Recent drilling at Semafo’s (SMF-T, SEMFF-O) Mana gold mine in Burkina Faso has given the company its best-ever assay results.
Hole WDC 133 returned 5.24 grams gold over 57.8 metres, including an average of 10.21 grams gold over 16.6 metres. The intercept reached a depth of 393.8 metres.
Semafo says the drilling validates the continuity of the mineralized zones at depth and that hole 133 represents a swell in the main lode.
The company says that infilldrilling results are hinting that the main lode continues on an up-plunge of the high-grade mineralization at the bottom northeast end of the Wona main pit.
The company has drilled more than 29,000 metres since April, totalling 80 holes, with the goal of expanding resources.
Semafo started mining at Mana in 2008. In the third quarter of 2009, the company produced 41,600 oz. gold at the mine.
For all of 2009, Semafo expects to produce 220,000-240,000 oz. gold from all its mines.
The company’s other mines are the Kiniero gold mine in Guinea and the Samira Hill gold mine in Niger.
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