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Vela Minerals Ltd. V.VLA

"Vela Minerals Ltd is engaged in acquiring and exploring mineral properties. The company is involved in the business of exploration and evaluation properties includes; Rossland property located in British Columbia."


TSXV:VLA - Post by User

Post by sueronon Aug 13, 2020 7:48am
510 Views
Post# 31401977

Arbor to start Rakounga work program in two weeks

Arbor to start Rakounga work program in two weeks

Not Saying To Buy Or Sell

Arbor to start Rakounga work program in two weeks

 

2020-08-13 03:32 PT - News Release

 

Mr. Mark Ferguson reports

ARBOR METALS SET TO BEGIN SUMMER 2020 WORK PROGRAM AT RAKOUNGA GOLD PROJECT, WEST AFRICA

Arbor Metals Corp.'s upcoming work program at the Rakounga gold project, located in Burkina Faso, West Africa, is scheduled to begin in the next two weeks.

The program will consist of a 24-line soil grid and sampling program designed to identify potential gold mineralization extending from the property's northern boundary southwest from the Bouboulou 1 mineral showing, linking to a series of northeasterly trending soil gold anomalies identified in previous geochemical surveys. The survey will cross two existing gold trends, that being the Bouboulou 1-2 trend and the Rawema Koala trend, identified on the adjacent Bouboulou property to the north. The survey is designed to cover identified geophysical trends striking southwest-northeast along the property.

The survey will consist of lines spaced 200 meters apart with sample locations occurring every 50 meters. This initial phase of exploration will enhance the geochemical understanding of the property and assist in targeting areas for follow up drilling.

More information will be made available closer to the commencement of the program.

About the Rakounga Gold Project

The Rakounga Gold Project consists of an exploration permit covering a two-hundred-and-fifty square kilometer area located along the Goren Greenstone Belt in central Burkina Faso. The Company holds the right to acquire up to a one-hundred percent interest in and to the Project, subject only to pre-existing royalty obligations. The Company has control over operations conducted on the Project and will look to expand on historical drilling and survey work conducted on the Project.

We seek Safe Harbor.

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