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Mining

Canyon Resources targets gold in auger drilling in Burkina Faso

Canyon Resources (ASX: CAY) is targeting gold in Burkina Faso with an auger drilling program, with a minimum of 10,000 metres to be drilled at Taparko North, with additional holes being planned for the Taparko North and the Tao Project.

The initial program consists of a 400m by 80m gridded pattern designed to test favourable structural and geological areas, with a particular focus over the Markoye Fault corridor.

Phil Gallagher, managing director, said "Although it is early days for Canyon in West Africa, the existence of several multi million ounce gold deposits in the Markoye Fault corridor, where Canyon's drilling is focusing, and the shallow artisanal mining we've witnessed on both of our gold projects provides the board with confidence that Canyon has a great opportunity to discover a large gold deposit on its tenements."

Canyon said the auger rig will work double shifts to accelerate the identification of potential gold anomalies, allowing follow-up drilling programs to be designed and carried out sooner.

Reverse cirulation drilling is planned to begin in early 2011.

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