SBS 0.00% 2.9¢ sub-sahara resources nl

over 1mill oz koka deposit and open in depth, page-20

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    Sub Sahara’s Koka extended

    Sub Suhara's Zara drill site


    Assay results from 14 diamond drill holes have extended the known mineralisation at Sub Sahara Resources’ cornerstone Koka gold deposit by a further 160m to 760m.

    Two drill holes intersected significant gold mineralisation of up to 160m south of the existing drilling at Koka. These results confirm the existing resource has the potential to be further extended to the south.

    The Koka deposit, within the Zara Gold Project, contains an Indicated/Inferred resource of 1,040,000 oz gold from 5.13 million tonnes of ore, grading 6.31 g/t. This is expected to increase once these latest drill results are incorporated into the resource model.

    Sub Sahara Managing Director, Mike Griffiths said that while the results were narrower than previous drill intercepts, the prospect of the Zara project being commercial remains very favourable.

    “We now have a known mineralisation of commercial quantities and good grade that extends a further 160m to the south, and is still open at depth,” Mr Griffiths said.

    “Sub Sahara will continue with the drilling campaign in an effort to extend the known mineralisation as far as we can.

    “We expect any additional good drill results will only further improve the project economics for mining this deposit, with early indications already showing the project to be very robust,” he said.



 
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