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IronRidge Resources commence third phase Zaranou drilling programme

Published by
Global Mining Review,


IronRidge Resources Ltd, an African focused minerals exploration company, has reported the commencement of its third phase drilling programme within the Zaranou Gold Project area, Ivory Coast, with approximately 50 000 m of drilling planned. The license borders with Ghana is along strike from significant operating gold mines including Chirano (5 million oz), Bibani (5.5 million oz) and Ahafo (17 million oz).

Highlights

  • Third phase drilling programme commenced with approximately 50 000 m of drilling planned.
  • One air core (AC) and the first of two reverse circulation (RC) drill rigs on site and drilling, with a second RC rig scheduled to arrive within one week.
  • Approximately 20 000 m of RC resource drilling planned over the Ehuasso Main target to test mineralisation continuity to 80 m line spacing and to test down-dip continuity from previous AC and RC intersections.
  • RC drilling is planned to be completed by end 4Q20 using two dedicated RC rigs with the aim of defining a maiden mineral resource under an accelerated timeline and dependent on results.
  • Approximately 30 000 m of exploration AC drilling planned to test the Ebilassokro, Yakassé, Super Pit and Mbasso targets at 160 m broad spaced drill traverses; to be completed by end 4Q20.
  • AC drilling to advance exploration pipeline along the Zaranou license, including drill testing historic drilling results at Yakassé, stepping out from Phase 1 drill intersections at the Mbasso and Super Pit targets and extending favourable second phase results at the Ebilassokro target.

Commenting on the company's latest progress, Len Kolff, Chief Operating Officer of IronRidge, said: "Whilst waiting on final results from the second phase drill programme, we have re-mobilised the drill rigs and added a third rig to accelerate infill drill testing of the Ehuasso Main target and continue to build on the pipeline of exploration targets.

"Sufficient drill pads and access has been prepared ahead of the rigs for the third phase infill RC programme to commence within the Ehuasso Main target and step-out AC exploration programme along the Ebilassokro, Mbasso, Super Pit and Yakassé targets.

"The RC rig has commenced 80m spaced infill drill traverses and deeper back holes along existing AC traverses over the Ehuasso Main target, whilst the AC rig has commenced heel to toe 160 m spaced traverse drilling at the Ebilassokro exploration target, stepping out from previously reported intersections.

"A second RC rig is scheduled to arrive within a week to accelerate the planned 20 000m RC resource drilling programme to be completed by end 4Q20, with the aim of defining a potential mineral resource at the Ehuasso Main target under an accelerated timeline and dependent on infill results.

"The AC rig will continue to build the pipeline of exploration targets along the Zaranou license with approximately 30 000 m of drilling planned to test historic drill results at the Yakassé target and step out 160 m spaced AC traverses at the Ebilassokro, Mbasso and Super Pit targets where Phase 1 and Phase 2 drilling reported promising results."

Drilling Re-Commenced

The second phase drilling programme has now been completed with 22 389 m drilled in 416 holes across the Ehuasso and Ebilassokro targets. The AC programme consisted of 20 312 m in 404 holes over the Ehuasso and Ebilassokro targets, and the RC programme consisted of 2077 m in 12 holes over the Ehuasso targets. Remaining AC and RC results will be reported as soon as they become available and have been reviewed.

Field teams have now remobilised to site and an AC and RC rig have re-commenced drilling activities with a second RC rig scheduled to arrive within a week for a total of three rigs active.

A total of approximately 50 000 m of combined AC and RC drilling has been planned along the Zaranou license, with approximately 20 000 m of resource RC drilling at the Ehuasso Main target and 30 000 m of exploration AC drilling at the Ebilassokro, Mbasso, Super Pit and Yakassé targets.

Approximately 20 000 m of RC resource drilling has been planned at the Ehuasso Main target, designed to infill the existing 160 m spaced AC drill traverses to 80 m line spacing, as well as test deeper below previously reported AC intersections along the 1.5 km long target.

RC Drilling is planned to be completed by end 4Q20 using two dedicated RC rigs with the aim of defining a maiden mineral resource under an accelerated timeline and dependent on results.

Approximately 30 000 m of exploration AC drilling is planned at the Ebilassokro, Yakassé, Mbasso and Super pit targets, to be completed by end 4Q20. Drilling is planned to test along strike from previously reported results from the first and second phase drill programmes at broad 160 m spaced AC drill traverses.

Read the article online at: https://www.globalminingreview.com/exploration-development/09092020/ironridge-resources-commence-third-phase-zaranou-drilling-programme/

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African mining news Gold mining news