- Antler Gold (ANTL) is reporting encouraging drill results from its Central Project
- The Central Project is part of the larger Erongo Gold Project, which is located in Namibia
- Exploration is currently underway across the entire Erongo Gold Project
- Antler Gold is a Canadian company, focused on the acquisition and exploration of gold projects in Namibia
- Antler Gold is down 2.94 per cent on the day, with shares of the company trading at C$0.16 at 11:54 am ET
Antler Gold (ANTL) is reporting encouraging drill results from its Central Project.
The Central Project is part of the larger Erongo Gold Project, which is located approximately 130 kilometres northwest of Namibia’s capital city Windhoek.
Namibia is recognized as one of Africa’s most politically stable jurisdictions.
Exploration is currently underway across the entire Erongo Gold Project.
“We are very encouraged with these initial drill results and the potential they represent for the Central Project. The results demonstrate the importance of the Kranzberg Fault Zone as a large scale mineralized structure which is largely unundrilled within the Project area. We look forward to immediately continuing drilling in this area, and further to the southwest where our team has identified additional look-alike targets. This work will further refine our exploration model and assist our understanding of the mineralization controls in the area,” said Antler Gold President and CEO Dan Whittaker.
Significant results were received from a Reverse Circulation (RC) hole drilled on the C1 target, which covers a nine-kilometre portion of the Kranzberg Fault Zone extending westwards from the Onguati – Brown Mountain – Western Workings prospects.
Sample assay results have been independently monitored through a quality control-quality assurance program including the insertion of blind standards, coarse and fine blanks and pulp duplicate samples.
Antler Gold is a Canadian company, focused on the acquisition and exploration of gold projects in Namibia. Antler’s Erongo Gold Project covers areas of the Navachab-Damara Belt, which is highly prospective for gold, and shares geologically similarities to the areas containing the known Namibian Gold mines.
Antler Gold is down 2.94 per cent on the day, with shares of the company trading at C$0.16 at 11:54 am ET.
