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Ashanti Gold Corp. () announced today that it has discovered a new gold zone in its East Kossanto project in western Mali.
The new gold mineralized zone, known as the Kadi Zone, is located about 1 km northeast of the main zone at East Gourbbadi
One-time tests included 8 meters (m) at 1.83 grams per tonne (g / t) gold and 10m to 1.93g / t gold.
WATCH: Ashanti Gold CEO Reports Very High-Grade Drilling Results of Mali Gold Project
"The discovery of the Kadi Zone is important as it potentially adds more mineralized material to the site. Ashanti has already identified to "In addition to collecting data to complete a resource report, this drill campaign was designed to show the upside potential of the Kossanto East project, and Kadi is making that clear." [19659004] The Kadi Zone
The company said three drill holes spaced about 75 m showed gold mineralization in a northwest direction, with a moderately westerly dip. shear width up to 20 m wide
This shear zone is the contact between the granitic rocks of the wall and the felsic tuff of the roof, to the south-east the breccia rock of silica is located along the Extension of the cis area The company is planning to conduct additional drilling in this area along the drill line
Recent drilling and historic Ashanti drilling in 2018 define a 600m-wide gold mineralization zone. 50 m in the eastern area of Gourbbadi. along a separate area to the southwest has been subdivided into its own area (Sana area) and adds another mineralization of 300m by 50m.
In addition, soil sampling (current and past) has shown anomalies in the northeast and southwest. Gourbbadi East
The Ashanti 2018 program has partially tested these new areas of interest.
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