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Amani Gold upgrades Kebigada measured resource to 1.1 Moz - The Pick Online Magazine

Written by Staff Writer | Mar 29, 2023 1:16:26 PM

Amani Gold Limited (ASX: ANL) has unveiled a resource upgrade for the Kebigada deposit in the DRC of 141.1Mt @ 0.97g/t Au (4.4Moz contained), which includes a maiden measured resource of 32.9Mt @ 1.08g/t Au (1.1Moz contained).

The Giro Gold Project Global Mineral Resource Estimate (Kebigada and Douze Match) is now 149.2Mt @ 0.99g/t Au (4.7Moz contained).

“We are very pleased with the resource upgrade at Kebigada. The maiden 1.1Moz measured resource confirms the broad and consistent gold mineralisation within the Kebigada deposit.

We look forward to updating shareholders with further information on the development and commercialisation of the Giro Gold Project,” Managing Director, Conrad Karageorge, said.

About the Kebigada Deposit

The Kebigada gold mineralisation is associated with the northwest trending Kebigada Shear Zone, a zone of deformation more than 400m wide at Kebigada. The mineralisation is interpreted to be concentrated within a north-north-west (335°) trending dilational jog structure within the shear zone and dips at approximately 70° to the west-south-west (245°).

The new Kebigada resource follows a successful diamond drilling campaign completed in 2022 which confirmed the consistency and broad zones of gold mineralisation at the Kebigada deposit. 8 diamond drillholes (3,532m) were completed during this campaign and returned the following significant intercepts as reported in previous ASX announcements:

  • GRDD036 – 305.0m @ 1.18g/t Au from Surface
  • GRDD037 – 201.0m @ 0.97g/t Au from Surface
  • GRDD038 – 60.00m @ 1.28g/t Au from Surface
  • GRDD039 – 59.99m @ 2.35g/t Au from 98.86m
  • GRDD040 – 400.8m @ 0.43g/t Au from Surface
  • GRDD041 – 468.0m @ 0.43g/t Au from Surface
  • GRDD042 – 70.02m @ 0.81g/t Au from 298.98m
  • GRDD043 – 36.02m @ 1.84g/t Au from 355.75m

Updated Kebigada Resource

Amani Gold (Amani) commissioned Geowiz Consulting (Geowiz) to prepare a Mineral Resource Estimate (MRE) for the Kebigada Gold Deposit (Kebigada) which forms part of the Giro Gold Project (Giro) located in the Haut-Uele Province, northeast Democratic Republic of Congo (DRC).

Validation of the grade estimates was completed by:

  • Visual checks on screen in cross-section and plan view to ensure that block model grades honour the grade of sample composites;
  • Statistical comparison of sample and block grades;
  • Generation of swath plots to compare input and output grades in a semi-local sense by northing.

The company says the deposit appears to be of sufficient grade, quantity, and coherence to have reasonable prospects for eventual economic extraction.

https://www.amanigold.com/