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Algold Resources Ltd. ALGDF

Algold Resources Ltd is a junior mineral exploration company. The company is focused on the exploration and development of gold deposits in West Africa. Its properties are located in Mauritania, including Kneivissat, Legouessi, and Tijirit and Akjoujt.


GREY:ALGDF - Post by User

Post by whippeton Sep 12, 2017 9:14am
73 Views
Post# 26683812

good results 6.84 g/t Au over 15 meters

good results 6.84 g/t Au over 15 meters

High-Grade Gold Mineralization Extended at Depth and Along Strike at Tijirit in Mauritania  

ALGOLD RESOURCES LTD . ( TSXV: ALG - " Algold " or the " Corporation " ) today announced additional assay results from the diamond ("DDH") and reverse-circulation ("RC") drilling carried out on its Tijirit property ("Tijirit") in Mauritania as part of the Corporation's Phase III 25,000-meter drilling campaign. The results, which include 6.84 g/t Au over 15 meters, continue to demonstrate the high-grade nature and the continuity of the mineralization, both near surface and at depth, over the 3.5-kilometer strike length of the Eleonore zone (Figure 1).

Highlights*

  • RC T17RC107 (Eleonore South) - 6.84 g/t Au over 15 m, including 24.00 g/t Au over 4 m, approximately 40 meters below the surface and 2.16 g/t Au over 8 m, including 6.04 g/t Au over 2 m, approximately 100 meters below the surface (Figure 2). 
  • RC T17RC122 (Eleonore South - new sub-zone) - 8.16 g/t Au over 5 m, including 28.00 g/t Au over 1 m, approximately 50 meters below the surface (Figure 2). 
  • DDH T17RD139 (Eleonore South) - 21.53 g/t Au over 1.8 m at approximately 115 meters below the surface (Figure 2). 
  • DDH T17RD002 (Eleonore South) - 10.24 g/t Au over 3.7 m at approximately 130 meters below the surface (Figure 2). 
  • DDH T17DD016 (Eleonore North) - 14.62 g/t Au over 3.3 m at approximately 85 meters below the surface (Figure 3) (Photo 1). 
  • RC T17RC109 (Eleonore North) - 5.76 g/t Au over 2 m at approximately 95 meters vertical depth (Figure 3). This hole extends the Eleonore North zone by 100 meters. 
  • RC T17RC115 (Eleonore Central) - 2.70 g/t Au over 7 m, including 8.06 g/t Au over 2 m, at approximately 35 meters below the surface (Figure 4).

*All intersections reported are down-hole lengths.


Read more at https://www.stockhouse.com/news/press-releases/2017/09/12/algold-intercepts-6-84-g-t-au-over-15-meters-at-eleonore#v8XqOyVHdPi8wYgY.99
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