Drilling programme for high grade Weaju gold project in Liberia
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Highlights: - 4,000m drill programme at Weaju gold project to establish independent resource - Previous drilling includes 27.72 g/t over 6m, 19.63 g/t over 6m and 3.06 g/t over 28m - Weaju gold project has a length of over 1km and remains open along strike - Archaean gold deposit in close proximity to the New Liberty gold project - In house drill rig and crew to be mobilised from operations in Cameroon
The Weaju deposit is a high grade gold deposit located 30km north east of the Company's New Liberty deposit in western
Luis da Silva, President & CEO of African Aura comments:
"Our immediate focus at present is to deliver on our gold strategy to realise near term value through the development of our core gold projects in
About the Weaju gold project, western
Weaju is a high grade shear zone hosted Archaean age greenstone gold deposit which has been the focus of intermittent surface and underground gold mining activity by artisanal workers, reportedly over the last 30 to 40 years. The project is located 130 km north of the capital city of Monrovia and 30 km north east of New Liberty, where African Aura is presently undertaking a 10,000m confirmation drill programme. New Liberty hosts a 1.4 million ounce gold resource (NI 43-101 13.
It is not widely recognised, but western
Prior to drilling Weaju, the Company completed a soil geochemical and geological mapping programme which demonstrated an initial strike length for the gold mineralisation of 1.5 km in an east north-east trend, open to the east and west. Trenching on the zone gave an intersect of 5.1 g/t over 24m (WT-8) as previously reported. Subsequent drilling to 100m depth has intersected five distinct high-grade lenses to date, totalling at least 1,000m in strike length. The lenses are typically 100-300m in length and dip at 60degrees to 70degrees to the north. The previously reported drill results are provided in table 1 below.
Table 1. Drill results from the Weaju gold deposit, western Liberia (better intersects highlighted in bold). ------------------------------------------------------------------------- Intersection Hole ID From (m) To (m) (m) Gold (g/t) Zone ------------------------------------------------------------------------- WD-1 & 0.00 4.00 4.00 4.13 Main ------------------------------------------------------------------------- WD-1 & 12.00 24.00 12.00 40.20 Main ------------------------------------------------------------------------- WD-1 48.00 50.00 2.00 3.47 Main ------------------------------------------------------------------------- WD-2 18.00 30.00 12.00 3.75 Main ------------------------------------------------------------------------- Including 22.00 26.00 4.00 7.79 Main ------------------------------------------------------------------------- WD-3 NSR Main ------------------------------------------------------------------------- WD-4 NSR Main ------------------------------------------------------------------------- WD-5 & 14.00 22.00 8.00 31.20 Main ------------------------------------------------------------------------- WD-5 34.54 40.00 5.45 9.69 Main ------------------------------------------------------------------------- WD-6 NSR Main ------------------------------------------------------------------------- WD-7 19.00 23.00 4.00 15.10 Main ------------------------------------------------------------------------- WD-8 NSR Main ------------------------------------------------------------------------- WD-9 6.00 8.00 2.00 3.53 Main ------------------------------------------------------------------------- WD-9 26.00 40.00 14.00 5.71 Main ------------------------------------------------------------------------- WD-10 & 20.00 22.00 2.00 2.82 Main ------------------------------------------------------------------------- WD-10 34.00 36.00 2.00 2.92 Main ------------------------------------------------------------------------- WD-11 NSR Main ------------------------------------------------------------------------- WD-12 & 42.00 44.00 2.00 2.14 Main ------------------------------------------------------------------------- WD-12 54.00 56.00 2.00 2.35 Main ------------------------------------------------------------------------- WD-13 18.00 24.00 6.00 19.63 Adit ------------------------------------------------------------------------- WD-14 44.00 50.25 6.25 3.68 Adit ------------------------------------------------------------------------- WD-15 & 45.00 48.00 3.00 0.42 Ridge ------------------------------------------------------------------------- WD-15 90.00 91.00 1.00 3.06 Ridge ------------------------------------------------------------------------- WD-16 62.00 63.00 1.00 1.85 Ridge ------------------------------------------------------------------------- WD-17 44.00 61.00 17.00 0.31 Adit ------------------------------------------------------------------------- WD-18 50.00 59.00 9.00 0.69 Adit ------------------------------------------------------------------------- Including 53.00 56.00 3.00 1.16 Adit ------------------------------------------------------------------------- WD-19 35.00 51.00 16.00 3.63 Ridge ------------------------------------------------------------------------- Including 43.00 51.00 8.00 6.16 Ridge ------------------------------------------------------------------------- WD-20 23.00 51.00 28.00 3.06 Ridge ------------------------------------------------------------------------- Including 41.00 51.00 10.00 7.63 Ridge ------------------------------------------------------------------------- WD-21 Abandoned ------------------------------------------------------------------------- WD-22 & 8.00 18.00 10.00 0.85 Adit ------------------------------------------------------------------------- WD-22 28.00 38.00 10.00 1.85 Adit ------------------------------------------------------------------------- Including 32.00 36.00 4.00 3.81 Adit ------------------------------------------------------------------------- WD-23 28.00 58.00 30.00 1.30 Ridge ------------------------------------------------------------------------- Including 28.00 36.00 8.00 3.48 Ridge ------------------------------------------------------------------------- WD-24 & 35.00 38.00 3.00 3.36 Ridge ------------------------------------------------------------------------- WD-24 42.00 47.00 5.00 2.79 Ridge ------------------------------------------------------------------------- WD-25 & 11.00 17.00 6.00 3.92 Adit ------------------------------------------------------------------------- WD-25 27.00 35.00 8.00 2.15 Adit ------------------------------------------------------------------------- WD-26 13.00 21.00 8.00 1.32 