SBS sub-sahara resources nl

over 1mill oz koka deposit and open in depth

  1. 5,813 Posts.
    Sub Sahara’s Koka gold deposit extended additional 160 metres.
    Mineralisation now totals 760 metres - and still open at depth
    Australian gold exploration company Sub Sahara Resources (ASX: SBS) has received
    assay results from a further 14 diamond drill holes (ZARD97-ZARD111), which have
    extended the known mineralisation 160 metres (to 760metres) at the company’s
    cornerstone project, the Koka gold deposit, in Eritrea, Africa.
    The Koka Gold deposit, within the Zara Gold Project, contains an “Indicated” (83%) /
    Inferred (17%) resource of 1,040,000ozs gold from 5.13million tonnes of ore, grading
    6.31g/t. This is expected to increase once these latest drill results are incorporated into
    the resource model.
 
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