RE: Undervaluation27 Jul 2020 10:32
Fare results banked previously
ighlights
· Two additional diamond holes completed for 433 metres at Faré South to test the eastern extension of drill fence lines 8 and 9. Best result:
o 12 m @ 7.09 g/t from 18 m incl. 4.5 m @ 16.98 g/t (FADD-025)
· High-resolution IP ('induced polarisation') geophysical survey completed at Faré South - currently being reviewed to assist in planning the next phase of drilling;
· RC and diamond drilling 40 km to SE confirms significant mineralisation at Madina Bafé prospect;
· Best diamond drilling results include:
o 9.6 m @ 16.08 g/t Au from 15.1 m, incl. 1.3 m @ 61.84 g/t Au and 2.9 m @ 21.62 g/t Au (MBDD-002)
o 2 m @ 1.22 g/t Au from 7.6 m (MBDD-002)
o 1.5 m @ 2.84 g/t Au from 34.6 m (MBDD-002)
o 3.8 m @ 1.43 g/t Au from 63.7 m (MBDD-007)
· Best RC drilling results include:
o 15 m @ 6.10 g/t Au from 14 m, incl. 4 m @ 14.20 g/t Au and 5 m @ 5.50 g/t Au (MBRC-117)
o 2 m @ 4.90 g/t Au from 22 m (MBRC-091)
o 3 m @ 3.69 g/t Au from 29 m (MBRC-094)
o 3 m @ 1.38 g/t Au from 19 m (MBRC-120)
o 2 m @ 1.10 g/t Au from 7 m (MBRC-120)
o 2 m @ 1.81 g/t Au from 2 m (MBRC-113)
o 1 m @ 2.89 g/t Au from 21 m (MBRC-135)
· Follow-up drilling at Madina Bafé and Faré South planned for October 2014