Shanta reports high-grade drilling results from West Kenya project

6th September 2021

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

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Aim-listed Shanta Gold has provided an update from the sixth set of drilling results reported this year from the West Kenya project, in Kenya, with the results continuing to demonstrate high-grade gold intersections from infill drilling.

Its latest update relates to 3 205 m of drilling across 11 holes conducted in June and July at the Isulu and Bushiangala deposits and reports new information received since the company’s previous exploration update, released on August 9.

Visible gold was identified in three intersections across 11 holes drilled.

The true width of mineralisation is estimated at about 60% to 70% of the intercept core length.

Intersections reported include the second set of results received from Phase 2 of the ongoing drilling campaign, which is targeting mineralisation at 200 m to 450 m below surface.

A resource update, focused on about 10% of the total National Instrument 43-101 inferred resource of 1.2-million ounces between 0 m to 200 m in depth, and partially using intersections reported today, is expected to be released in September.

Also, 45% of total planned infill drilling for this year and 17% of total planned infill drilling over three phases for West Kenya has now been reported.

“We are delighted with our second set of results from Phase 2 drilling at West Kenya. While the intersections across the board have been very strong, we are particularly pleased with a new intersection of 3.9 m at 63.80 g/t gold, which is 60 m in proximity to the undisclosed hole announced last month which intersected 4 m at 706.3 g/t.

“We are almost halfway through our total planned infill drilling programme at West Kenya for 2021 with a resource update due to be released later this month.

“We believe West Kenya represents significant upside potential for our business and we are excited to replicate our success in Tanzania across the wider East Africa region,” CEO Eric Zurrin comments.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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