African Queen Mines (CVE:AQ) said Wednesday that has hit “broad zones” of mineralization at its Odundu property in Kenya, highlighting results trench B1 of 3.3 grams per tonne (g/t) gold over 28 metres.
The Odundu property covers
an area of approximately 97 square kilometres in the Kanango gold mining
area of the Migori District of Nyanza Province near Lake Victoria.
Queen said that trench results from earlier this year have now been
received and the first five core drill holes (OD1 to OD5) totaling
1043metres have been completed at the project. Hole OD6, positioned
approximately 85 metres along strike, will explore the southeast
extension at depth.
The assay results of trench channel samples,
received from ALS Chemex Laboratories, confirm both low and higher grade
gold mineralization over a strike of 567 metres, said the company.
from the trenching program revealed that gold mineralization within the
main Odundu shear zone exposed by trench B1 assayed values of 4.40 g/t
gold over one metre, 10.00 g/t gold over 2.2 metres and 29.30 g/t gold
over one metre.
African Queen noted that gold assay results
obtained from trench D include 33.00 g/t gold over one metre and 0.93g/t
over 18 metres. Trench E recorded an assay value of 3.85 g/t gold over
“We will gain much more information from assays
pending from samples from these drill cores, but it is certainly
exciting to encounter mineralization over broad zones that is consistent
with our structural model derived through our geochemical and
geophysics data from initial exploration activities over the past year,” said African Queen's CEO Irwin Olian.
early April, the company said that Alkili Minerals Services had
initiated its 2,000 metre core drilling program at the Odundu
Queen said that drilling completed so far indicates the anomalous
northwest-southeast trending shear zone that has been traced over the
property for approximately three kilometers is mineralized at depth
within the confines of the drilling.
The project is situated some
380 kilometres by road from the capital city of Nairobi and 60
kilometres north of the border with Tanzania, forming part of the rich
Lake Victoria Greenstone Belt that hosts gold deposits including African
(LON:ABG) Bulyanhulu and North Mara Mines and AngloGold Ashanti's (NYSE:AU) Geita Mine.
February and March of this year, seven trenches totaling 520 metres and
covering a northwest-southeast strike of approximately 580 metres were
excavated perpendicular to the main shear zone.
Broad zones of
mineralized material were recorded in all seven trenches, as wide as 40
metres. Gold assay results obtained from samples from the main artisanal
pit located between trenches A1 and B1 ranged between 2.12 g/t gold and
35.0 g/t. Intermediate values recorded within this range were 2.43 g/t,
3.0 g/t, 8.33 g/t, and 9.70 g/t gold, the company said.
drill holes totaling approximately 1,300 metres were positioned to test
the gold mineralization within an anomalous area of the
northwest-southeast trending shear zone traversing the property.
shear zone was initially discovered through the company's preliminary
field reconnaissance work and later delineated through airborne and
ground geophysics programs.
Under a joint venture agreement with
Kenyan-based Abba Mining Company, African Queen can earn up to an 85
percent interest in the project by funding prescribed optional stages
from exploration through feasibility.
The company is also the manager and operator of the property.
African Queen is exploring its properties in Mozambique, Ghana and
Kenya for gold and other metals and it is undertaking exploration in
Botswana and Namibia for diamonds, gold and other metals.
Its operations in Kenya are being carried out through its operating subsidiary AQ Kenya Gold Limited.