TSE-listed International Gold Resources has completed the first phase of reverse circulation drilling at the past-producing Bibiani mine in Ghana, West Africa. Seventy-four holes, totaling 29,200 ft., were drilled to test the 2,500-ft. strike length of the mineralized zone.
The drilling was completed to test for sulphide mineralization below a depth of 200 ft. and for mineralization along the strike length. Average grades range between 0.02 and 0.08 oz. gold per ton over thicknesses of 10 to 90 ft. Better intersections included 0.55 oz. over 30 ft., 0.137 oz. over 105 ft. and 0.3 oz. over 60 ft.
Some difficulties were encountered in reaching the sulphide zone, and it appears mineralization at the eastern portion is shallower than expected. Additional drilling is planned so that the metallurgy of the oxide and sulphide mineralization can be evaluated.
Meanwhile, International Gold has begun exploring other African concessions, specifically those on which it has entered joint ventures with Echo Bay Mines (TSE). Both companies are encouraged by results from mapping and sampling at the Mehami, Mpatasie and North Bibiani properties. They have also optioned other local concessions and applied for a reconnaissance exploration licence covering an additional 325 sq. miles in Ghana. The area covers a section of the Tarkwaian conglomerates, which are known to host gold mineralization. The government is expected to grant the licence soon and work will commence shortly thereafter.
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