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Sylla Gold to acquire the Niaouleni Gold project

Published by , Editor
Global Mining Review,

Sylla Gold Corp. has entered into a definitive option agreement with Niaouleni Gold Inc. and Niaouleni Gold Mali SARL, pursuant to which the company has been granted an option to acquire an indirect 100% interest in one gold exploration permit located in the Republic of Mali.

The Niaouleni Project is 9400 ha. in size, is accessible by a paved highway, and includes extensive artisanal mining activity within the interpreted extensions of gold bearing structures.

Past exploration at Niaouleni includes extensive reverse circulation (RC) and diamond drilling, which have identified several structural gold-bearing zones that appear to extend from the adjacent Kobada gold deposit. Historical exploration and drilling results are currently being compiled into a digital database and will be interpreted for the purposes of designing a drilling program to further test these structural gold-bearing zones and possibly extend them further.

Niaouleni Gold Mali SARL is a wholly-owned subsidiary of Niaouleni Gold.

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African mining news Gold mining news