Announcement Date: 2022-12-13
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Caracal Gold Plc
Project name: Kilimapesa Hill
Location: Kenya
Commodities: Gold
Highlight: Drilling results incl. 1m at 84.15g/t Au, from 77m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Caracal Gold plc, the expanding East African gold producer with over 1,300,000oz JORC-compliant gold resources, is pleased to announce sample assay results from its Diamond Drilling (‘DD’) programme on the Vim Rutha prospect, a shear zone of about 4.9km parallel to the known orebody at the Kilimapesa Hill deposit (‘Kilimapesa Hill’) at the Kilimapesa Gold and Mining Operations in Kenya (the ‘Project’). The drilling intercepted, on several occasions and over a distance of more than 2km from west to east, one or more mineralised structures of significant thickness located a few hundred metres south of Kilimapesa Hill.
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