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IronRidge Resources sees more high-grade results and visible gold at Zaranou

Drilling is ongoing at Zaranou where two rigs are active

IronRidge Resources Ltd - IronRidge Resources sees more high-grade results and visible gold at Zaranou
IronRidge geologists viewing samples at Zaranou back in February - image source: Twitter: @aim_irr

IronRidge Resources Limited (LON:IRR) has reported additional high-grade drilling results at the Zaranou gold project in Côte d'Ivoire and the sighting of visible gold observed amid deeper reverse circulation (RC) drilling.

The visible gold was seen in cuttings from deep RC drilling at the Ehuasso target, in drill hole ZARC0013 which is part of the second phase drilling programme. It comes from an area that’s a further 60 metres below previously reported high-grade gold, measured in the prior ZARC009 hole.

READ: IronRidge unearths high-grade gold at Zaranou

The high-grade results, meanwhile, were received from primary samples taken in prior air-core drilling, a 15,000 metre programme that took place on the Ehuasso target.

They included grades of up to 18.28 grams per tonne (g/t) gold over 2 metres, including 1 metre with over 35 g/t. Highlight assay results from the sample were included in this morning’s statement.

Significantly, IronRidge highlighted that continuity of mineralisation has now been confirmed over multiple growing targets, which all remain open along strike and at depth.

Drilling is ongoing, with two drill-bits spinning.

In a statement, Len Kolff, IronRidge chief operating officer, said: “Drilling remains ongoing with our national team in-place and two drill rigs currently active at the Ehuasso main grid and Ebilassokro exploration target within the broader 47km strike Zaranou shear zone, whilst strict COVID-19 measures continue to be implemented.

"We look forward to releasing additional results as they become available."

Quick facts: IronRidge Resources Ltd

Price: 15.15 GBX

AIM:IRR
Market: AIM
Market Cap: £62.11 m
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IronRidge Resources' Vincent Mascolo welcomes 'highly valuable' new data set...

IronRidge Resources Limited's (LON:IRR) Vincent Mascolo tells Proactive London's Andrew Scott they've identified a drill ready target at the Zaranou gold license in Côte d'Ivoire from recently secured historical data. He adds that they've also enlarged a second phase drilling programme over the...

on 2/7/20

2 min read