Alacer reports exploration result from Çöpler Saddle
The Çöpler Saddle, which borders the western flank of the Çöpler mine, is shaping up to be an “outstanding” near-mine exploration project, TSX- and ASX-listed Alacer Gold CEO Rod Antal said on Thursday, announcing the exploration results from the shear zone.
The initial testing of The Saddle consisted of 50 diamond drill holes with a strike length of more than 2 km. All holes were outside of the Çöpler resource shells and planned mining areas.
The company reported that diamond drill holes intersected oxide and sulphide gold mineralisation, some with impressive grades and thicknesses.
Hole CDD657 intersected 22.6 m at 9.65 g/t gold (oxide) from 24.5 m, including 6 m at 30.78 g/t gold (oxide) from 26.2 m and 1 m at 104 g/t gold (oxide) from 28.2 m and 1.4 m at 8.6 g/t gold (oxide) from 36.2 m.
Hole CDD719 intersected 40.8 m at 4.74 g/t gold (oxide and sulphide) from 120.7 m, including 3.3 m at 6.94 g/t gold (oxide) from 129.8 m and 4.4 m at 25.78 g/t gold (oxide) from 137.1 m.
CDD735 intersected 5.7 m at 39.45 g/t gold (oxide and sulphide) from 34.4 m, including 1.4 m at 155.5 g/t gold (sulphide) from 37.7 m and 2.2 m at 7.74 g/t gold (oxide and sulphide) from 47 m.
“The Çöpler Saddle . . . [is] an important component of our short-term strategy to identify additional oxide ore that we can convert quickly into production by leveraging our existing infrastructure. With Ardich already shaping up to be a major discovery, and now with The Saddle showing potential, albeit at an earlier exploration stage, our short-term strategy is rapidly becoming a reality,” said Antal.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Design, Construction and Maintenance of Site Erected, Welded Bulk Storage Tanks for the Petrochemical, LNG, Ammonia and Sustainable fuel Sectors.
VISIT SHOWROOM
ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
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?
Receive 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)
➕
Recieve 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
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