Creek ------------------------------------------------------------------------- WD-27 NSR Ridge ------------------------------------------------------------------------- WD-28 & 31.00 33.00 2.00 1.04 Creek ------------------------------------------------------------------------- WD-28 & 38.00 41.00 3.00 1.39 Creek ------------------------------------------------------------------------- WD-28 47.00 53.00 6.00 27.72 Creek ------------------------------------------------------------------------- WD-29 NSR Main ------------------------------------------------------------------------- WD-30 13.00 15.00 2.00 1.68 Creek ------------------------------------------------------------------------- WD-31 63.00 64.00 1.00 0.72 Main ------------------------------------------------------------------------- WD-32 & 2.00 20.00 18.00 0.36 Creek ------------------------------------------------------------------------- WD-32 & 43.00 44.00 1.00 1.95 Creek ------------------------------------------------------------------------- WD-32 & 52.00 53.00 1.00 2.15 Creek ------------------------------------------------------------------------- WD-33 NSR Creek ------------------------------------------------------------------------- WD-34 7.00 9.00 2.00 1.23 Main ------------------------------------------------------------------------- WD-35 & 8.00 10.00 2.00 1.63 Creek ------------------------------------------------------------------------- WD-35 68.00 69.00 1.00 1.33 Creek ------------------------------------------------------------------------- WD-36 20.00 30.00 10.00 1.09 Main ------------------------------------------------------------------------- WD-37 32.00 48.00 16.00 0.99 Adit ------------------------------------------------------------------------- WD-38 66.00 100.10 34.10 0.70 Ridge ------------------------------------------------------------------------- Including 78.00 85.00 7.00 2.05 Ridge ------------------------------------------------------------------------- WD-39 NSR Creek ------------------------------------------------------------------------- WD-40 30.00 74.00 44.00 1.20 Ridge ------------------------------------------------------------------------- Including 36.00 39.00 3.00 10.78 Ridge ------------------------------------------------------------------------- WD-41 86.00 96.00 10.00 1.62 Main ------------------------------------------------------------------------- Including 86.00 87.00 1.00 9.18 Main ------------------------------------------------------------------------- WD-42 28.00 48.00 20.00 1.90 Adit ------------------------------------------------------------------------- Including & 36.00 42.00 6.00 5.45 Adit ------------------------------------------------------------------------- WD-42 68.00 71.00 3.00 1.18 Adit ------------------------------------------------------------------------- WD-43 & 0.00 38.00 38.00 0.71 Adit ------------------------------------------------------------------------- WD-43 18.00 28.00 10.00 1.84 Adit ------------------------------------------------------------------------- WD-44 0.00 50.00 50.00 0.62 Adit ------------------------------------------------------------------------- Including 0.00 12.00 12.00 1.27 Adit ------------------------------------------------------------------------- Including 38.00 50.00 12.00 0.98 Adit ------------------------------------------------------------------------- WD-45 0.00 42.00 42.00 1.60 Adit ------------------------------------------------------------------------- Including 18.00 27.00 9.00 6.03 Adit ------------------------------------------------------------------------- WD-46 NSR Macenta ------------------------------------------------------------------------- WD-47 19.00 21.00 2.00 3.07 Macenta ------------------------------------------------------------------------- WD-48 0.00 15.00 15.00 0.47 Macenta ------------------------------------------------------------------------- Including 0.00 4.00 4.00 0.92 Macenta ------------------------------------------------------------------------- Notes: - Assay data is uncut and based on greater than 0.5g/t Au - NSR = No Significant Results -------------------------------------------------------------------------
About African Aura Mining Inc.
African Aura is an established African exploration and development company listed on the TSX-V (AUR) and London's AIM (AAAM). African Aura is focused on the development of world-class iron ore and gold deposits in highly prospective, under explored countries of sub-Saharan
African Aura's assets include the New Liberty gold deposit and the Putu iron ore project, both in
Qualified Person
African Aura's Qualified Person responsible for preparing this release is Dr
Quality Control and Sample Preparation
African Aura has a rigorous Quality Control Program (QCP) inserting a minimum 5% of standards, blanks and duplicates into the sample stream. The Company employs independently owned and managed OMAC Laboratories for all its assay requirements, including the preparation of pulps to 90% -100 micron at their in-country preparation facilities in
OMAC is accredited to ISO 17025 by INAB (Irish National Accreditation Board), which is a member of ILAC (International Laboratory Accreditation Cooperation), and is a signatory to the ILAC Mutual Recognition Arrangement. OMAC operates an internal QA/QC check assay programme using in-house standards, reagent blanks and duplicates.
Forward-looking Statements
This press release includes certain forward-looking statements. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the future plans and objectives of African Aura, are forward-looking statements that involve various known and unknown risks and uncertainties as well as other factors. Such forward-looking statements are subject to a number of risks and uncertainties that may cause actual results or events to differ materially from current expectations, including delays in obtaining or failure to obtain required regulatory approvals. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Any forward-looking statements speak only as of the date hereof and, except as may be required by applicable law, African Aura disclaim any obligation to update or modify such forward-looking statements, either as a result of new information, future events or for any other reason.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
For further information: African Aura Mining Inc., Luis da Silva, President & CEO, Tel: +44 (0) 20 7299 4212; Evolution Securities Limited, Simon Edwards, Chris Sim, Neil Elliot, Tel: +44 (0) 20 7071 4300; Pelham Public Relations, Charles Vivian, James MacFarlane, Tel: +44 (0) 20 7337 1500
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