Amara Mining Regulatory News (AMA)

18 Apr 2007 07:00

Cluff Gold PLC18 April 2007 Cluff Gold plc ("Cluff Gold" or the "Company") Drilling update at Baomahun Gold Project, Sierra Leone Highlights: • Fold hinge area at Baomahun yields high grade intercepts • Drill hole DDH103 intersects 22 metres grading 11.53g/t Au, including 5m@ 25g/t Au • Data compilation for an interim resource update underway • Second core rig commissioned on 16th April • Drilling rate with second rig to increase to between 300 and 400 metres daily Cluff Gold today announces further encouraging drilling results from theBaomahun Gold Project ('Baomahun') in Sierra Leone, where more than a quarter ofthe planned 30,000 metres of core drilling has been completed. The totalprogramme will consist of 15,000 metres of infill drilling and 15,000 metres ofnew exploration drilling. The infill drilling has been designed to produce a 25 metre spaced grid on theEastern, Central and Western Zones and the focus so far has been on the southernarea of the Central Zone and an area around the eastern limits of theinterpreted fold, between the Central and Eastern Zones. Other drilling hasin-filled between the existing inferred resource drilling on the Central Zone. The exploration drilling is focussed on the identification of possibleextensions to the Western Zone and on the fold-hinge area between the Centraland Eastern Zones. Assay results from several holes drilled in the newfold-hinge area are being received. The fold-hinge area will be included in theinterim resource update currently underway. Below is a summary of some of the additional intersections recorded so far thisyear: Hole ID Dip Azimuth Intercept From (m) To Zone Comment (m) DDH083 60 252 3m @ 9.21g/t 149 152 Central Zone DDH 45 316 5m @ 7.64g/t 71 76 Fold Area094 4m @ 1.03g/t 105 109 Fold Area DDH096 55 342 3m @ 2.15g/t 193 196 Fold Area 15m @ 2.69g/t 229 244 Fold Area Includes 8m @ 4.19g/t DDH 2m @ 3.29g/t 86 88 Fold Area097 DDH 19m @ 6.38g/t 28 47 Fold Area Includes 3m @ 16.89g/t 098 11m @ 1.05g/t 73 84 Fold Area DDH 45 162 Fold Area Results pending099 DDH 55 342 14m @ 3.56g/t 24 38 Fold Area Includes 3m @ 9.53g/t100 DDH101 45 342 6m @ 1.34g/t 184 190 Fold Area DDH Fold Area Results pending102 DDH103 45 58 12m @ 6.12g/t 50 62 Eastern Zone 3m @ 3.27 114 117 Eastern Zone 22m @ 11.53g/t 152 174 Eastern Zone Includes 5m @ 25g/t The second core rig has now been commissioned and Cluff Gold therefore expectsdrilling to increase from this week to a rate of between 300 and 400 metresdaily. The Company also announced recently that it has requested bids from variousconsultants to undertake a pre-feasibility study on Baomahun and the decision onan appointment will be made before the end of April. The study will look at thevarious mine development options and issues raised in the study would beaddressed in a full feasibility study planned for 2008. The pre-feasibilitystudy is planned to be completed in the 4th quarter of 2007. Mr. Douglas Chikohora, Technical Director of Cluff Gold plc comments, "We aredelighted with the latest assay results, particularly from the new fold-hingezone. The high grade intersections further support our belief that Baomahun hassignificant potential to evolve into a substantial gold deposit with furtherexploration and drilling." 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: The Baomahun Gold Project covers an area of about 137 km-2 and is located about180 kilometres east of Freetown, in the Southern Province of Sierra Leone. Thegeological setting is similar to the Lake Victoria goldfields in Tanzania.According to the terms of a joint venture agreement with the owner of Baomahun,Winston Mines Limited, Cluff Gold has recently completed an earn-in of a 60%interest in the Baomahun prospect by spending US$5 million on exploration /development funding. A JORC resource of 880,000 ounces has so far beendelineated at Baomahun, though 70% of the defined mineralised zone is yet to bedrilled. Cluff Gold expects to provide a revised mineral resource estimatebefore June 2007. This information is provided by RNS The company news service from the London Stock Exchange