Michael Nikiforuk, President and CEO of African Gold Group, Inc., is pleased to announce the company has begun its 10,000-metre Phase II diamond drill program at its Kobada concession in Mali, West Africa.
The diamond drill campaign will take place in the Kobada concession’s Kangaba region, which hosts a significant anomaly defined by 12 kilometres of strike length with a corresponding width of 1 kilometre. The anomaly has greater than 500 ppm Arsenic-in-soil geochemistry with coincident extensive artisanal surface, hardrock and placer mining activity.
“The Mali region has a history of both artisinal and commercial gold production, which combined with both the dimensions of the strike and its arsenic levels, gives African Gold Group good reason to be cautiously optimistic,” says Greg Hawkins, P. Geo, Founder and Director of Exploration for African Gold. He has made acquisition of the Kobada concession a high priority since he first evaluated the property over 12 years ago. Mr. Hawkins lives in neighbouring Ghana, and for many years has consulted for major gold exploration companies operating in West Africa, including Anglo American, Barrick Gold Corp., Nevsun Resources Ltd., Banro Resource Corporation, Cypress Amax and Gold Fields Ltd.
The diamond drill program is concentrated in “Zone 1” (see attached maps) and has two key objectives. The first objective is to prove the continuity of the known mineralized zone by diamond drilling a minimum of 49 holes of infill drilling on 50 metre spacing, located between lines 1550S and 2600S (1.05 kilometres). The second objective is to extend the size of the mineralized body by testing its depth extension up to 200 metres down dip (-55º), with a focus on the lines with the strongest grade and thickness of mineralization.
In 2005, African Gold Group acquired three gold concessions in Mali, including the Kobada concession. Previous work on the Kobada concession, commencing in the 1980’s, approximated US$3.5 million and was undertaken by French exploration entities: BRGM, La Source and Cominor (COGEMA). Their collective work comprised surface geochemical and geophysical surveys, 1,736 metres of AirCore drilling, 13,200 metres of RC drilling and 913.4 metres of diamond drilling. Their initial primary target within the 12 kilometre strike length that comprises the Kobada Trend had been the 1 kilometre zone of extensive artisanal hardrock mining activity referred to as Zone 1.
Additional objectives of the Phase II Exploration campaign are to:
- Refine the geological and structural interpretations of the immediate region
- Identify the controls to the mineralization
- Continue exploration for strike extension of Zone 1 within the Kobada concession
- Identify additional prospective zones throughout the remaining 12 kilometres of anomalous strike length contained within the 41 sq km concession
- Carry out detailed surface mapping of the artisanal workings with a particular focus on structural orientations throughout the concession
- Carry out detailed prospection and mapping of the duricrust to identify areas of silicification and/or brecciation throughout the concession
Toronto-based African Gold Group, Inc., identifies, acquires and explores prospective gold projects that are situated along significant gold trends in West Africa. To date, the Company controls a total of nine gold concessions that are consolidated in five separate stand-alone exploration projects, with two projects in Mali and three in Ghana.
Additional Information is available on www.sedar.com or at
AFRICAN GOLD GROUP INC.
151 Yonge St.
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