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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Amara Ming | LSE:AMA | London | Ordinary Share | GB00B04M1L91 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 17.25 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMAMA
RNS Number : 1602W
Amara Mining PLC
05 November 2014
05 November 2014 AIM: AMA
Amara Mining plc
("Amara" or "the Company")
FINAL RESULTS FROM 2014 DRILLING PROGRAMME AT YAOURE GOLD PROJECT,
INCLUDING 17M AT 7.3G/T
Amara Mining plc, the AIM-listed West African-focused gold mining company,is pleased to announce the final results from its 2014 drilling programme at its Yaoure Gold Project ("Yaoure") in Côte d'Ivoire. The 85,574 metre programme, which included 2,957 metres of geotechnical drilling, concluded on 20 October 2014, as previously announced.
HIGHLIGHTS:
-- Final 43 diamond drill ("DD") and 25 reverse circulation ("RC") results from the CMA zone show further continuity of the high grade mineralisation, with significant intercepts including:
o 29m at 4.68g/t from 219m in hole YRC0738
o 17m at 7.27g/t from 79m in hole YDD0366
o 35m at 3.20g/t from 127m in hole YRC0733
o 15m at 6.61g/t from 193m in hole YDD0345
o 15m at 5.51g/t from 87m and 6m at 8.59g/t from 111m in hole YRC0744
o 8m at 9.56g/t from 98m in hole YRC0742
o 8m at 6.48 from 75m and 5m at 10.38g/t from 106m in hole YDD0358
-- Final 32 DD results from the Yaoure Central zone continue to demonstrate high grade areas, with significant intercepts including:
o 10m at 4.97g/t from surface and 9m at 13.10g/t from 78m in hole YDD0374
o 5m at 15.32g/t from 234m in hole YDD0378
-- First Mineral Resource update delivered in September 2014 reporting a 248% increase in Indicated resources and more ounces at a higher grade in the economic pit shells to be used for mine design
-- Second Mineral Resource update is expected in December 2014 - all data from the 2014 drilling programme has been sent to Mario Rossi of GeoSystems International, Inc., who is responsible for compiling the Mineral Resource estimate
Hot Features
Premium
-- Fully-funded to deliver a Pre-Feasibility Study ("PFS") in Q1 2015
John McGloin, Chairman and Chief Executive Officer of Amara, commented:
"Yaoure is one of the few West African projects that still generate robust returns at a gold price of US$1,000 per ounce and the PFS is anticipated to confirm Yaoure's compelling economics, underlining its potential to be one of the bottom five lowest cost and top 10 largest producers in Africa."
"The final drilling results from the 2014 Yaoure drilling programme further demonstrate the strong continuity within the high grade CMA zone, with exceptional intercepts including 17 metres at 7.3g/t and 15 metres at 6.6g/t. They have also confirmed the presence of very high grade areas within the larger Yaoure Central zone, with compelling intercepts including 9 metres at 13.1g/t and 5 metres at 15.3g/t. These results highlight the potential to convert further ounces to the higher confidence Indicated category, which will form the basis of our Mineral Reserves calculation. All of the data from the drilling programme has now been sent to our consultant and we are on track to deliver the second Mineral Resource update of the year for Yaoure in December 2014."
Strong continuity of high grade CMA zone
The DD and RC results from the high grade CMA zone have demonstrated strong continuity and it is clear that mineralisation is consistent between holes drilled in the 2012/2013 drilling campaign and holes drilled in the 2014 campaign. The CMA zone has potential for selective mining at the start of Yaoure's mine life.
Significant intercepts from the CMA zone:
Borehole ID Section mN From (m) To (m) Interval (m)(1) Au g/t YDD0341 7300 170 182 12 5.57 YDD0341 7300 195 202 7 6.55 YDD0342 7350 238 246 8 4.60 YDD0345 7250 193 208 15 6.61 YDD0348 7150 120 139 19 3.20 YDD0353 7150 100 113 13 4.02 YDD0358 7050 75 83 8 6.48 YDD0358 7050 106 111 5 10.38 YDD0360G 6750 272 278 6 3.56 YDD0366 7250 79 96 17 7.27 YDD0370 7250 75 82 7 5.99 YDD0386 7450 253 261 8 5.15 YDD0403 7500 253 263 10 5.33 YDD0403 7500 327 346 19 5.46 YDD0408 7500 227 235 8 6.97 YRC0728 7300 161 171 10 4.34 YRC0731 7450 96 106 10 6.74 YRC0731 7450 200 206 6 8.99 YRC0733 7200 127 162 35 3.20 YRC0734 7350 168 174 6 5.02 YRC0738 7300 219 239 29 4.68 YRC0742 6850 98 106 8 9.56 YRC0744 6650 87 102 15 5.51 YRC0744 6650 111 117 6 8.59 ------------- ----------- --------- ------- ---------------- -------
High grade areas within Yaoure Central Zone
The DD results from the Yaoure Central zone have confirmed the presence of significant very high grade areas, with the latest intercepts including 9 metres at 13.10g/t and 5 metres at 15.32g/t.
