Widespread Near-Surface Gold Identified At Liguidi
VANCOUVER, BC - True Gold Mining Inc. reported that a recently completed exploration program at the Company's Liguidi Project in Burkina Faso, West Africa has returned widespread near-surface gold mineralization and expanded the project's main gold-in-soil anomaly to 17 kilometers in length.
The exploration program included 3,680 meters of reverse circulation ("RC") drilling over a 1.8-kilometre strike length at the Lagar's Zone, in the central portion of Liguidi's main gold-in-soil anomaly. Lagar had returned highly anomalous gold in prior grab and trench sampling, and in rotary air blast ("RAB") and RC drill campaigns in 2012. The current RC program returned encouraging results.
"Liguidi exploration work continues to return extensive near-surface gold mineralization throughout the property, enhancing its status as a pipeline project with strong potential to contribute significantly to True Gold's long-term growth," said Dwayne Melrose, President and CEO.
In addition to work at Lagar, True Gold completed detailed geological mapping and geochemical sampling on the anomaly's four-kilometer southwest grid, collecting 3,539 soil samples in the area. A new zone of mineralization (Dayilba) was discovered during the course of the survey. It returned an average grade of 0.56 g/t gold to a maximum of 22 g/t gold from 195 grab samples, and extended the main gold-in-soil anomaly an additional four kilometers to the southwest for a total length of 17 kilometers.
True Gold holds a 100% interest in the Liguidi Project, which is located 125 kilometers southeast of the capital city of Ouagadougou and consists of a single exploration permit totaling 168 square kilometers. It is underlain by the Birimian-age Manga Greenstone Belt and lies within the northeast-trending Markoye Structural Zone.