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Akobo Minerals discovers new gold mineralisation zone at Segele

Published by
Global Mining Review,


Akobo Minerals has provided an update from ongoing exploration activities with new encouraging findings.

Akobo Minerals discovers new gold mineralisation zone at Segele

Highlights:

  • A new gold mineralisation zone has been discovered near the Segele mineral resource including a visible gold intersection.
  • The company has drill tested two new targets around Segele, both within 500 m distance.
  • Preparation ongoing for a soil geochemical sampling program between Segele and Joru.
  • Preparation ongoing for a ground geophysical survey over the Segele mine license area.

Jørgen Evjen, CEO of Akobo Minerals, stated:

“We are very excited about the new discoveries, and I am quite sure we are just scraping the surface of the long-term potential within our exploration license area. Exploration is still our main activity, soon to be supported by cash flow from our mining operations. I am therefore looking forward to refocusing on our exploration program with our new drill rigs. Moving forward we will have the opportunity to fulfill our long-term goal of becoming the leading exploration and mining company in Ethiopia.”

Read the article online at: https://www.globalminingreview.com/mining/03052022/akobo-minerals-discovers-new-gold-mineralisation-zone-at-segele/

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African mining news Gold mining news