Perseus Mining hits more high-grade gold at Tengrela Project

Perseus Mining (ASX,TSX: PRU) has updated exploration activities at the company’s Tengrela Gold Project in the Ivory Coast, West Africa.

Recent significant drill intercepts from resource drilling at the Sissingue prospect included:

- RC hole SLC228 - 8m at 325g/t Au from 96m including 2m at 1,216g/t Au from 98m, followed by 36m at 3.1g/t Au from 104m to the end of the hole;

- RC hole SLC226 - 110m at 4.0g/t Au from 18m to the end of hole including 16m at 11.3g/t Au from 28m;

- RC hole SLC224 - 84m at 3.6g/t Au from 16m to the end of hole including 2m at 73.4g/t Au from 30m.

Drill samples were assayed by 50g fire assays by Intertek Minerals Limited in Ghana.

Drill hole SLC228 was drilled 20m across strike from previously announced drill hole SLC014, which intercepted 71m at 9.0g/t Au including 10m at 27g/t Au and 36m at 8.7g/t Au.

Perseus Managing Director, Mark Calderwood commented “more impressive drill intercepts from the core of the Sissingue deposit confirm the robust tenure of this high grade zone.”

“These latest results are some of the last before the cut-off for resource and reserve modelling for 2010, but drilling will continue at Sissingue and at a number of exploration targets defined by the more than 1,500 RAB drill holes drilled to date outside Sissingue.”

“Perseus is working towards completing the Sissingue feasibility study later this year and to delineate potential new resources on the 60km strike of the Syama-Boundali greenstone belt within the Tengrela licences,” he added.

http://www.proactiveinvestors.com.au/companies/news/6283/perseus-mining-hits-more-high-grade-gold-at-tengrela-project-6283.html