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Manas defines two major new gold targets in Côte d’Ivoire - The Pick Online Magazine

Written by Staff Writer | Apr 23, 2020 9:35:33 AM

Manas Resources Limited (ASX: MSR) recent auger drilling programme at the Mbengué gold project (MGP) in Côte d’Ivoire, West Africa has defined two substantial mineralised zones.

The approximately 1.5km long zones were identified in the initial stages of Manas’ 4,000m auger drilling programme to test six major IP geophysical anomalies discovered previously.

The field work, which kicked off in late February, was suspended a month later due to the ongoing Covid-19 Pandemic and associated in-country restrictions, with the programme being ~25% complete.

However, Manas was able to obtain significant results (>0.1g/t Au in 2m samples) from in 15 holes and define the two major parallel mineralised structures with grades of up to 23.6g/t Au in individual 2m samples.

The 50m to 150m wide zones are 300m apart and coincide with the main IP targets and historical drill intercepts.

Manas Chairman, Alan Campbell, said the two zones remain largely untested by deeper drilling and the exploration potential is considered high.

The results received to date from this limited auger drilling programme clearly indicate the potential of the LVP target to host a significant gold target within the recently expanded Mbengué Gold Project area,” Mr Campbell said.

“The rewards of the company’s diligent and systematic exploration efforts are beginning to pay off.

With only 25% of the auger drill programme completed to date, and numerous other large targets identified for follow within only 10km of the Tongonmine plant, we remain excited by the potential we are beginning to realise at the MGP.”

Mr Campbell said the company intends to follow up on these results as soon as it is practical to do so given the current Covid- 19 pandemic restrictions, with further drilling planned to better define the resource potential of the targets.