RE:New.. Another high grade intercept at Adumbi, ABX gone but,, That single hole of 20 m grading 4.21 gms per ton within the constrained pit wall completes the drilling for the pit which is 500 m or less.
Current and future drilling will focus on defining the resource extension at depth where grades are higher.
Once ABX knew that Makapela was not available for sale, it decided to call it quits.
Mongaliema has had only early stage exploration activity including geological mapping, auger drilling, scout-pitting and trenching was undertaken with an encouraging trench/artisanal pit assay result of 37.3 metres grading 1.48 g/t Au , plus several rock samples from old artisanal workings yielding gold mineralization including 14.9 g/t, 5.23g/t, 2.9g/t and 2.43g/t Au.
Those are excellent early findings, reinforced by frequent artisanal mining pits extending to and south of Makapela.
However, current priority is completing the necessary deep drilling at Adumbi for the PEA, and initial drilling programs at the 4 new discoveries at Imbo east.