logo-loader
viewIronRidge Resources Ltd

IronRidge snaps up rights for “highly prospective” gold licence in Côte d'Ivoire

IronRidge Resources Limited (LON:IRR) said it had secured access rights for a “highly prospective” gold licence application to the Zaranou project in Côte d'Ivoire. The exploration firm said multiple gold occurrences had been recorded over the project area, with eight high priority targets already identified. CEO Vincent Mascolo also  tells Proactive London why the company has slated an Ordinary General Meeting for shareholders. Historical results for the Cote d'Ivoire prospect (in the late 1990s and 2008) included a result of 2.2 grams per tonne (g/t) of gold over 21 metres, including 5.7g/t over 5 metres, in a limited rotary air blast drilling program, while mining activity in the 1930s at the Yosso occurrence within the project had reported quartz vein zones between 2m to 60m thick, and over 300m in length with evidence of gold mineralisation extending 10m into pyritic schists either side of the veins and averaging 1.5g/t to 12g/t of gold.

Quick facts: IronRidge Resources Ltd

Price: 10.4 GBX

AIM:IRR
Market: AIM
Market Cap: £34.56 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of IronRidge Resources Ltd named herein, including the promotion by the Company of IronRidge Resources Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Investor Update: Argo Blockchain agrees deal to expand electricity supply by...

Headlines from the Proactive UK newsroom. Argo Blockchain (LON:ARB) is to boost its electricity supply by 357% through a deal with a leading Canadian data centre provider. Argo now has access to 64 megawatts of electricity for bitcoin mining. Bacanora Lithium PLC (LON:BCN) has received the...

on 20/8/19

2 min read