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Sampling at Kineta comes up with significant gold showings for Ironridge

Published: 07:49 30 Jul 2018 BST

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The gold showings at Kineta are significant

Ironridge Resources LTD (LON:IRR) has identified gold in soil anomalies at the Kineta project in Cote d’Ivoire.

The anomalies are coincident with artisanal workings, now largely abandoned.

READ: Ironridge Resources has a diverse portfolio of metals across West Africa and Australia

The sampling has enabled to new gold targets to be defined.

The company’s highest priority soil anomaly contains greater than 30 parts per billion and up to 3.7 grams per tonne gold over an area two kilometres long and up to 250m wide.

This area also contains over 700 metres of coincident artisanal workings.

"We are pleased to have defined new targets outside of existing artisanal sites as well as confirming the anomalous gold trends,” said chief geologist Len Kolff.

“We are now in a better position to prioritise targets. We are currently reviewing the follow-up exploration programme and look forward to keeping the market updated." 

 

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