Significant intercepts from the Yaoure Central zone:
Borehole Section mN From (m) To (m) Interval Au (g/t) ID (m)(1) YDD0336 6800 177 180 3 6.34 YDD0343 7500 317 325 8 3.28 YDD0352 7350 317 324 7 2.45 YDD0355 7150 245 255 10 1.97 YDD0374 7350 0 10 10 4.97 YDD0374 7350 78 87 9 13.10 YDD0377 7150 193 204 11 2.11 YDD0378 6500 234 239 5 15.32 ---------- ----------- --------- ------- --------- ---------
Notes to tables
1. Interval lengths are not true widths. Composite intersections are based on a minimum width of 2m and a cut-off of 0.40 g/t Au. Internal dilution of up to 2.00m at less than 0.40 g/t has been allowed for continuity
Background on 2014 Yaoure drilling programme
The 85,574 metre drilling programme was completed on time and within the expected budget. It has significantly de-risked the deposit and increased the Company's confidence in the project. Amara's geological knowledge of Yaoure has grown significantly as a result of the drilling programme and it is this understanding of the structural controls on mineralisation that will inform the second Mineral Resource update, which is anticipated in December 2014.
The first Mineral Resource update of the year, which was delivered in September 2014, delivered a 248% increase in Indicated resources and more ounces at a higher grade in the economic pit shells to be used for mine design. The second Mineral Resource update is expected to upgrade further ounces within the US$950 per ounce pit design to the Indicated category, from which ore reserves can be determined. This Mineral Resource estimate will be used as the basis for the PFS, which is expected to be delivered in Q1 2015.
Background on Yaoure Gold Project
Amara delivered a Preliminary Economic Assessment for Yaoure in Q1 2014. It demonstrated that the project has the potential to be one of the top 10 gold mines in Africa by production and top 50 in the world. With average production of 325,000 ounces per annum over a 12 year mine life and all-in sustaining costs of US$691 per ounce, the headline 8Mtpa scenario delivers an IRR of 32% at a gold price of US$1,250 per ounce and an NPV of US$688 million. Yaoure is one of the few development projects in West Africa that remains resilient at low gold prices, with an IRR of 23% at US$1,100 per ounce. The project is flexible and delivers similarly strong returns over a range of alternative throughput scenarios. The compelling economics are driven by the excellent existing infrastructure in Côte d'Ivoire, with low cost hydro-electric power from the Kossou dam (5km from site) and a dual carriageway to within 40km of site. With 85,574 metres of drilling completed in 2014, there is expected to be strong exploration upside potential on the current NI 43-101 compliant 6.3 million ounce resource base(i) .
For more information please contact:
Amara Mining plc John McGloin, Chairman and Chief Executive Officer Pete Gardner, Finance Director Katharine Sutton, Head of Investor Relations +44 (0)20 7398 1420 Peel Hunt LLP (Nominated Adviser & Joint Broker) Matthew Armitt Ross Allister +44 (0)20 7418 8900 GMP Securities Europe LLP (Joint Broker) Richard Greenfield Alex Carse +44 (0)20 7647 2800 Farm Street Communications (Media Relations) +44 (0)7593 340 Simon Robinson 107
About Amara Mining plc
Amara is a gold explorer/developer with assets in West Africa. The Company is focused on unlocking the value in its development projects. At Yaoure in Côte d'Ivoire, this will be done by increasing the confidence in the existing Mineral Resource and economics at the project as the Company progresses it through to Pre-Feasibility Study and Bankable Feasibility Study. At Baomahun, this will be achieved by gaining an improved understanding of the exploration upside potential and underground opportunity. With its experience of bringing new mines into production, Amara aims to further increase its production profile with highly prospective opportunities across both assets.
Peter Brown is a "Qualified Person" within the definition of National Instrument 43-101 and has reviewed and approved the information contained within this announcement. Dr Brown (MIMMM) is the Group Exploration Manager.
The RC and DD drilling programmes at Yaoure were undertaken by an independent drilling contractor. Typically samples for assaying were taken at one metre intervals. Sample preparation was carried out at the Company's facility at Yaoure, prior to fire assay at Actlabs in Ouagadougou, Burkina Faso. The samples were crushed down to minus 2mm and then pulverised down to 90% passing 75 microns, prior to analysis for gold by 50g fire assay. As part of the Company's QA/QC procedures, internationally recognised standards, duplicates and blanks were inserted. Check assays are being carried out at ALS Geochemistry in Vancouver, Canada. The laboratories used are independent of the Company.
