Wednesday, 7 September 2011

Goldrush Resources uncovers two gold anomalies in Burkina Faso

Goldrush Resources (CVE:GOD)(OTCQX:GDRRF) said Wednesday it has discovered two gold anomalies, with values of up to almost 1.00 gram per tonne of gold, as part of an initial soil sampling program on its recently acquired Pompoi permit, nearby the capital of Burkina Faso, West Africa.
The sampling was concentrated on two grids of the permit, with one anomaly extending to Roxgold and Riverstone Resources' Yaramoko permit boundary, while the other anomaly is within two kilometres of the Yaramoko area.
Assays received to date define two areas of more than 13 parts per billion (ppb) of gold, in the southwest corner of the permit and in the northwest to north central area, which contain eleven and eight anomalous values, respectively.
Individual values ranged to as high as 504 ppb and 209 ppb, respectively, the company said. Of 894 soil samples submitted for testing on both anomalies, 59 returned values of greater than 13 ppb gold, and of those, 23 had values of greater than 21 ppb gold.
The southwest anomaly can be traced over a north-south distance of 1,600 metres and an east-west distance of 1,400 metres to the Roxgold Yaramoko permit boundary.
Meanwhile, the northwest anomaly spans a north-south distance of 2,000 metres and an east-west distance of 1,400 metres.
Goldrush said that closer-spaced data will be required to better define the orientations of the clusters of anomalous values. Its geochemical sampling program involved sampling at 200 metre intervals, along east-west lines that were spaced 400 metres apart, and has covered only 30% of the permit.
The company also said that the anomalous values found could represent areas of elevated bedrock gold mineralization, with strike lengths of up to 800 metres.
According to Goldrush, a technical report from last year on the Yaramoko permit suggests that the mineralized structures at that site may trend easterly onto Pompoi.
Roxgold reported in April that at the Bagassi Central site on the Yaramoko property, 24.62 g/t gold was intersected over 6 metres in hole YMR-10-RC-036, along with 28.61 g/t gold over 20 metres in hole YMR-11-RC-055.
In Goldrush's sampling program, it said that a total of 50 control samples, including 35 blanks and 15 standards, were inserted in the sample stream for quality control.
A program to follow-up and extend the sampling results is planned, the company said, including more detailed soil sampling, mapping and geophysics - set to start as soon as possible.
Goldrush is a Canadian mineral exploration company focused on West Africa, where the company has discovered, and is currently expanding and defining the 249,000 ounce inferred resource at its Ronguen gold deposit in Burkina Faso

No comments:

Post a Comment