Canyon Resources (ASX: CAY) has intersected 4 metres at 50.68 grams per tonne (g/t) gold from its recently completed maiden 7,005 metre reverse circulation (RC) drilling campaign on the Tao Project in north eastern Burkina Faso.
Sample assays from an additional 14 of the 73 holes have been returned and outline gold mineralisation over a 1 kilometre strike length at the Tondoby Prospect.
Highlights include:
- 20 metres at 11.0 g/t Au from 56 metres, including 4 metres at 50.68 g/t Au;
- 8 metres at 2.46 g/t Au from 60 metres; and
- 12 metres at 1.94 g/t Au from 60 metres.
These results complement previously announced results from the same program including 24 metres at 1.89 g/t gold from 20 metres, including 8 metres at 5.07 g/t gold.
Pending results from the remaining 48 holes have the potential to extend the strike length significantly and are expected over the coming weeks.
Canyon’s mineral exploration projects in Burkina Faso cover an area of 3,010 square kilometres in the Birimian Greenstone Belts of the West African craton.
These permits comprise four project areas known as the Taparko North Project, the Tao Project, the Derosa Project and the Wilier Project.
The Tao Project lies in the Gorouol Greenstone Belt which hosts the country’s largest deposit, the 5 million ounce Essakane gold mine.