to 6.42 g/t gold over 15m width.

Story by ProactiveInvestors


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.