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Vital Metals drills shallow high-grade gold in West Africa

Assays have revealed good gold potential at the Boungou South prospect.

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Drilling continues at multiple prospects

Vital Metals (ASX:VML) has assayed shallow intercepts of high-grade gold mineralisation at its 100% owned Boungou South prospect within the Kollo Gold Project in Burkina Faso.

22 reverse circulation holes for 1,680 metres were drilled at Boungou South to test an identified gold in soil anomaly.

This program of drilling confirmed and surpassed previous drill intercepts from reconnaissance drilling conducted in 2012.

Drill hits included 8 metres at 9.3 g/t gold from 56 metres.

Mark Strizek, managing director, commented: “Gold mineralisation has been intersected in a granodiorite body and in greenstones on an intensely sheared contact.

“This creates a very prospective setting that we see repeated across our Kollo Project and also along the Markoye fault corridor at projects such as West African Resources Sanbrado project.”

Drill result details

This program of drilling confirmed and surpassed previous drill intercepts from 2012 reconnaissance drilling.

Results from the 22 holes include:

- 8 metres at 9.3 g/t gold from 56 metres;
- 9 metres at 3.6 g/t gold from 39 metres;
- 2 metres at 1.5 g/t gold from 16 metres; and
- 5 metres at 3.2 g/t gold from 22 metres.

Further work is planned to follow up the gold mineralisation which remains open along strike and at depth.

Six reverse circulation holes for 451 metres were drilled at the ADB prospect to test a gold in soil anomaly with moderate grade intercepts near the previously reported peak auger result of 5.2 g/t gold.

Results from ADB included:

- 10 metres at 0.6 g/t gold; and
- 2 metres at 1.4 g/t gold.

Further auger results are expected from the Kampala tenement and these will be compiled with the drilling data once received and further work planned.

Next steps

Exploration activities continue in Burkina Faso and the company will be providing regular updates on drilling progress with the next results expected in July.

Analysis

The Kollo Project continues to deliver high-grade gold assays and further reveal the project’s potential to host a gold resource.

In this set of assays, the reverse circulation drilling under high-grade gold in soil geochemical anomalies has intercepted shallow gold mineralisation at the Boungou South prospect.

The extent of the gold mineralisation is yet to be determined as the gold mineralisation remains open at depth and along strike.

News flow is set to continue as contractors have started drill testing of the highly prospective and untested Kollo Hill which is around 1 kilometre of strike length on the Kollo shear zone between Kollo Central and Kollo North.

The drill rig and support truck are track mounted allowing them to continue operations through the pending wet season.

In addition, diamond drill testing of high grade contact zone mineralisation at Kollo South is ongoing with diamond tails being completed on holes that did not make target depth due to water inflows.

Quick facts: Vital Metals Limited

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ASX:VML
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