| Announcement Date: | 2022-02-22 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Firefinch Ltd. |
| Project name: | Morila |
| Location: | Mali |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 15.0m @ 7.61g/t Au from 263.0m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Firefinch Limited (ASX: FFX) (Firefinch or the Company) is pleased to provide an update on drilling activities at the Morila Gold Project (Morila), including a number of significant intersections with high grade gold mineralisation. The intersections are some 250 metres west of the pit and 130 metres south of the Morila Mineral Resource. It is unclear whether these thick and high-grade intersections represent an offset of the main Morila lodes or represent a new and discrete zone of mineralisation. Mineralisation at Morila is generally flat lying and both controlling structures and mineralisation are interpreted to have a broad north-south trend. One of the targeting criteria used by Firefinch is to identify prior drill intersections which have not been tested to the north or south. Drilling is ongoing to the south of MRD0018, in the south-west portion of the Morila Deposit, testing similar historical intersections which were not followed up with closer spaced drilling. |
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