Panthera Resources PLC (AIM:PAT) said it has identified 28 strong anomalies so far at the Bido gold project in Burkina Faso following the recent completion of an Induced Polarisation (IP) survey.
Most of the targets correlate with extensive artisanal workings and/or gold in rock sample assays, said the AIM-traded company.
The survey identified 47 anomalies in total, including the 28 high-priority ones.
The survey covered the Beredo and the Somika areas with several other mineralised domains to be tested, including the Kwademen prospect.
“Following these recent, very positive results, we have expanded the geological mapping and rock sampling to cover the remaining area in the north of the survey area,” said managing director Mark Bolton.
"The Bido project is the next in Panthera's pipeline after Cascades and Bassala. Covering 100 km2, it contains a considerable number of mineralised gold prospects across multiple geological domains," he noted.