Panthera Resources PLC (AIM:PAT) completed its drilling operations at the Bassala gold project in Mali.
Some 8,546 metres of air core drilling was completed, across 152 holes, and composite samples have been sent for assay.
Results are expected ‘on or about’ the end of January, the company said in a statement. It also noted all geochemical and chargeability targets have now been drilled with shallow AC.
“The current drilling is essentially geochemical drilling and only targeted the upper weathered zone with very broad line spacing,” said Mark Bolton, Panthera's managing director.
“The next step, once the current assay results are received, will be to test the known mineralisation with deeper and closer spaced RC drilling, aimed at defining resource drill-out targets."
“The current programme included the northern part of the tenement where most of the artisanal mining activity occurs and where we believe drilling will delineate further gold mineralisation.”