APPENDIX
Results of final 75 DD holes
Borehole Section From (m) To (m) Interval Au (g/t)
ID mN (m)(1) Lode
YDD0306 6500 5.00 7.00 2 6.44 Waste dump
YDD0306 42.00 46.00 4 1.34 CMA
YDD0306 60.00 62.00 2 1.13 CMA
YDD0306 130.00 133.00 3 0.91 CMA FW
YDD0306 252.00 257.00 5 0.71 YC
YDD0336 6800 170.00 173.00 3 0.90 YC
YDD0336 177.00 180.00 3 6.34 YC
YDD0336 278.00 280.00 2 2.27 YC
YDD0336 321.00 325.00 4 0.51 YC
YDD0337 6950 41.00 44.00 3 0.92 Waste dump
YDD0337 70.00 73.00 3 1.11 CMA
YDD0337 146.00 150.00 4 0.48 CMA FW
YDD0339 7150 8.00 11.00 3 0.68 Waste dump
YDD0339 147.00 152.00 5 6.33 CMA
YDD0339 161.00 175.00 14 2.32 CMA
YDD0339 178.00 180.00 2 1.25 CMA
YDD0340 6900 63.00 67.00 4 2.61 YC
YDD0341 7300 136.00 138.00 2 0.59 CMA HW
YDD0341 170.00 182.00 12 5.57 CMA
YDD0341 195.00 202.00 7 6.55 CMA
YDD0342 7350 0.00 2.00 2 0.70 CMA HW
YDD0342 5.00 7.00 2 0.82 CMA HW
YDD0342 97.00 99.00 2 0.85 CMA HW
YDD0342 226.00 229.00 3 0.53 CMA
YDD0342 238.00 246.00 8 4.60 CMA
YDD0342 251.00 253.00 2 2.02 CMA
YDD0342 281.00 289.00 8 0.91 CMA FW
YDD0342 306.00 310.00 4 1.43 CMA FW
YDD0343 7500 1.00 6.00 5 0.64 Waste dump
YDD0343 233.00 237.00 4 2.38 CMA
YDD0343 286.00 289.00 3 0.41 CMA FW
YDD0343 293.00 295.00 2 0.48 CMA FW
YDD0343 307.00 310.00 3 1.57 CMA FW
YDD0343 317.00 325.00 8 3.28 YC
YDD0344 7200 28.00 30.00 2 0.78 YC
YDD0344 42.00 44.00 2 2.29 YC
YDD0344 66.00 69.00 3 3.43 YC
YDD0344 116.00 119.00 3 0.46 YC
YDD0344 137.00 139.00 2 0.56 YC
YDD0344 143.00 147.00 4 2.01 YC
YDD0344 182.00 184.00 2 0.58 YC
YDD0344 190.00 196.00 6 1.44 YC
YDD0344 246.00 258.00 12 0.42 YC
YDD0344 273.00 279.00 6 1.75 YC
YDD0344 296.00 301.00 5 1.04 YC
YDD0344 320.00 330.00 10 1.11 YC
YDD0345 7250 182.00 190.00 8 3.00 CMA
YDD0345 193.00 208.00 15 6.61 CMA
YDD0345 211.00 215.00 4 0.68 CMA
YDD0345 224.00 227.00 3 0.98 CMA FW
YDD0346 7150 9.00 13.00 4 0.50 Waste dump
YDD0346 118.00 127.00 9 0.65 CMA FW
YDD0346 137.00 139.00 2 2.43 CMA FW
YDD0347 7050 44.00 46.00 2 3.47 YC
YDD0347 49.00 59.00 10 1.99 YC
YDD0347 70.00 91.00 21 1.19 YC
YDD0347 98.00 101.00 3 1.99 YC
YDD0347 104.00 112.00 8 1.71 YC
YDD0347 129.00 133.00 4 0.44 YC
YDD0347 151.00 154.00 3 1.89 YC
YDD0347 157.00 159.00 2 4.25 YC
YDD0347 272.00 274.00 2 2.14 YC
YDD0348 7150 7.00 9.00 2 0.45 Waste dump
YDD0348 18.00 26.00 8 0.43 Waste dump
YDD0348 97.00 100.00 3 1.16 CMA
YDD0348 105.00 110.00 5 1.03 CMA
YDD0348 120.00 139.00 19 3.20 CMA
YDD0349G 7600 1.00 3.00 2 0.47 Laterite
YDD0349G 108.00 112.00 4 0.56 CMA HW
YDD0349G 156.00 160.00 4 0.47 CMA HW
YDD0349G 208.00 210.00 2 0.63 CMA HW
YDD0349G 228.00 230.00 2 0.49 CMA HW
YDD0349G 276.00 278.00 2 0.82 CMA HW
YDD0349G 341.00 346.00 5 0.95 CMA HW
YDD0349G 371.00 384.00 13 2.18 CMA
YDD0349G 387.00 389.00 2 4.63 CMA
