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Be the first with the news that moves the market- Reunion Gold (RGD) has resumed exploration activities at its Aremu North, Oko West and Boulanger projects in Guyana and French Guiana
- Field work was suspended at the end of March due to COVID-19 related travel restrictions
- Aremu North and Oko West in Guyana will be the subject of various sampling and trenching activities, with a drill program schedule for Oko West in late September
- At the Boulanger project in French Guiana, the company intends to carry out a sampling program ahead of drilling work in September
- Reunion Gold (RGD) is currently steady at C$0.12 per share, as of 3:36pm EDT
Reunion Gold (RGD) has resumed exploration activities at its Aremu North, Oko West and Boulanger projects in Guyana and French Guiana.
Field work in the region was temporarily suspended at the end of March following the implementation of COVID-19 related travel restrictions and safety precautions. With activities now restarting, the company has introduced a number of new procedures to ensure the wellbeing of its staff, including daily monitoring of temperatures and blood oxygen levels.
At Aremu North in Guyana, which is operated under a strategic alliance with Barrick Gold, field activities resumed in mid-July with the completion of geochemical sampling and the restart of a 2,000-metre trenching program.
Trenching is focused primarily on four main prospects identified during an airborne magnetic and radiometric survey completed in the fourth quarter of 2019. Depending on the results of this program, Reunion Gold may carry out a drilling program later this year.
At Oko West, also in Guyana, sampling work carried out earlier this year defined a two-kilometre-long gold-in-soil anomaly coincident with a major north-south trending shear zone. The company is currently establishing a camp and mobilising heavy equipment to the project, which will be followed by a trenching program and a 1,500-metre drilling campaign in late-September.
The suspension of work allowed for a detailed review and reinterpretation of data relating to the Boulanger project in French Guiana. Field crews returned to the site in early August, and a roadcut sampling program is now underway in preparation for a 2,000-metre drilling program scheduled to begin by the end of September.
Reunion Gold noted that its priority at Boulanger is the advancement of the Crique Filon prospect, where work has been designed to expand the extent of gold mineralisation at the southern portion of the project. The results from the proposed drilling program are expected to be available by the end of the year.
Reunion Gold (RGD) is currently steady at C$0.12 per share, as of 3:36pm EDT.
