| Announcement Date: | 2022-08-15 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Polymetals Resources Ltd. |
| Project name: | Alahine |
| Location: | Guinea |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 16m @ 3.01g/t Au from 62m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Polymetals Resources Ltd (ASX: POL, “Polymetals” or the “Company”) is pleased to announce highly encouraging assay results received from the Phase 3 drilling program at its Alahiné Gold Project (“Alahiné”), located in Guinea’s Siguiri Basin, West Africa. The objective of Polymetals’ efforts at Alahiné is to discover “Siguiri-style” mineralisation akin to the AngloGold Ashanti (ASX:AGG, NYSE:AU) >10Moz Siguiri Gold Mine, located 37km west of the Alahiné licence. The Company recently completed the Alahiné Phase 3 drilling program, which comprised 74 Reverse Circulation (RC) drill holes on 17 traverse lines for a total of 6,385m. Drilling commenced 14 June 2022 and was completed 05 July 2022. The drilling program was conducted by OreSearch Drilling, with an average hole depth of 85m and the deepest hole being 150m. Most of the |
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