Golden Saint Resources Share News (GSR)

(ShareCast News) - West Africa-focused diamond and gold exploration company Golden Saint Resources provided the market with operational updates on Friday, relating to two of its exploration licence areas in Sierra Leone - Baja and Tongo.The AIM-traded firm confirmed no exploration was currently being undertaken on the Moa licence due to logistical constraints.At the Baja licence area, Golden Saint said the alluvial bulk sampling operation on the Sewa River low terrace currently in progress at site 2 recovered a further six diamonds weighing 2.06 carats from some 91 tonnes of basal gravels."The stones ranged from 0.17 to 0.70 carats per stone," the board said in a statement."Together with the 13 stones weighing 5.75 cts from this bulk sample site announced on 12 December 2016, the total number of diamonds recovered from the 271 t of basal gravels processed up to 19 December 2016 is some 19 stones weighing 7.81 cts and ranging from 0.17 to 1.57 cts/stn."In addition, it said some 4.07 grams of alluvial gold were also recovered from the 91 t of basal gravels treated at Baja site 2, bringing the total alluvial gold recovered from this bulk sample to some 7.97 g up to the 19 December 2016."The bulk sampling operation at Baja site 2 on this Sewa River exploration target is expected to continue for another two months and any further alluvial diamond and gold recoveries will be reported in subsequent operational updates."Golden Saint said the bulk sampling localities at Baja site 3 and Baja site 4 had been cleared to allow for the excavation of sample trenches which will enable the team to systematically develop the exploration targets in the selected alluvial terrace deposits along the Sewa River towards an inferred resource level of confidence."At Baja site 4, the team has completed a 50 m long by 12 m wide bulk sample trench, whereas at the date of this announcement, the overburden has been completely stripped and some 550 t of basal gravels extracted for processing through the Baja sampling plant. "At Tongo site 1, the original bulk sample trench on the low terrace of the Woa River had, by the end of December 2016, been extended with the overburden stripped completely and some 131 t of basal gravels extracted for processing through the Tongo Dove sampling plant, the board reported.