Waraba Gold Limited Reports Continuation of Drilling Campaign at Fokolore Gold Project and Transition to Diamond Core Drilling
Waraba Gold (CSE: WBGD) (FSE: ZE0) (OTC Pink: WARAF) has announced the continuation of its drilling program at the Fokolore Gold Project in western Mali, West Africa. The company is transitioning from reverse circulation (RC) drilling to diamond core drilling for the next part of its Phase 1 campaign.
This transition follows initial results announced on August 7, 2024, which provided significant geological and structural insights into the mineralized zones. The diamond core drilling technique allows for the recovery of more detailed geological information, important for understanding mineralization and structural controls within the deposit.
The new drilling phase aims to systematically define the extent and grade of gold mineralization, targeting both known zones and exploring new areas within the Fokolore Project. This approach is expected to provide higher-quality samples and enable a more comprehensive analysis of the mineralized zones, expanding Waraba's understanding of the mineralized system.
Waraba Gold (CSE: WBGD) (FSE: ZE0) (OTC Pink: WARAF) ha annunciato la continuazione del suo programma di perforazione presso il Progetto Oro Fokolore nel Mali occidentale, in Africa occidentale. L'azienda sta passando dalla perforazione a circolazione inversa (RC) alla perforazione a nucleo diamantato per la prossima fase della sua campagna Fase 1.
Questa transizione segue i risultati iniziali annunciati il 7 agosto 2024, che hanno fornito importanti informazioni geologiche e strutturali sulle zone mineralizzate. La tecnica di perforazione a nucleo diamantato consente di recuperare informazioni geologiche più dettagliate, importanti per comprendere la mineralizzazione e i controlli strutturali all'interno del giacimento.
La nuova fase di perforazione mira a definire in modo sistematico l'estensione e il grado della mineralizzazione aurifera, mirando sia a zone conosciute che a nuove aree all'interno del Progetto Fokolore. Questo approccio dovrebbe fornire campioni di qualità superiore e consentire un'analisi più approfondita delle zone mineralizzate, ampliando la comprensione di Waraba del sistema mineralizzato.
Waraba Gold (CSE: WBGD) (FSE: ZE0) (OTC Pink: WARAF) ha anunciado la continuación de su programa de perforación en el Proyecto de Oro Fokolore en el oeste de Malí, África Occidental. La empresa está realizando la transición de perforación por circulación inversa (RC) a perforación por núcleo diamantado para la próxima parte de su campaña de Fase 1.
Esta transición sigue a los resultados iniciales anunciados el 7 de agosto de 2024, que proporcionaron importantes conocimientos geológicos y estructurales sobre las zonas mineralizadas. La técnica de perforación por núcleo diamantado permite recuperar información geológica más detallada, lo cual es importante para comprender la mineralización y los controles estructurales dentro del depósito.
La nueva fase de perforación tiene como objetivo definir sistemáticamente la extensión y el grado de mineralización de oro, centrándose tanto en zonas conocidas como en la exploración de nuevas áreas dentro del Proyecto Fokolore. Se espera que este enfoque proporcione muestras de mayor calidad y permita un análisis más completo de las zonas mineralizadas, ampliando la comprensión de Waraba sobre el sistema mineralizado.
Waraba Gold (CSE: WBGD) (FSE: ZE0) (OTC Pink: WARAF)는 서아프리카 말리의 Fokolore 금 프로젝트에서 시추 프로그램의 지속을 발표했습니다. 이 회사는 1단계 캠페인의 다음 부분을 위해 역순환 시추(RC)에서 다이아몬드 코어 시추로 전환하고 있습니다.
이 전환은 2024년 8월 7일에 발표된 초기 결과에 따라 이루어졌으며, 이 결과는 광물화된 구역에 대한 중요한 지질학적 및 구조적 통찰력을 제공했습니다. 다이아몬드 코어 시추 기술은 보다 자세한 지질 정보를 회수할 수 있게 하며, 이는 매장지 내에서의 광물화 및 구조적 통제를 이해하는 데 중요합니다.
새로운 시추 단계의 목표는 Fokolore 프로젝트 내의 알려진 구역과 새로운 지역 모두를 대상으로 금 광물화의 범위와 품위 를 체계적으로 정의하는 것입니다. 이 접근 방식은 보다 높은 품질의 샘플을 제공하고 광물화된 구역에 대한 더 포괄적인 분석을 가능하게 하여 Waraba의 광물 시스템에 대한 이해를 넓힐 것으로 기대됩니다.
Waraba Gold (CSE: WBGD) (FSE: ZE0) (OTC Pink: WARAF) a annoncé la poursuite de son programme de forage au Projet d'Or Fokolore dans l'ouest du Mali, en Afrique de l'Ouest. L'entreprise est en train de passer du forage à circulation inversée (RC) à un forage au core diamant pour la prochaine partie de sa campagne de Phase 1.
Cette transition fait suite à des résultats initiaux annoncés le 7 août 2024, qui ont fourni des aperçus géologiques et structurels significatifs sur les zones minéralisées. La technique de forage au core diamant permet de récupérer des informations géologiques plus précises, ce qui est important pour comprendre la minéralisation et les contrôles structurels au sein du gisement.
