Thick, high-grade GOLD hits keep coming

Cheap gold to extract!


Chesser keeps the thick, high-grade gold hits coming
Thick, high-grade oxide gold and deeper, high grade hits that could point to deeper mineralisation are some of the results from the drilling at Chesser's Diamba Sud project. Pic: Getty Images

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Chesser continues to intersect thick, high-grade oxide gold mineralisation at its Diamba Sud project in Senegal along with further deeper, high-grade hits.

Results such as 41.5m grading 6.77 grams per tonne (g/t) gold from 17m and 10m at 7.33g/t gold from 16m have confirmed the thick, high-grade nature of the oxide mineralisation at Area D of the project.

And that’s a good thing as oxide mineralisation is often free milling – allowing a significant portion of the precious metal to be recovered by simple, low cost concentrating methods.

“The diamond holes not only confirmed the thickness and grade of oxide mineralisation but importantly the deeper high-grade intercepts will aid our understanding and targeting of the deeper feeder mineralisation below the high-grade oxide mineralisation in Area D,” Chesser Resources’ (ASX:CHZ) chief executive officer Andrew Grove noted.

“Drilling is currently progressing on some of our high priority southern exploration targets. We look forward to reporting these results as they are received.”

Further results are expected to be received from drilling at Area D as well as its other high priority exploration targets at Western Splay and Southern Arc.

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Area D plan view showing historical drilling and the most recent holes. Pic: Supplied