From Randgold RNS4 May 2017 08:55
Massakama JV (Alecto Minerals)
Early this quarter follow-up work focused on four priority targets, all located in the Kobokoto permit. A trench completed at Sama above a historic RC hole (29m @ 5.49g/t) intercepted a wide alteration zone associated with quartz-tourmaline veins and returned a low grade intersection which included 10.8m @ 0.57g/t. After overall weak results obtained on the follow-up targets, exploration shifted later in the quarter towards the western belt-basin margin at Matouwa where initial results from pits and trenches show the potential of continuous mineralisation over a +1km strike length. These results include 6.97m @ 1.87g/t in the first trench within intensively altered and sheared metasedimentary and volcanic rocks. On the Koussikoto permit, regional pit lines have started to test anomalies located in the northern half of the permit.