Orca Gold Intercepts 39m at 2.52 g/t Au in The Republic of The Sudan and 27.7 m at 1.74 g/t Au in Côte d’Ivoire
TSX VENTURE: ORG
VANCOUVER, British Columbia, May 01, 2018 (GLOBE NEWSWIRE) -- Orca Gold Inc. (TSX.V:ORG) (“Orca” or the “Company”) is pleased to announce continued success in drilling on the new Hanging Wall Zone at the Company’s flagship Block 14 Gold Project in the Republic of the Sudan and the discovery of a new mineralised zone at the Morondo Project in Côte d’Ivoire.
- Drilling continues to expand the Hanging Wall Zone at Galat Sufar South (“GSS”). Significant intercepts include:
- GSRC740: 39 m at 2.52 g/t Au
- GSRC741: 20 m at 2.72 g/t Au
- At Morondo, diamond drilling for metallurgical samples has extended the known mineralization and intersected 27.7m at 1.74 g/t Au in what looks to be a new footwall zone
Table 1: Hanging Wall Zone Drill Results
NOTE: True widths are on average 72% of drilled intercept
A short reverse circulation drill programme at Morondo in December 2017 confirmed the discovery of a broad mineralised system at its Morondo gold exploration permit in Côte d'Ivoire (see Company News Release on January 31, 2018).
In 2014, samples of RC chips taken from a previous programme and containing disseminated sulphides, were submitted for leach test work at the SGS Metallurgical Laboratory in the United Kingdom and returned recoveries of 95%. Recently, to confirm and expand on these results, two core holes were drilled to provide material for the next phase of test work. One of these holes was extended below previous drilling, based on silicification and sulphide mineralisation observed, and intersected what is believed to be a new Footwall Zone. Hole MRDD002 intersected 19.0m at 0.94 g/t and 27.7m at 1.74 g/t, below the known mineralisation (See Figure 2).
Drilling will re-commence at Morondo this month to follow up on this discovery and continue to expand mineralisation. If the new metallurgical test work confirms previous results, the drill program will be expanded towards defining an initial mineral resource at Morondo.
Commenting on the success of the recent drilling at GSS and Morondo, Richard Clark, CEO of Orca Gold said, “The ongoing expansion of mineral resources at GSS continues to justify an aggressive drill program. The discovery of the Hanging Wall Zone supports our new understanding of geological controls at GSS and strongly suggests that other, previously unidentified, targets will be discovered. We are very excited about this development and look forward to further reporting on the success of our resource expansion program.
At Morondo, the unexpected discovery of a new footwall zone significantly increases the potential of this project. With positive results from our current metallurgical testing, we will accelerate our drilling towards the early delivery of a maiden resource.”
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