YDD0349G 392.00 395.00 3 1.38 CMA
YDD0350 7400 49.00 53.00 4 1.35 CMA HW
YDD0350 83.00 85.00 2 2.57 CMA HW
YDD0350 113.00 116.00 3 0.59 CMA HW
YDD0350 225.00 228.00 3 1.90 CMA
YDD0350 232.00 234.00 2 1.10 CMA
YDD0351 7450 100.00 106.00 6 3.63 CMA
YDD0351 198.00 201.00 3 0.73 CMA FW
YDD0351 211.00 215.00 4 2.63 CMA FW
YDD0351 227.00 235.00 8 1.26 YC
YDD0351 247.00 251.00 4 0.42 YC
YDD0351 270.00 273.00 3 1.00 YC
YDD0351 281.00 286.00 5 2.84 YC
YDD0351 337.00 340.10 3.1 0.72 YC
YDD0352 7350 5.00 7.00 2 0.53 CMA HW
YDD0352 11.00 15.00 4 0.42 CMA HW
YDD0352 21.00 23.00 2 0.89 CMA HW
YDD0352 169.00 174.00 5 2.64 YC
YDD0352 189.00 194.00 5 0.51 YC
YDD0352 203.00 206.00 3 0.58 YC
YDD0352 214.00 217.00 3 0.91 YC
YDD0352 244.00 248.00 4 0.44 YC
YDD0352 317.00 324.00 7 2.45 YC
YDD0352 333.00 335.00 2 1.49 YC
YDD0353 7150 2.00 5.00 3 1.26 Waste dump
YDD0353 13.00 15.00 2 3.50 Waste dump
YDD0353 28.00 32.00 4 0.97 Waste dump
YDD0353 59.00 62.00 3 0.66 Waste dump
YDD0353 83.00 85.00 2 5.81 CMA
YDD0353 88.00 92.00 4 2.95 CMA
YDD0353 100.00 113.00 13 4.02 CMA
YDD0354 6950 266.00 268.00 2 3.04 CMA
YDD0355 7150 210.00 219.00 9 1.09 YC
YDD0355 229.00 241.00 12 0.58 YC
YDD0355 245.00 255.00 10 1.97 YC
YDD0355 277.00 282.00 5 0.81 YC
YDD0355 290.00 293.00 3 0.93 YC
YDD0356 6950 38.00 41.00 3 3.25 YC
YDD0356 92.00 94.00 2 2.00 YC
YDD0357 7450 123.00 125.00 2 3.76 CMA
YDD0357 131.00 134.00 3 9.39 CMA
YDD0357 137.00 140.00 3 1.86 CMA
YDD0357 156.00 159.00 3 0.45 CMA
YDD0357 200.00 207.00 7 0.49 CMA FW
YDD0357 262.00 264.00 2 0.48 CMA FW
YDD0357 272.00 281.00 9 0.62 CMA FW
YDD0357 301.00 307.00 6 2.91 YC
YDD0358 7050 44.00 47.00 3 6.79 CMA HW
YDD0358 57.00 60.00 3 6.56 CMA HW
YDD0358 75.00 83.00 8 6.48 CMA
YDD0358 106.00 111.00 5 10.38 CMA
YDD0360G 6750 254.00 259.00 5 2.19 CMA HW
YDD0360G 265.00 269.00 4 1.41 CMA HW
YDD0360G 272.00 278.00 6 3.56 CMA HW
YDD0360G 305.00 309.00 4 1.18 CMA
YDD0360G 326.00 330.00 4 0.82 CMA FW
YDD0361G 6300 112.00 116.00 4 2.09 CMA South
YDD0362 6300 7.00 9.00 2 0.43 CMA HW
YDD0362 168.00 172.00 4 0.75 CMA HW
YDD0362 247.00 249.00 2 1.66 CMA HW
YDD0362 253.00 257.00 4 11.15 CMA
YDD0362 335.00 339.00 4 1.39 CMA FW
YDD0363 7200 1.00 5.00 4 0.87 YC
YDD0363 10.00 13.00 3 0.89 YC
YDD0363 31.00 34.00 3 2.83 YC
YDD0363 38.00 40.00 2 5.05 YC
YDD0363 94.00 96.00 2 0.74 YC
YDD0363 100.00 102.00 2 1.38 YC
YDD0363 146.00 148.00 2 0.73 YC
YDD0363 220.00 222.00 2 1.13 YC
YDD0364 7600 31.00 33.00 2 0.43 CMA HW
YDD0364 80.00 84.00 4 0.77 CMA HW
YDD0364 337.00 340.00 3 1.36 CMA
YDD0365 7350 52.00 60.00 8 0.42 CMA
YDD0365 69.00 71.00 2 0.59 CMA
YDD0365 248.00 253.00 5 0.75 YC
YDD0366 7250 21.00 23.00 2 0.47 Waste dump
YDD0366 39.00 41.00 2 1.02 Waste dump
YDD0366 79.00 96.00 17 7.27 CMA
