Look FCOL , check Paisma5 Feb 2021 10:29
Bassala (Mali)
· A total of 775 soil samples have been collected, with 425 samples assayed and results received to date. A further ~350 samples remain to be collected with final assay results due later in February.
· Initial inspection of results to date shows additional gold anomalism, with several consistent anomalies located outside the previously sampled area.
· The ground magnetic survey has been completed and preliminary results returned. Pending the final report, several significant structural features co-incident with gold-in-soil anomalies have been interpreted.
A total of 425 soil samples have now been assayed and results received. Approximately 250 samples are currently on route to the testing laboratory in Bamako. A further 100 samples have been collected but remain on site. In addition, approximately 350 samples remain to be collected and this work should be completed in early February, with final results due mid to end February.
Results received to date have identified several subsidiary gold-in-soil anomalies, located both to the east and west of the main north-south trending anomaly.
The ground magnetic survey has been completed but final analysis and reporting is awaited. Preliminary examination of the results suggests a plus 8km, north-south to north-northeast trending structural corridor. This is in addition to the several subsidiary northwest-trending structures, the main one intersecting the north-northeast corridor near the centre of the tenement.
When the interpreted magnetic structures are superimposed on the soil geochemistry, an excellent correlation can be seen between the main structures and the gold in soil anomalism. This will be very useful for aiding drill site selection once all results are to hand.
Kalaka (Mali)
Due to COVID-19 restrictions on people movements, the commencement of the IP programme was initially delayed but the IP survey team have now arrived on site and commenced the survey with first results due in February.
Line cutting in preparation for this work is approximately 70% complete and this will speed up the pace of the survey once the crew arrives on site. First results are expected to be received in early February.
As announced on 15 January 2021, the expected date for completion of the sale of the Kalaka project to Moydow is currently anticipated on or before 31 January 2021.
Bido (Burkina Faso)
Work is progressing well with a total of 906 samples collected to date. The remaining samples (approximately 300) are currently being collected, with completion expected around the end of January.
No samples have been despatched to the laboratory as yet and it is planned that all samples will be submitted in a single batch in early February with results expected in mid to late February.
A total of 9 samples have been collected for petrological analysis from the Tiekouyou Gold Rush area, principally from al