The drill programme was completed during 4Q18 and consisted of 12 holes to an average depth of 468 m (m) and 5612 m in total. The highlights of the drill results revealed high grade gold mineralisation that attested the mine's historical production to date. The most significant gold value intersections were 3.1 m graded at 10.9 grams per ton (g/t), 4.8 m graded at 8.7 g/t and 14.2 m graded at 5.7 g/t. In January, Goldman Sachs announced a 10% increase to its 2019 gold forecast.
The company's management and its technical team are ecstatic with the drill results from Phase I Program. Consequently, daily meetings are currently underway to finalise the size, scope, and budget details of an accelerated Phase II Drill Program that will be initiated as soon as possible.