ADU 0.00% 71.5¢ adamus resources limited

more interest

  1. 284 Posts.
    Good interest...maybe somebody knows more than what is shown in announcements...

    Reverse Circulation drilling program has commenced at
    the Company's Salman Gold Project located on the Ashanti Gold Belt in Ghana, West Africa.

    The Salman Project is situated on the southern extension of the Ashanti Gold Belt, which is host to over 60 Moz of gold. The tenements themselves lie just 40km south of the world class deposits of Bogosu (3.3Moz) and Prestea (10.7Moz). Mineralization at Salman is hosted within folded and sheared Proterozoic sediments and typically occurs within sulphides and as free gold associated with quartz veining.

    Previous exploration at Salman involving a number of surface geochemical sampling programs identified a zone of robust gold mineralization up to 350 metres in width and extending over 4,000 metres along strike. Follow up trenching of the anomaly produced substantial intersections including 100m @ 6.1g/t gold. Subsequent RC drilling on broad spaced lines (300-500 metres apart) intersected substantial zones of gold mineralization including:

    SRC 17, 73m @ 2.8g/t gold from surface
    Inc, 21m @ 8g/t gold
    SRC 18, 42m @ 3.2g/t gold from surface
    SRC 82, 85m @ 2.2g/t gold from 20m

    The width and grade of mineralization and its positioning close to surface suggests that the project possesses the necessary criteria for hosting a significant gold resource. The Company’s focus at Salman in the immediate future will be to infill drill the central and northern zones (Figure 2) and unlock the initial resource potential of the project. There are a number of other anomalous zones both along strike and parallel to the main zone. These anomalies have the potential to add significant ounces to an already very promising project


 
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