RE:RE:Continued Bonanza Grades Below Adumbi pit Much like it's Template Kibali, these results with high grades over significant widths further demonstrate the underground resource potential below the pit shell as well as excellent continuity of the mineralised, banded ironstone formation (BIF).
This is a very important observation in that The gold mineralization at Adumbi is directly related to the chemical and physical properties of the BIF host rock and the mineralized BIF is increasing in thickness with depth.
Its quite likely that as the underground BIF gold lode deepens , it's increasing mineralized width along with increasing grades with depth will rapidly increase defined gold resources that will match that of Kibali per vertical metre.
This places Adumbi in a very favorable position that, including the pit and underground, 2022 drilling will have an excellent chance of defining more than 10 million ounces , with an upside shot at 15 m ounces.
As part of the PEA, an updated resource within the pit shell should now be very near completion, with the addition of hole #26 and it's interpolative interpretation upwards into the floor of the pit.
Hole #26 will certainly meet the aim of maximising the available in pit ounces and converting a sizeable percentage of the existing inferred resource into the indicated category.