Kerboulé to achieve resource estimate this year
JOHANNESBURG (miningweekly.com) – Aim-quoted Alecto Minerals is on track to deliver a maiden resource estimate for its Kerboulé project this year, increasing the company’s existing gold inventory.
The mineral exploration company, focused on West and East Africa, completed detailed internal analysis of data from historical drilling at the 399.5 km2 gold project, located in the highly prospective Birimian-age Djibo gold belt in northern Burkina Faso.
The analysis identified three discrete deposits with sufficient drilling density to estimate contained resource ounces.
“The conclusions drawn by our technical team, following the analysis of the historic drilling data and the ongoing geochemistry evaluation, confirm the prospective nature of the project. We believe there is considerable opportunity to enhance the solid work that has been completed historically,” Alecto CEO Mark Jones commented.
The extensive drilling database included 3 420 m from 12 diamond drill holes, all of which had significant intercepts, and 26 603 m from 264 reverse circulation holes, of which 180 had significant intercepts.
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