JOHANNESBURG (miningweekly.com) – Additional samples taken from an historic drill core at Aim-listed Sula’s Ferensola gold project, in Sierra Leone, have yielded further positive results, with one oxide sample returning an assay of 28.9 g/t gold.
In early November 2016, samples were collected from an historic drill core remaining on site that was drilled prior to Sula's ownership of the Ferensola project's licence.
While the quality of the samples collected was deemed poor, owing to core box degradation over time, the samples were collected with the aim of assessing additional zones of potential mineralisation and to extract the maximum amount of information from the historic core. As such, all visible fresh sulphide zones and potential oxidised mineralisation zones were sampled.
In total, 25 samples were collected from historic drill holes, which were drilled towards the north-west and are now known to be sub-parallel to the actual dip of the mineralised shear zones identified by Sula.
The sample results received serve to further highlight Ferensola's potential, with increasing evidence of high-grade near-surface oxide mineralisation.
All samples were analysed by way of fire assay at ALS Laboratories, in Ireland.
"It is very pleasing that what was planned largely as a confirmatory exercise has yielded some exceptionally positive results pointing towards exciting gold grades within the project's weathered oxide zone.
“This represents an opportunity for an early start on a near-surface deposit that will enhance the project's economics. We will re-examine a potential oxide exploration programme as the planned drilling programme, due to start in the new year, unfolds,” commented Sula CEO Roger Murphy.