SEMAFO Diamond Drilling Program Validation and Increased Upside Potential for
Wona Mineralisation At-Depth
SEMAFO TSX-SMF
The Company's 2009 exploration program at Mana began in April. As at
The current drilling program confirms the NE at-depth high-grade extension of the Wona zone. Initial reference to this potential mineralization was made in SEMAFO's press release dated
Recent drilling results validate the presence of significant mineralized zones at-depth, with some holes further extending the mineralized zones both laterally and at-depth. Hole WDC 122 enlarges the top main recognized lode, while WDC 131 enlarges the bottom. Hole WDC 125 gives more weight to the second parallel zone beneath the main lode as previously suggested by drill holes WDC 105 and WDC 108 (referenced in SEMAFO's
The ongoing drilling program includes in-fill work in main zone, defining the second deeper parallel zone, a better definition of the new zone from WDC 130 and the continued search for new lodes.
The following table presents the drill results including the main mineralized intersections and high-grade values.
DDH Intersections At-Depth Wona NE Extension ------------------------------------------------------------------------- ------------------------------------------------------------------------- DDH No. Section East From To Au / Length* ------------------------------------------------------------------------- ------------------------------------------------------------------------- WDC117 15500 288 292.6 Tr. / 5 m ------------------------------------------------------------------------- WDC118 17600 201.5 202.7 3.8 g/t / 1 m ------------------------------------------------------------------------- WDC119 16850 600.1 603.1 2.2 g/t / 3 m ------------------------------------------------------------------------- WDC120 16300 273.7 285.2 2.2 g/t / 12 m ------------------------------------------------------------------------- WDC121 17300 210.3 212.3 1.6 g/t / 2 m ------------------------------------------------------------------------- WDC122 16950 146.8 151.5 3.2 g/t / 5 m ------------------------------------------------------------------------- WDC122 16950 165.8 169 3.9 g/t / 3 m ------------------------------------------------------------------------- WDC123 17200 441.5 446.5 2.2 g/t / 5 m ------------------------------------------------------------------------- WDC124 17150 207 225.6 3.9 g/t / 19 m ------------------------------------------------------------------------- WDC125 16400 390.2 398.7 5.9 g/t / 9 m ------------------------------------------------------------------------- WDC126 16750 190.7 212 4.1 g/t / 21 m ------------------------------------------------------------------------- Included 16750 190.7 197.4 7.2 g/t / 7 m ------------------------------------------------------------------------- WDC127 17250 433 444 1.4 g/t / 11 m ------------------------------------------------------------------------- WDC128 16750 288 310.9 3.2 g/t / 23 m ------------------------------------------------------------------------- WDC129 17150 439 477 2.4 g/t / 38 m ------------------------------------------------------------------------- Included 17150 439 446 4.3 g/t / 7 m ------------------------------------------------------------------------- WDC130 18100 250.6 253.6 6.1 g/t / 3 m ------------------------------------------------------------------------- WDC130 18100 353 359 2.2 g/t / 6 m ------------------------------------------------------------------------- WDC131 16750 307.9 317.9 3.4 g/t / 10 m ------------------------------------------------------------------------- WDC131 16750 373.9 380.4 4.5 g/t / 7 m ------------------------------------------------------------------------- WDC132 Assays Pending ------------------------------------------------------------------------- WDC133 Assays Pending ------------------------------------------------------------------------- WDC134 17100 145.2 156 2.3 g/t / 11 m ------------------------------------------------------------------------- WDC135 17100 218.3 236 4.4 g/t / 18 m ------------------------------------------------------------------------- Included 219.3 230 6.4 g/t / 11 m ------------------------------------------------------------------------- WDC136 16500 273.7 279.7 4.0 g/t / 6 m ------------------------------------------------------------------------- WDC137 17000 136.2 142.2 3.0 g/t / 6 m ------------------------------------------------------------------------- * All lengths are measured along the hole axis; additional information is required to determine true widths.
The drill holes described above are presented on the attached longitudinal section displaying contoured grade-thickness product. The longitudinal schematic shows the mineralization trend along with previously reported drill holes and upcoming targets to be tested.
The drilling programs were designed and managed locally by Dofinta Bondé, Mana Mineral's Exploration Chief Geologist, supported by
All individual samples represent approximately one-meter in length of core which was sawn in half. Half of the core is kept on site for reference and its counterpart is sent for preparation and gold assaying at the ALS Chemex laboratories in
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About SEMAFO
SEMAFO is a Canadian-based mining company with gold production and exploration activities in West
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and assumptions and accordingly, actual results and future events could differ materially from those expressed or implied in such statements. Forward-looking statements include words such as "should", "additional", "scheduled", "continued", "new", "trend", "to be" and other similar expressions. Factors that could cause future results or events to differ materially from current expectations expressed or implied by the forward-looking statements include our ability to continue or complete our 2009 exploration program at Mana, the possibility that additional drilling identifies whether the horizon is parallel, relay or other or characterizes the surface and at-depth potential of the above referenced new zone, mining industry risks, uncertainty as to calculation of mineral reserves and resources, delays and other risks described in the Company's documents filed with Canadian securities regulatory authorities. Although the Company is of the opinion that these forward-looking statements are based on reasonable assumptions, such assumptions may prove to be incorrect. Accordingly, readers should not place undue reliance on forward-looking statements. Readers can find further information with respect to risks in the Company's 2008 Annual MD&A, as updated in the 2009 First Quarter MD&A and 2009 Second Quarter MD&A, and other filings with Canadian securities regulatory authorities available at www.sedar.com. The Company disclaims any obligation to update or revise these forward-looking statements, except as required by applicable law.
For further information: SEMAFO: Benoit La Salle, President & CEO, (514) 744-4408, Toll-Free: 1 (888) 744-4408, [email protected]; Sofia St Laurent, Communications, (514) 744-4408, Toll-Free: 1 (888) 744-4408, [email protected]
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