YDD0366 138.00 141.00 3 0.73 CMA FW
YDD0366 148.00 158.00 10 3.88 CMA FW
YDD0367 7200 13.00 16.00 3 1.15 YC
YDD0367 30.00 32.00 2 0.59 YC
YDD0367 187.00 192.00 5 2.36 YC
YDD0368 6350 22.00 24.00 2 0.60 CMA HW
YDD0368 28.00 30.00 2 0.75 CMA HW
YDD0368 75.00 82.00 7 1.64 CMA
YDD0368 85.00 102.00 17 0.50 CMA
YDD0368 108.00 112.00 4 0.69 CMA
YDD0369 6750 79.00 85.00 6 0.44 CMA FW
YDD0369 113.00 128.00 15 1.27 YC
YDD0369 132.00 136.00 4 3.53 YC
YDD0369 162.00 166.00 4 0.95 YC
YDD0369 183.00 186.00 3 2.53 YC
YDD0369 233.00 238.00 5 1.49 YC
YDD0370 7250 6.00 10.00 4 1.25 Waste dump
YDD0370 17.00 21.00 4 1.20 Waste dump
YDD0370 28.00 34.00 6 2.29 CMA
YDD0370 41.00 47.00 6 0.90 CMA
YDD0370 75.00 82.00 7 5.99 CMA
YDD0370 122.00 125.00 3 1.79 CMA FW
YDD0370 151.00 157.00 6 1.01 CMA FW
YDD0370 227.00 233.00 6 1.77 CMA FW
YDD0371B 6650 30.00 32.00 2 2.69 YC
YDD0371A 78.00 81.00 3 4.46 YC
YDD0371A 124.00 126.00 2 6.16 YC
YDD0371A 149.00 153.00 4 0.45 YC
YDD0371A 174.00 189.00 15 0.95 YC
YDD0371A 202.00 209.00 7 0.87 YC
YDD0371A 212.00 220.00 8 1.95 YC
YDD0371A 223.00 225.00 2 1.36 YC
YDD0372 6650 89.00 91.00 2 0.52 YC
YDD0372 102.00 105.00 3 4.87 YC
YDD0372 177.00 181.00 4 2.53 YC
YDD0372 284.00 289.00 5 1.72 YC
YDD0373 6750 12.00 14.00 2 1.31 CMA
YDD0373 249.00 253.00 4 3.85 YC
YDD0374 7350 0.00 10.00 10 4.97 YC
YDD0374 31.00 33.00 2 0.59 YC
YDD0374 46.00 51.00 5 1.39 YC
YDD0374 78.00 87.00 9 13.10 YC
YDD0374 97.00 112.00 15 0.89 YC
YDD0374 130.00 132.00 2 1.05 YC
YDD0374 138.00 140.00 2 0.49 YC
YDD0374 158.00 165.00 7 1.84 YC
YDD0374 176.00 180.00 4 0.72 YC
YDD0374 185.00 189.00 4 0.59 YC
YDD0375 7450 83.00 85.00 2 2.08 YC
YDD0375 102.00 106.00 4 0.56 YC
YDD0375 161.00 164.00 3 0.76 YC
YDD0376 6800 73.00 76.00 3 0.53 YC
YDD0376 79.00 82.00 3 2.77 YC
YDD0376 142.00 145.00 3 1.83 YC
YDD0376 161.00 170.00 9 0.76 YC
YDD0376 181.00 189.00 8 0.58 YC
YDD0376 197.00 207.00 10 0.74 YC
YDD0376 210.00 224.00 14 1.04 YC
YDD0376 293.00 302.00 9 0.59 YC
YDD0377 7150 24.00 26.00 2 5.14 YC
YDD0377 30.00 32.00 2 0.79 YC
YDD0377 89.00 94.00 5 0.56 YC
YDD0377 175.00 177.00 2 0.68 YC
YDD0377 193.00 204.00 11 2.11 YC
YDD0377 219.00 221.10 2.1 0.66 YC
YDD0378 6500 36.00 44.00 8 0.59 YC
YDD0378 62.00 66.00 4 0.44 YC
YDD0378 234.00 239.00 5 15.32 YC
YDD0378 243.00 245.00 2 1.24 YC
YDD0379 7300 66.00 72.00 6 0.42 YC
YDD0379 104.00 108.00 4 1.12 YC
YDD0379 112.00 118.00 6 0.55 YC
YDD0379 121.00 126.00 5 0.70 YC
YDD0379 144.00 146.00 2 0.74 YC
YDD0379 153.00 158.00 5 2.21 YC
YDD0379 168.00 172.00 4 0.61 YC
YDD0379 181.00 183.00 2 1.62 YC
YDD0379 201.00 205.00 4 0.55 YC
YDD0380 6850 189.00 193.00 4 1.06 YC
YDD0381 7400 0.00 2.00 2 0.42 YC
YDD0381 11.00 18.00 7 0.49 YC
YDD0381 24.00 27.00 3 3.47 YC
