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Mining

Canyon Resources intersects more high grade gold at Tao Project in Burkina Faso

Canyon Resources (ASX: CAY) has intersected further high grade gold from its recently completed 73 hole 7,005 metre reverse circulation drilling campaign on the Tao Project in north eastern Burkina Faso, West Africa.

The company would be encouraged by the results from a further nine drill holes as they point to the prospectivity of this project and include:

- 20 metres at 4.01 g/t gold from 64 metres, including 4 metres at 15.10 g/t gold;

- 8 metres at 6.82 g/t gold from 28 metres; and

- 4 metres at 1.90 g/t gold from 40 metres.

These results complement previously announced results from the same program including 20 metres at 11.0 g/t gold from 56 metres, including 4 metres at 50.68 g/t gold.

The continuity of gold mineralisation has been confirmed over a 1 kilometre strike length at the Tondoby Prospect and mineralisation remains open to the north and south, and at depth, with further results pending.

In total, results from 34 holes have now been returned with results yet to be received for a further 39 holes.

The Tao Project lies in the Gorouol Greenstone Belt which hosts Burkina Faso’s largest gold deposit, the 5.8Moz Essakane gold mine.

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