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Mining

Viking Ashanti identifies new gold anomalies at Akoase in Ghana

Viking Ashanti (ASX: VKA) has discovered new gold anomalies which provide untested exploration targets at the wholly owned Akoase gold project in southern Ghana.

Over 2000 samples were collected on a 400 metre by 50 metre pattern which highlighted three prominent northeast trending >50ppb Au anomalous zones in the western area of the project, while a further six northeast trending anomalous zones have been identified in the southeastern area.

Individual anomalies vary from 800 metres to 2.4 kilometres in strike length, and are up to 100 metres wide.

The anomalies were identified from soil sampling in the western and southeastern areas of the Akoase project, which were targeted by Viking Ashanti based on interpretation of regional geological, structural and geophysical data sets.

Peter McMickan, managing director, commented, "“These anomalies represent new, untested exploration targets, interpreted to be related to sub-parallel fault structures to the Kadewaso structural trend, which hosts our Akoase East 700,000 ounce gold resource."

The company's planned infill soil sampling program over a 200 metre by 50 metre area, which is expected to better define multiple new drilling targets.

Anomalies related to the Kadewaso structural trend

The importance of these anomalies being interpreted to be related to sub-parallel fault structures to the Kadewaso structural trend, is that this trend already hosts the company's Akoase East 700,000 ounce gold resource.

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