Announcement Date: 2021-12-21
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Firefinch Ltd.
Project name: Morila
Location: Mali
Commodities: Gold
Highlight: Drilling results incl. 5.0m @ 30.3g/t Au from 294.6m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Firefinch Limited (ASX: FFX) (Firefinch or the Company) is pleased to announce high-grade drilling results at the Morila Gold Project (Morila), which indicate the presence of a new high-grade zone on the eastern side of the Morila Super Pit. Previous drilling on the eastern side of Morila was relatively wide spaced, with mineralisation interpreted to be offset by a major shear zone. However, the presence of high-grade mineralisation in this drilling suggests this historical interpretation needs to be re-evaluated. The intersections also lie outside the Mineral Resources delineated at Morila. The intersections are down dip of the Morila Pit Mineral Resource and along strike from the Morila NE Mineral Resource (Figure 2, refer Table 1 for details of the Mineral Resources). Also of significance are the shallow high grade intersections of 1.15 metres at 31.2g/t gold from 174 metres in MRD0021 and 1.2 metres at 18.1g/t gold from 177.3 metres in MRD0025. If infill drilling confirms this lode is continuous then it will add additional open pittable mineralisation to the Morila resource.
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