- Kiboko Gold Inc. (TSXV:KIB) provided an update on its Harricana drill program
- The company has completed the first portion of its Phase 1 exploration program
- The first phase consisted of 55 holes totalling over 8,000 meters drilled since mid-September
- Drilling is currently on pause and will resume early next year
- CEO Jeremy Link sat down with Sabrina Cuthbert to discuss the exploration program
- Shares of Kiboko Gold remain unchanged at C$0.16 since Dec. 1 at 2:59 p.m. EST
Kiboko Gold Inc. (TSXV:KIB) provided an update on its Harricana drill program.
In a press release, the company said that it has completed the first portion of its Phase 1 exploration program.
The first phase of the program included 55 holes totalling over 8,000 meters drilled since the middle of September.
While drilling has now been put on pause until early 2023, the company said the winter portion of the Phase 1 program will include 12 drill holes totalling 2,600 meters.
In total, the entire Phase 1 program is expected to consist of 67 holes totalling 11,000 meters.
Kiboko also said it aims to report a maiden near-surface pit-constrained mineral resource estimate on a portion of the Fontana area in Q2 2023.
CEO Jeremy Link sat down with Sabrina Cuthbert to discuss the exploration program.
The Harricana Gold Project is made up of 234 contiguous mineral claims spanning over 102 square kilometres of prospective Abitibi greenstone belt terrain. The Abitibi is a premier location that is recognized for its mining investment based upon mineral potential, favourable geopolitical environment, historical and current mining, as well as ongoing exploration activities.
Shares of Kiboko Gold have remained unchanged at C$0.16 since Dec. 1 at 2:59 p.m. EST.
