Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAmara Mining Regulatory News (AMA)

  • There is currently no data for AMA

Baomahun Drilling Update

11 Jan 2007 07:01

Cluff Gold PLC11 January 2007 Cluff Gold plc ("Cluff Gold" or the "Company") High Grade Intersections at Baomahun Gold Project, Sierra Leone Key highlights • Initial drill results intersect high grade gold • 2007 drilling programme has commenced at Baomahun Project - total of 30,000 metres planned for the season • Western Zone strike extent increased by 100 metres to the north • Second diamond drill rig expected at site in February 2007 • Metallurgical test work underway Cluff Gold today announces the first set of results from the current drillingprogramme at the Baomahun Gold Project ("Baomahun") in Sierra Leone. A programmefor a total of 30,000 metres of core drilling is planned during 2007. Assay results from the first three completed core holes have confirmed the alongstrike and down dip extension of the Western Zone. Drill hole DDH066 intersected7 metres at 5.76 g/t gold ("Au") from 96 metres down the hole depth. Theintersection includes 1 metre at 26.5 g/t Au. This hole is located 100 metresnorth of the last drilled section on the Western Zone. Drill hole DDH064intersected 8 metres at 7.67 g/t Au from 139 metres down the hole depth. Theintersection includes 3 metres at 16.0 g/t Au. Drill hole DDH065 intersected 8metres at 1.38 g/t Au from 80 metres down the hole depth. These last two holesare infill holes. The current JORC resource for Baomahun stands at 880,000 oz Au, but the resultsfrom these three holes clearly indicate upside potential for the resourceinventory given that drilling to date has covered less than 25% of the 12kilometres mineralised corridor. The objectives of the 2007 drilling programme are: 1) to infill drill the known mineralised Zones in order to upgrade the resources to indicated and measured categories; 2) to drill along strike and down dip to further increase the resource base; and 3) to investigate new prospects outlined by geochemistry and trenching. The second diamond drill rig is expected to arrive in February to expedite theprogramme. In addition to the current drilling programme, samples have beensubmitted to SGS Lakefield in South Africa for metallurgical test work andresults are expected in the first quarter of 2007. Mr. Douglas Chikohora, Technical Director of Cluff Gold plc, comments, "We aredelighted with these initial results which serve to substantiate our belief thatthe resource at Baomahun has real potential for further expansion, hence theextensive drilling programme planned for 2007. Progress will be significantlyaccelerated with the planned mobilisation of a second rig in February and we arenow well placed to take Baomahun to the pre-feasibility stage during the secondhalf of this year." Qualified Person: Douglas D Chikohora has reviewed the information contained in this announcement.Douglas D Chikohora, Msc, MIMMM, CEng, is the Technical Director of the Company. For further information, please contact: Cluff Gold plcJ.G. Cluff / Douglas ChikohoraChairman / Technical DirectorTel: +44 (0)20 7340 9790 WH Ireland LimitedDavid YoungmanTel: +44 (0)161 832 2174 Parkgreen CommunicationsCathy Malins / Annabel LeatherTel: +44 (0)20 7851 7480 Notes to Editors Baomahun is located about 180 kilometres east of the capital, Freetown, in theSouthern Province of Sierra Leone and the geological setting is similar to theLake Victoria goldfields in Tanzania. Cluff Gold has an agreement with theowner of Baomahun, Winston Mines Limited, giving the Company the right to own upto a 60 per cent. interest by funding the project to the completion of abankable feasibility study or to a maximum of US$5 million. Baomahun covers anarea of about 137 km(2). This information is provided by RNS The company news service from the London Stock Exchange
Date   Source Headline
16th Jul 20137:00 amRNSYaoure Gold Project Update
8th Jul 20131:40 pmRNSDIRECTORS' DEALINGS
3rd Jul 20134:40 pmRNSDIRECTORS' DEALINGS
2nd Jul 20137:00 amRNSBaomahun Feasibility Study
27th Jun 201310:10 amRNSNOTICE OF BAOMAHUN FEASIBILITY STUDY
12th Jun 20134:35 pmRNSPrice Monitoring Extension
5th Jun 201311:59 amRNSResult of AGM
22nd May 20137:00 amRNSQ1 2013 RESULTS
21st May 20137:00 amRNSGRANTING OF ENVIRONMENTAL PERMIT FOR SEGA PROJECT
13th May 20137:00 amRNSPOSTING OF ANNUAL REPORT AND NOTICE OF AGM
10th May 20137:00 amRNSFILING OF YAOURE TECHNICAL REPORT
30th Apr 20137:00 amRNSRECEIPT OF PERMITS FOR KALSAKA/SEGA HAUL ROAD
10th Apr 20134:00 pmRNSDirectors' Dealings
5th Apr 20134:35 pmRNSPrice Monitoring Extension
2nd Apr 20133:30 pmRNSDirectors' Dealings
27th Mar 20137:00 amRNS2012 AUDITED FULL YEAR RESULTS
25th Mar 20137:00 amRNSResource Update for Yaoure Gold Project
16th Oct 20127:00 amRNSPEA and Exploration Update for the Sega Project
3rd Oct 20127:00 amRNSConfirmation of change of ticker
1st Oct 20127:00 amRNSChange of name and corporate update
12th Sep 20127:00 amRNSStrategic Alliance between Cluff Gold and Samsung
24th Feb 20115:33 pmRNSResignation of Non-Executive Director
26th Jan 20117:00 amRNSOperational and Strategic Review for 2011
23rd Dec 20103:04 pmRNSAdditional Listing of 182,565 ordinary shares
22nd Dec 20103:59 pmRNSDirector's Dealings
21st Dec 20104:21 pmRNSDirectors' Shareholdings
1st Dec 20107:00 amRNSFinal VTEM Results for Baomahun Gold Project
30th Nov 20107:00 amRNSKalsaka Exploration Drilling Update
1st Nov 201011:06 amRNSAdditional Listing
28th Oct 20107:00 amRNSUS$15M Private Placement with Macquarie Bank
12th Oct 20105:00 pmRNSHolding(s) in Company
12th Oct 201011:49 amRNSHolding(s) in Company
8th Oct 20101:05 pmRNSHolding(s) in Company
6th Oct 20104:24 pmRNSAdditional Listing
29th Sep 20107:00 amRNS2010 Interim Results
9th Sep 20107:00 amRNSH1 2010 Trading Update
3rd Sep 20107:00 amRNSDirectorate Change
13th Aug 20105:42 pmRNSTECHNICAL REPORT ON BAOMAHUN FILED ON SEDAR
28th Jul 20105:10 pmRNSDirector/PDMR Shareholding
6th Jul 20109:49 amRNSGrant of Options to Directors
30th Jun 201011:58 amRNSResults of the Prelim Assessment for Baomahun Gold
29th Jun 20107:00 amRNSResult of AGM and new Board appointments
15th Jun 201011:42 amRNSPosting of Annual Report
4th Jun 20107:00 amRNSIncreased Mineral Resource Estimate at Baomahun
2nd Jun 20102:57 pmRNSForm 8.3 - Cluff Gold Plc
2nd Jun 201011:37 amRNSForm 8.5 (EPT/NON-RI)
1st Jun 20105:41 pmRNSTermination of Offer Talks
1st Jun 20103:05 pmRNSForm 8.3 - Cluff Gold Plc
1st Jun 201011:11 amRNSForm 8.5 (EPT/NON-RI)
1st Jun 201010:11 amRNSForm 8.5 (EPT/RI)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.