Moussala and DandokoWhile shareholders and prospective shareholders await the results of the Diakha drilling in the south of the Kambaya permit along the Fekola-Boto trend, here is some interesting information on two new gold mineralized trends a few kilometers to the north of Diakha adjacent to the same Kambaya permit.
Both Moussala and Dandoko are trends that run in a south east direction right into the Merrex property.
Moussala
Is being currently drilled out by Robex as a high priority target. Robex has drilled the most southerly part of Moussala closest to the Merrex property with significant success at depths of under 100m with RC drilling.
https://robexgold.com/en/2014/05/2014-05-28/
This trend runs toward the south end of Papillion's Fekola discovery right through Merrex property
Dandoko
Is being drilled out this year by Oklo Resources Ltd, an Aussie firm. They have 2014 results from their southern most part of their permit called Selingouma, closest to Merrex property and again, promising indications with auger and RC drilling.
Dandoko trends into the Merrex property toward the IAM's Boto property.
Oklo also has a permit in the Moussala trend, and are obviously waiting it out to see what Robex comes up with there.
Summary
The Merrex permit of Kambaya is now looking like it has at least three good gold trends coming into it: the Fekola-Boto trend in the south, the Moussala trend in the north, and the Dandoko trend in between. At this point, the Kambaya permit, just one of 7 permits owned or jointly owned by Merrex in the area is looking like a very valuable property.
As drilling continues not only in the extended Merrex JV drilling program, but also the drilling surrounding the property by IAMgold, Robex and Oklo, 2014 is shaping up to be a stellar year for Merrex.
If today's bump in gold prices continues to trend up toward the $1400-1500 range soon, the interest in Merrex will intensify and so will its value and shareholders will be well rewarded.