Pan African Resources said exploration drilling at its Barberton complex in South Africa had intersected additional high-grade down-dip extensions at the Fairview, Sheba and Consort Mines.
A total of 68 underground diamond core boreholes were drilled, approximately 7,000 metres of drilling, with one intersection at Sheba showing gold grades of 184g/t over 0.85m.
All the reefs remain open at depth, said the gold miner, with visible gold in several drill intersections and development ends.
The three are high-grade mines, said Pan African, with Fairview having of the highest grade gold ore bodies globally, with the Main Reef Complex (MRC) averaging over 40g/t with a mining width in excess of 6m and the Rossiter Reef averaging around 20g/t over a mining width of circa 2.5m.
Cobus Loots, chief executive, added: ”Our continued focus on increased Resource and Reserve delineation through systematic exploration programmes has again yielded excellent results and improved our geological understanding of our Barberton operations, demonstrating the extent and quality of our world-class, long-life orebodies.