YDD0381 123.00 128.00 5 0.77 YC
YDD0381 154.00 158.00 4 1.03 YC
YDD0382 6600 16.00 18.00 2 0.48 Waste dump
YDD0382 145.00 147.00 2 0.42 YC
YDD0382 224.00 226.00 2 1.63 YC
YDD0382 277.00 282.00 5 1.45 YC
YDD0382 310.00 317.00 7 2.07 YC
YDD0382 320.00 322.00 2 0.42 YC
YDD0382 339.00 341.00 2 0.40 YC
YDD0382 353.00 356.00 3 2.07 YC
YDD0383 6700 40.00 46.00 6 0.59 CMA
YDD0383 51.00 54.00 3 0.86 CMA
YDD0383 208.00 212.00 4 0.99 YC
YDD0383 222.00 226.00 4 0.50 YC
YDD0383 249.00 252.00 3 1.39 YC
YDD0383 259.00 261.00 2 0.80 YC
YDD0383 269.00 271.00 2 0.88 YC
YDD0384 7500 43.00 45.00 2 0.75 YC
YDD0384 103.00 109.00 6 1.23 YC
YDD0384 174.00 177.00 3 1.00 YC
YDD0385 7450 54.00 56.00 2 0.93 CMA HW
YDD0385 65.00 71.00 6 0.57 CMA HW
YDD0385 175.00 178.00 3 0.99 CMA HW
YDD0385 182.00 188.00 6 1.93 CMA HW
YDD0385 227.00 238.00 11 3.18 CMA
YDD0385 253.00 257.00 4 1.64 CMA FW
YDD0385 290.00 292.00 2 2.67 CMA FW
YDD0386 7450 75.00 79.00 4 1.14 CMA HW
YDD0386 212.00 214.00 2 1.05 CMA HW
YDD0386 220.00 222.00 2 0.89 CMA HW
YDD0386 253.00 261.00 8 5.15 CMA
YDD0386 301.00 304.00 3 1.18 CMA FW
YDD0387 7250 8.00 10.00 2 3.45 YC
YDD0387 68.00 74.00 6 1.66 YC
YDD0387 77.00 81.00 4 0.52 YC
YDD0387 102.00 105.00 3 0.58 YC
YDD0387 129.00 131.00 2 0.46 YC
YDD0387 161.00 166.00 5 0.54 YC
YDD0387 171.00 176.00 5 0.81 YC
YDD0387 184.00 186.00 2 1.09 YC
YDD0387 189.00 196.00 7 0.55 YC
YDD0388 6550 6.00 11.00 5 0.65 Waste dump
YDD0388 44.00 46.00 6 0.65 Waste dump
YDD0388 56.00 58.00 2 0.93 Waste dump
YDD0388 68.00 70.00 2 0.40 Waste dump
YDD0388 78.00 86.00 8 2.40 CMA
YDD0389 7050 11.00 13.00 2 2.42 CMA HW
YDD0389 194.00 199.00 5 4.71 CMA
YDD0389 202.00 205.00 3 4.44 CMA
YDD0390 6900 2.00 6.00 4 0.69 Waste dump
YDD0390 26.00 34.00 8 0.46 Waste dump
YDD0390 42.00 48.00 6 0.48 Waste dump
YDD0392 6800 10.00 15.00 5 6.40 Waste dump
YDD0392 38.00 40.00 2 0.40 Waste dump
YDD0393 7200 7.00 10.00 3 0.87 YC
YDD0394 6450 13.00 18.00 5 0.97 Waste dump
YDD0394 21.00 24.00 3 0.42 Waste dump
YDD0394 66.00 68.00 2 3.25 Waste dump
YDD0394 77.00 84.00 7 0.63 CMA
YDD0394 88.00 91.00 3 1.13 CMA
YDD0394 98.00 102.00 4 2.33 CMA
YDD0395 7100 148.00 150.00 2 0.82 YC
YDD0395 169.00 174.00 5 1.20 YC
YDD0396 7150 8.00 14.00 6 0.64 YC
YDD0396 149.00 158.00 9 1.04 YC
YDD0397 7450 25.00 28.00 3 3.01 CMA HW
YDD0397 75.00 78.00 3 0.94 CMA HW
YDD0397 220.00 223.00 3 2.18 CMA HW
YDD0397 255.00 280.00 25 1.89 CMA
YDD0397 283.00 288.00 5 0.79 CMA
YDD0397 311.00 317.00 6 1.03 CMA FW
YDD0398 6400 97.00 99.00 2 0.59 CMA South
YDD0398 129.00 132.00 3 0.40 CMA South
YDD0399 6450 0.00 2.00 2 7.36 Laterite
YDD0399 182.00 187.00 5 0.53 CMA
YDD0400 6450 16.00 18.00 2 1.57 Waste dump
YDD0400 31.00 33.00 2 5.62 Waste dump
YDD0401 7000 31.00 38.00 7 0.51 Waste dump
