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Be the first with the news that moves the market- Indigo Exploration (IXI) is releasing the latest round of results from the aircore drilling program on the Djimbala Permit in southern Mali, West Africa
- The drilling program was completed over multiple 1-kilometre-long gold trends that were supported by auger drilling, soil and rock sampling and artisanal workings
- The Djimbala Permit is situated in the Yanfolila Gold Belt, a West African orogenic gold belt
- The 4,584 metre, 99-hole aircore drilling program in a series of roughly 50-metre deep angled drill holes crossed the Forela, Djilefing and Nounssamna principal gold trends
- Indigo Exploration is unchanged, trading at $0.095 at 9:02 am ET
Indigo Exploration (IXI) is releasing the latest round of results from the aircore drilling program on the Djimbala Permit in Mali, West Africa.
The drilling program was completed over multiple 1-kilometre-long gold trends that were supported by auger drilling, soil and rock sampling and artisanal workings.
The Djimbala Permit is situated in the Yanfolila Gold Belt, a West African orogenic gold belt, and lies immediately east of Hummingbird Resources’ 0.7 million-ounce-gold Komana gold mine, 21 kilometres north, along strike, of the Kodieran gold mine and 28 kilometres north, along strike, from Endeavour’s high grade 3.3 million oz Au Kalana project.
The 4,584 metre, 99-hole aircore drilling program in a series of roughly 50-metre deep angled drill holes crossed the Forela, Djilefing and Nounssamna principal gold trends and five subparallel smaller trends. These trends are between 50 and 460 metres wide, clustered within a 3.5-kilometre-wide by 2-kilometre-long area.
The area drilled by aircore is substantially anomalous in gold with 50 individual intercepts greater than 0.1 grams of gold per tonne over 1 metre or more. Over 44 per cent of all drill samples were over 10 parts per billion (ppb) of gold.
The company believes additional gold exploration opportunities are present on Djimbala.
Indigo Exploration is unchanged, trading at $0.095 at 9:02 am ET.
