PRU 0.00% $2.31 perseus mining limited

4 million ounces gold ...

  1. 24,765 Posts.
    An excellent resource upgrade announced. Part of the announcement is below.

    What I like in particular is the "...almost continuous 1.8km gold mineralised zone between Abnabna and Fobinso which is likely to support a 2km long open pit development."

    "Perseus Mining Limited (ASX: PRU) is pleased to announce a maiden 421,000 ounce gold resource estimate for the recently discovered AF-Gap prospect at its Ayanfuri Project in Ghana, providing a 19 percent increase in resources for Ayanfuri to 2.61 million ounces up from 2.19 million ounces declared on July 24 2007.

    The increase takes Perseus’s total gold resources at the Ayanfuri and Grumesa projects in Ghana to 3.4 million ounces and its global resources to 4.0 million ounces.

    Recent drilling and the resource estimate have confirmed that AF-Gap is part of an almost continuous 1.8km gold mineralised zone between Abnabna and Fobinso which is likely to support a 2km long open pit development. Deeper drilling is planned in several areas along the zone to further increase resources...."
 
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