La nouvelle phase de forage vise à définir de manière systématique l'étendue et la teneur de la minéralisation aurifère, ciblant à la fois des zones connues et explorant de nouvelles zones au sein du Projet Fokolore. Cette approche devrait permettre d'obtenir des échantillons de meilleure qualité et de réaliser une analyse plus complète des zones minéralisées, élargissant la compréhension de Waraba du système minéralisé.
Waraba Gold (CSE: WBGD) (FSE: ZE0) (OTC Pink: WARAF) hat die Fortsetzung seines Bohrprogramms im Fokolore-Goldprojekt im westlichen Mali, Westafrika, angekündigt. Das Unternehmen wechselt für den nächsten Teil seiner Phase-1-Kampagne von der umgekehrten Zirkulationsbohrung (RC) zur Diamantkernbohrung.
Dieser Übergang folgt auf die ersten Ergebnisse, die am 7. August 2024 bekannt gegeben wurden und bedeutende geologische und strukturelle Erkenntnisse über die mineralisierten Zonen lieferten. Die Diamantkernbohrtechnik ermöglicht es, detailliertere geologische Informationen zu gewinnen, die wichtig sind, um die Mineralisierung und strukturellen Kontrollen im Vorkommen zu verstehen.
Die neue Bohrphase zielt darauf ab, systematisch das Ausmaß und die Gehalt an Goldmineralisierung zu definieren, wobei sowohl bekannte Zonen als auch neue Gebiete innerhalb des Projekts Fokolore erforscht werden. Diese Vorgehensweise wird voraussichtlich hochwertigere Proben liefern und eine umfassendere Analyse der mineralisierten Zonen ermöglichen, wodurch Warabas Verständnis des mineralisierten Systems erweitert wird.
- Transition to diamond core drilling for more detailed geological information
- Targeting both known zones and exploring new areas within the Fokolore Project
- Aims to systematically define the extent and grade of gold mineralization
- None.
Vancouver, British Columbia--(Newsfile Corp. - September 26, 2024) - Waraba Gold Limited (CSE: WBGD) (FSE: ZE0) (OTC Pink: WARAF) (the "Company" or "Waraba") is pleased to announce the continuation of its drilling program at the Fokolore Gold Project in western Mali, West Africa and the transition to a diamond core drilling program from reverse circulation ("RC") drilling.
The initial results of the ongoing Phase 1 drilling campaign, which were announced on August 7, 2024, have provided significant geological and structural insights into the mineralized zones at the Fokolore Project. The Company is committed to unlocking the full potential of the Fokolore Project.
The diamond core drilling technique to be employed in the next part of the Phase 1 drilling campaign allows for the recovery of more detailed geological information, which is crucial for understanding the mineralization and structural controls within the deposit.
Highlights:
Transition to diamond core drilling following initial RC drilling marks a key milestone in Waraba's exploration strategy, aimed at systematically defining the extent and grade of gold mineralization.
Diamond core drilling targeting both known zones and exploring new areas within the Fokolore Project will provide higher-quality samples and enable a more comprehensive analysis of the mineralized zones, in order to expand Waraba's understanding of the mineralized system.
Carl Esprey, CEO of Waraba Gold, commented: "We are excited to advance our exploration efforts at Fokolore with the commencement of diamond core drilling. The data gathered from this work will enhance our geological model and guide us toward unlocking the project's full value. This step reaffirms our commitment to advancing Fokolore as a significant gold project in Mali."
About Waraba Gold Limited
The Company is a resource exploration company that is acquiring and exploring mineral properties. The Company is a reporting issuer in the provinces of British Columbia and Alberta. The Company's common shares trade on the Canadian Securities Exchange under the trading symbol "WBGD" and on the Frankfurt Stock Exchange under the trading symbol "ZE0".
For more information about the Company, please refer to the Company's profile available on SEDAR+ (www.sedarplus.ca).
On Behalf of the Board of Directors
Carl Esprey
Chief Executive Officer, Chief Financial Officer, and Director
Telephone: +1 312 235 2605
Email: cesprey@warabagold.com
Forward-Looking Information and Cautionary Statements
Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include statements relating to: the Company's plans and scope with respect to its drilling campaign, including, details of the Phase 1, Phase 2, and Phase 3, and the stated timelines thereof; the Company's continued exploratory work of the Fokolore project; and the Company's anticipation of providing its shareholders with further updates.
Forward-looking information in this press release are based on certain assumptions and expected future events, namely: the Company's ability to carry out its plans with respect to its drilling campaign under the stated scope and timelines; the Company's ability to continue its exploratory work of the Fokolore project; and the Company's ability to provide its shareholders with further updates.
These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company's inability to carry out its plans with respect to its drilling campaign under the stated scope and timelines; the Company's inability to continued its exploratory work of the Fokolore project; and the Company's inability to provide its shareholders with further updates.
Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward- looking information, except as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/224707
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