Reunion Gold Corporation (TSX-V:RGD) has announced additional results from ongoing drilling of the Kairuni Zone at its Oko West project in Guyana, which included 4.2 grams per tonne (g/t) gold over 61.0 metres (m) as well as 30.4 g/t gold over 2.0m in hole R22-128.
The gold exploration company said the mineralization found in this hole is intercepted by four composite intercepts with a combined length of 66.0m.
“The results from this release continue to show the strong continuity of gold mineralization in the Kairuni zone, particularly in the block 4 area where much more deep drilling has occurred,” Reunion Gold interim CEO Carlos Bertoni said in a statement.
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“The next phases of drilling will include more detailed drilling in the areas of blocks 1, 5 and 6, following up on our recent mapping programs,” Bertoni added.
Reunion Gold also noted that it has added a diamond drill rig to accelerate the pace of drilling and enhance its ability to drill deeper holes, bringing the total number of drill rigs at Oko West to four.
The company added that its board of directors has approved a 7,000m increase in combined diamond drilling and reverse circulation drilling for the 2022 drill budget for Oko West, resulting in about 16,000m remaining to be drilled.
The increased drill program is expected to be completed in August and will be included in the estimate of the project's maiden resource that is currently planned for late in the third quarter of 2022, according to the company.
Subsequently, Reunion Gold said it expects to undertake follow-up drill programs to the end of 2022 and has funding to continue drilling past the approved budget.
The company also reported that G Mining Services has been engaged to prepare a National Instrument 43-101 technical report on Oko West, expected in early 3Q, which will provide a summary of material scientific and technical information from the exploration done by the company to date.
It added that G Mining Services has also been engaged to help design a program for the next phase of metallurgical studies, which will include three dedicated HQ-sized metallurgical holes.
An initial environmental baseline study is also being designed and is expected to begin in May 2022, the company said.
Reunion Gold is a gold exploration company operating in the Guiana Shield, South America, with a portfolio of projects in Guyana, Suriname and French Guiana. In 2021, the company made a new gold discovery at its Oko West project in Guyana, where to date it has outlined continuous gold mineralization at the Kairuni zone over 2,500m of strike and to a depth of 350m.
Contact Sean at sean@proactiveinvestors.com