Burey Gold (ASX:BYR) is targeting gold in new drilling at the...

Burey Gold (ASX:BYR) is targeting gold in new drilling at the Giro Prospect in the Democratic Republic of Congo, and early results are expected in late November 2014.

The initial 3,000 metre reverse circulation drilling program will take four to six weeks and is testing the continuity of high grade mineralisation intersected at Kebigada Shear Zone.

Drilling will also confirm the true width of the mineralised zone expected to exceed 300 metres across the structure.

Burey acquired 55% of the project in May, which is located just 30 kilometres from Randgold Resources (LON:RRS) / AngloGold Ashanti’s (NYSE:AU) 17 million gold ounce Kibali project.

Significant results at Giro from previous drilling included 16 metres at 2.50g/t gold; 18 metres at 7.80g/t including 6 metres at 20.63g/t gold; 23 metres at 2.65g/t gold including 11 metres at 4.55g/t; and 7 metres at 14.99g/t gold.

The Giro Project area is underlain by prospective volcano-sedimentary lithologies in a similar structural and lithological setting as the Kibali gold deposits.

Both primary and alluvial gold was mined from two main areas, the Giro and Tora areas, during Belgian rule and today these areas are mined extensively by artisanal miners.

Deep artisanal workings were mapped and sampled over a distance of more than 2 kilometres across the target area and reported results up to 3.5 metres at 36.6g/t gold.

At least three additional large alluvial workings occur within the project area, confirming the potential for new discovery of primary mineralised targets.