Initial drilling at Ziatoyah provides Hamak Gold with encouraging results

BY: DONNA SLATER

www.123rf.com

Liberia-focused gold explorer Hamak Gold reports “encouraging” results from its maiden three-hole diamond drilling programme at the Ziatoyah prospect at the company’s 100%-held Nimba permit, in Liberia.

Results for the initial three diamond drill holes drilled on an extensive gold-in-soil geochemical anomaly, which is supported by positive rock chip sample and channel sample results, have intersected broad, near-surface gold mineralisation containing high-grade zones.

The best intercept thereof was from hole NZ22-001, which had 20 m of mineralisation, grading 6.98 g/t from 29 m below surface, including a 5 m section grading 21.73 g/t from 35 m below surface.

Hamak also notes that the mineralised unit is open at depth and along strike, with the soil anomaly extending over an area of 2.5 km by 1 km, suggesting an extensive gold mineralised occurrence.

The drilling confirms the depth extension of surface mineralisation previously reported from channel sampling, and which remains open at depth of 14 m, grading 1.98 g/t gold.

Hamak executive director Karl Smithson says these initial drilling results are “extremely encouraging” and indicate a potentially mineable width and grade at Ziatoyah. “They point to a significant mineralised system with geological similarities to the nearby.”

The intersection is located 25 km from Endeavour Mining’s Ity mine, in Côte d’Ivoire, and exhibits similar mineralogy.

Source: Mining Weekly

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