Eagle Eye Metals hits broad gold in maiden drilling from Dankassa in Mali

Eagle Eye Metals (ASX: EYE) has hit gold in maiden drilling in Mali, which validates the company's decision to focus exploration operations in the West African country which has an extended history of gold production.

Broad gold highlights from reverse circulation drilling at the Dankassa Gold Project include, 32 metres at 0.8 grams per tonne (g/t) gold from 78 metres, 12 metres at 1.67g/t gold from 26 metres, and 7 metres at 1.12g/t gold from 16 metres.

Dankassa is within 200 kilometres of the Morila 7 million ounce project and the Siguiri 5 million ounce project.

Boosting the potential at the project, historical hits include, 10 metres at 5.75g/t gold, 20 metres at 2.17g/t gold, and 12 metres at 1.81g/t gold.

Eagle Eye said that recent drilling, combined with previous results, has highlighted that higher grade shoots occur within the broader mineralised envelopes.

Importantly, the company added that these high-grade shoots appear to persist at depth, with additional drilling already planned to confirm the continuity of the higher grade zones.

The program comprised 100 metre spaced sections over an 800 metre long portion of the extensive 5 kilometre gold-in-soil anomaly at the Kourouba Prospect, with a total of 24 holes for 2,400 metres.

Drilling confirmed that primary gold mineralisation extends over more than 800 metres of strike, and adding potential to further discoveries - mineralisation remains open in all directions.

Dankassa is located 110 kilometres south of Bamako, the capital of Mali, and is readily accessible by a sealed highway and gravel roads.

Adding to the infrastructure is that high voltage power passes within 5 kilometres of the project, and a town that services a hydro-electric power scheme 40 kilometres to the south.

Eagle Eye exposure in West Africa

Eagle Eye holds substantial interests in several highly prospective gold projects in Mali and Liberia, a gold rich region that has produced in excess of 250 million ounces of gold.

The company is well funded after recently raising $3.4 million, and is now positioned to aggressively explore its gold projects.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/19064/eagle-eye-metals-hits-broad-gold-in-maiden-drilling-from-dankassa-in-mali-19064.html