YDD0401 48.00 51.00 3 0.85 Waste dump
YDD0401 54.00 56.00 2 0.52 Waste dump
YDD0402 6400 30.00 33.00 3 0.66 Waste dump
YDD0402 49.00 51.00 2 0.40 Waste dump
YDD0402 69.00 71.00 2 0.76 Waste dump
YDD0402 128.00 133.00 5 0.62 CMA
YDD0402 191.00 193.00 2 0.59 CMA South
YDD0403 7500 0.00 7.00 7 1.70 CMA HW
YDD0403 124.00 128.00 4 2.49 CMA HW
YDD0403 187.00 194.00 7 0.57 CMA HW
YDD0403 231.00 233.00 2 2.32 CMA HW
YDD0403 253.00 263.00 10 5.33 CMA
YDD0403 275.00 278.00 3 0.50 CMA FW
YDD0403 291.00 300.00 9 0.54 CMA FW
YDD0403 315.00 322.00 7 1.56 CMA FW
YDD0403 327.00 346.00 19 5.46 CMA FW
YDD0404 6600 47.00 49.00 2 1.05 YC
YDD0404 61.00 65.00 4 2.98 YC
YDD0404 75.00 77.00 2 1.53 YC
YDD0404 199.00 201.00 2 0.87 YC
YDD0405 7000 9.00 11.00 2 1.13 YC
YDD0406 6350 125.00 128.00 3 0.74 CMA South
YDD0407 6300 11.00 15.00 4 0.57 Waste dump
YDD0407 35.00 39.00 4 1.24 CMA South
YDD0407 42.00 44.00 2 0.71 CMA South
YDD0408 7500 169.00 174.00 5 0.59 CMA HW
YDD0408 181.00 186.00 5 4.27 CMA HW
YDD0408 227.00 235.00 8 6.97 CMA
YDD0408 267.00 269.00 2 0.67 CMA FW
YDD0408 280.00 287.00 7 0.74 CMA FW
YDD0409 6350 49.00 54.00 5 0.52 CMA HW
YDD0409 152.00 158.00 6 0.54 CMA South
YDD0409 168.00 176.00 8 1.11 CMA South
---------- -------- --------- ------- --------- --------- -----------
Results of final 25 RC holes
Borehole Section From (m) To (m) Interval Au (g/t) Lode
ID mN (m)
YRC0728 7300 114.00 117.00 3 3.93 CMA
YRC0728 130.00 137.00 7 2.52 CMA
YRC0728 140.00 142.00 2 3.51 CMA
YRC0728 161.00 171.00 10 4.34 CMA
YRC0728 188.00 191.00 3 0.68 CMA FW
YRC0728 225.00 229.00 4 0.71 CMA FW
YRC0729 7400 31.00 43.00 12 1.52 CMA HW
YRC0729 132.00 135.00 3 2.44 CMA HW
YRC0729 208.00 215.00 7 3.84 CMA
YRC0729 264.00 266.00 2 0.71 CMA FW
YRC0730 7350 1.00 3.00 2 0.91 Waste dump
YRC0730 85.00 87.00 2 2.33 CMA HW
YRC0730 105.00 110.00 5 2.98 CMA
YRC0730 149.00 154.00 5 0.58 CMA
YRC0730 158.00 172.00 14 1.69 CMA
YRC0730 190.00 192.00 2 1.01 CMA FW
YRC0730 204.00 209.00 5 2.80 CMA FW
YRC0731 7450 7.00 9.00 2 0.79 Waste dump
YRC0731 18.00 23.00 5 0.83 CMA HW
YRC0731 80.00 86.00 6 2.34 CMA HW
YRC0731 96.00 106.00 10 6.74 CMA HW
YRC0731 119.00 126.00 7 1.05 CMA HW
YRC0731 200.00 206.00 6 8.99 CMA
YRC0731 212.00 216.00 4 2.64 CMA
YRC0731 268.00 283.00 15 0.99 CMA FW
YRC0732 7250 18.00 24.00 6 0.88 Waste dump
YRC0732 43.00 45.00 2 0.70 Waste dump
YRC0732 84.00 86.00 2 3.11 CMA
YRC0732 176.00 182.00 6 2.50 CMA FW
YRC0733 7200 69.00 77.00 8 0.60 CMA HW
YRC0733 80.00 90.00 10 0.72 CMA HW
YRC0733 104.00 107.00 3 1.47 CMA HW
YRC0733 127.00 162.00 35 3.20 CMA
YRC0733 171.00 174.00 3 1.13 CMA FW
YRC0734 7350 168.00 174.00 6 5.02 CMA
YRC0734 206.00 218.00 12 2.48 CMA
YRC0734 247.00 249.00 2 2.89 CMA FW
YRC0735 7200 21.00 23.00 2 0.62 Waste dump
