Randgold did 40,000 metres plus of drilling in that program in 05/06 within the Morila Lease, with a focus on the south westerly extension of the high grade axis found in the pit.(Opposite direction to BGS tenements) One drillhole result returned a value of 34.89g/t over 4.43 metres from a depth of 400 metres below surface. Although they did not find a commercially viable amount of gold in the program. From Q3 2006 Results: In South Mali, Randgold has been exploring on its permits immediately adjacent to its Morila mine for several years. The techniques used to date have been successful in locating mineralised structures such as Ntiola and Kona. (This appears to suggest that Randgold owned some of our tenements in 2006) However, so far no economic mineralisation resembling the Morila deposit has been located.
BGS Price at posting:
1.3¢ Sentiment: LT Buy Disclosure: Held
