Caracal Gold PLC (LSE:GCAT) (LSE:GCAT) Robbie McCrae, chief executive talks to Proactive London about their 'very exciting news' with positive sampling results from ongoing work at the Kilimapesa gold mining and processing operation in Kenya. He says this update is 'great validation' and 'exciting news across multiple fronts'.
The company is undertaking an initial shallow trenching programme on high priority targets on the newly targeted southern mineralized zone ahead of the commencement of planned reverse circulation and diamond drilling programmes later in the year. The peak trench sample result rang in at 40 metres grading 4.85 grams per tonne gold, including seven metres at 7.6 grams.