Panthera Resources PLC (AIM:PAT) and its joint venture partner DFR Gold have started drilling at the Kalaka project in Mali.
Targets in the programme will be extensions of the K1A prospect together with several new targets that extend to the north.
Two drill holes will complement the existing diamond and reverse circulation drilling at the K1A mineralisation, the company said in a statement, with some step-out drilling.
Mark Bolton, Panthera’s managing director, noted: "The Kalaka project has large-scale, low-grade gold mineralisation potential.
“Historical drilling consistently reported significant gold intercepts.
“The programme of in-fill drilling at the K1A prospect may also provide sufficient data to report a first mineral resource estimate.
“The drilling programme is expected to be completed this month with assay results expected in September 2023."