https://www.engineeringnews.co.za

Kerboulé to achieve resource estimate this year

6th January 2015

  

Font size: - +

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.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (26/04/2024)
26th April 2024 By: Martin Creamer
Magazine cover image
Magazine round up | 26 April 2024
26th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.067 0.117s - 156pq - 2rq
Subscribe Now