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Perseus Mining Ord Shs T.PRU

Alternate Symbol(s):  PMNXF

Perseus Mining Limited is an Australia-based gold producer, developer, and explorer. The Company also conducts mineral exploration and evaluation activities in Africa. It operates three gold mines in Africa: Edikan in Ghana and Sissingue and Yaoure in Cote d'Ivoire and owns the Meyas Sand Gold Project in Sudan. Edikan Gold Mine is a large-scale, low-grade multi open-pit operation located in the Central Region of Ghana, approximately 45 kilometers southwest of the regional town of Obuasi. The Sissingue is located in northern Cote d'Ivoire and lies within the Sissingue exploitation permit that covers an area of over 446 square kilometers, bounded on one side by the international border between Cote d’Ivoire and Mali. Yaoure is located in central Cote d'Ivoire, over 40 kilometers northwest of Yamoussoukro, the political capital, and over 270 kilometers northwest of Abidjan, the economic capital of Cote d'Ivoire. It also operates Nyanzaga Gold Project, located in north-western Tanzania.


TSX:PRU - Post by User

Bullboard Posts
Post by nicklebacksuckson Mar 18, 2010 10:09pm
627 Views
Post# 16901241

decent results today

decent results todayExploration update. West African gold projects

Perseus Mining Limited (ASX/TSX: PRU) is pleased to provide an update on exploration activities at the Company’s flagship Central Ashanti Gold Project (CAGP) in Ghana and the Tengrela Gold Project in the Ivory Coast.
During February, exploration activities accelerated with a combined 26,400m of exploration drilling completed on the CAGP (formerly referred to as Ayanfuri) and the Tengrela Project, up from 5,000m in January.
The inflow of 2010 drill assay results has commenced with significant results contained in tables 1-4 of this release, highlights include:
Tengrela
Core hole SD088 - 26.4m at 7.4g/t Au from 83m including 11m at 14.4g/t Au from 90m;
RC hole SLC157 - 26m at 9.7g/t Au from 84m to the end of the hole including 2m at 112.2g/t Au from 104m;
Core hole SD089 - 40.5m at 1.9g/t Au from 101m and 7.6m at 1.9g/t Au from 77m; and
Core hole SRCOX004 - 56m at 1.7g/t Au from 19.5m.
CAGP
Core hole FBDD060 - 22m at 6.4g/t Au from 191m including 1m at 112.9g/t Au from 200m; and
Core hole ABDD147 - 75m at 1.6g/t Au from 274m.
Bullboard Posts