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Savary Gold starts major exploration programme in Burkina Faso

Monday, November 21, 2016 7:29
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(Before It's News)

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

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