Castle Minerals (ASX:CDT) has commenced drilling at its Kpali Gold Project in Ghana’s Upper West Region.
The initial seven-hole, 1,000m RC programme will test for down-dip and strike extensions to high-grade gold mineralisation discovered by the Company in a previously unexplored area.
Assaying is being undertaken in-country at the accredited Intertek laboratory with results expected to be available within this current third Quarter.
This drilling is the initial phase of a planned multi-phase, multi-prospect 3,500m programme that, subject to results, will test Kpali and several other prospects in the area such as Kpali East, Bundi, Wa South and Wa East prospects with the aim of confirming a possibly new West African mining camp.
Previous drilling at these latter prospects has also confirmed similarly structurally-controlled, orogenic- style gold mineralisation in the sought-after and highly prospective Birimiam geological terrane. This is the same geological setting as that hosting several world class gold mining operations in the immediate region and across Ghana and West Africa generally.
“We are very pleased to be drilling again at the highly prospective Kpali Gold Project which was a totally virgin discovery by Castle following its recognition as a favourable geological and structural focal point in one of the world’s most well-endowed gold regions,” Executive Chairman, Stephen Stone, said.
“Our immediate aim is to demonstrate that Kpali could be an indicator of a new West African mining camp with initial Castle RC drilling providing a great start to doing that having returned intercepts of 22m at 2.85 g/t Au from 87m including 7m at 6.03 g/t Au from 90m, 5m at 4.53 g/t Au from 99m and 16m at 3.23 g/t Au from 9m.
“Historically high gold prices and increasing investor interest in West African gold exploration are two other good reasons to be reactivating this previously under-the-radar and compelling Castle asset.”
