Perseus Mining reports exploration success at Côte d’Ivoire gold mines

The latest exploration drilling conducted by West African gold producer Perseus Mining has ‘demonstrated potential for organic growth of gold inventories across its multi-mine asset portfolio’.

In an update to the ASX, Perseus reported ‘encouraging results’ at the Govisou prospect, located 3 km from its Yaouré Gold Mine in Côte d’Ivoire, and gold mineralisation at the Bagoé permit, 70 km from the Sissingué Gold Mine in the same country.

At the Bagoé permit, 52 aircore, 252 RC and six diamond holes were drilled across three prospects, with the best results including 18 metres at 8.42 g/t gold from 78 metres and six metres at 6.75 g/t gold from 27 metres.

These results will be used to form the basis of a definitive feasibility study, which is due for completion in the June quarter.

At Yaouré meanwhile, Perseus focused on two prospects – Angovia 2 and Govisou. 61 RC holes were drilled at Govisou and drilling at the Angovia 2 prospect aimed to define shallow ore beneath the planned oxide pit.

“The results published today illustrate the significant potential for the delineation of further mineral resource and ore reserves in the vicinity of existing infrastructure at each of our mines,” CEO and managing director Jeff Quartermaine said.

“Our Yaouré tenements are showing excellent potential for further discoveries and the drilling results achieved at Bagoé demonstrate why Perseus acquired Exore Resources last year.”

@RGNonline