YRC0735 33.00 36.00 3 0.93 Waste dump
YRC0735 72.00 76.00 4 1.63 CMA FW
YRC0735 119.00 122.00 3 0.79 CMA FW
YRC0735 182.00 184.00 2 0.70 CMA FW
YRC0735 226.00 228.00 2 2.36 YC
YRC0736 7150 208.00 214.00 6 2.90 CMA
YRC0736 242.00 248.00 6 0.67 CMA
YRC0737 7200 22.00 33.00 11 1.02 CMA HW
YRC0737 76.00 80.00 4 2.56 CMA
YRC0737 102.00 112.00 10 3.37 CMA
YRC0737 135.00 138.00 3 0.71 CMA FW
YRC0738 7300 219.00 239.00 20 4.68 CMA
YRC0738 258.00 260.00 2 0.90 CMA FW
YRC0738 281.00 287.00 6 1.07 CMA FW
YRC0739 7100 143.00 145.00 2 0.41 CMA HW
YRC0739 232.00 240.00 8 3.38 CMA
YRC0739 256.00 258.00 2 0.77 CMA
YRC0740 7100 25.00 31.00 6 0.77 Waste dump
YRC0740 35.00 37.00 2 0.90 Waste dump
YRC0740 204.00 208.00 4 2.43 CMA FW
YRC0741 7250 124.00 141.00 17 2.55 CMA
YRC0741 150.00 161.00 11 2.64 CMA
YRC0741 222.00 225.00 3 1.12 CMA FW
YRC0741 228.00 230.00 2 1.19 CMA FW
YRC0742 6850 28.00 38.00 10 0.75 Waste dump
YRC0742 86.00 89.00 3 0.48 CMA FW
YRC0742 98.00 106.00 8 9.56 CMA FW
YRC0742 157.00 159.00 2 1.98 CMA FW
YRC0743 6750 57.00 59.00 2 0.91 CMA HW
YRC0743 71.00 73.00 2 1.04 CMA
YRC0743 95.00 97.00 2 2.19 CMA
YRC0743 130.00 135.00 5 2.99 CMA
YRC0744 6650 47.00 49.00 2 2.80 CMA
YRC0744 87.00 102.00 15 5.51 CMA
YRC0744 111.00 117.00 6 8.59 CMA
YRC0745 6700 46.00 48.00 2 0.54 CMA
YRC0745 91.00 94.00 3 3.37 CMA
YRC0745 129.00 132.00 3 2.29 CMA
YRC0745 163.00 168.00 5 1.69 CMA FW
YRC0745 174.00 183.00 9 0.66 CMA FW
YRC0746 7500 7.00 12.00 5 1.23 Waste dump
YRC0746 24.00 28.00 4 4.45 CMA HW
YRC0746 93.00 96.00 3 4.58 CMA HW
YRC0746 176.00 178.00 2 1.62 CMA
YRC0746 251.00 254.00 3 1.46 CMA FW
YRC0746 265.00 270.00 5 0.54 CMA FW
YRC0747 7100 129.00 166.00 37 1.48 CMA
YRC0747 194.00 196.00 2 1.74 CMA FW
YRC0748 7250 2.00 5.00 3 0.70 Waste dump
YRC0748 34.00 41.00 7 1.09 CMA FW
YRC0748 121.00 129.00 8 2.86 CMA FW
YRC0748 133.00 137.00 4 1.47 CMA FW
YRC0748 200.00 207.00 7 1.29 YC
YRC0748 213.00 215.00 2 1.93 YC
YRC0748 234.00 248.00 14 1.83 YC
YRC0749 6300 13.00 15.00 2 5.44 Waste dump
YRC0749 34.00 40.00 6 0.74 Kongonza
YRC0749 57.00 60.00 3 0.61 CMA South
YRC0749 171.00 175.00 4 2.29 CMA South
YRC0749 203.00 208.00 5 0.96 CMA South
YRC0749 211.00 215.00 4 0.69 CMA South
YRC0749 229.00 231.00 2 1.18 CMA South
YRC0749 235.00 238.00 3 1.48 CMA South
YRC0750 6700 224.00 226.00 2 0.82 CMA
YRC0751 6400 7.00 9.00 2 1.94 Waste dump
YRC0751 187.00 193.00 6 3.40 CMA
---------- -------- --------- ------- --------- --------- -----------
Note to table:
1 Interval lengths are not true widths. Composite intersections are based on a minimum width of 2m and a cut-off of 0.40 g/t Au. Internal dilution of up to 2.00m at less than 0.40 g/t has been allowed for continuity. Holes YDD0338, YDD0391 and YRC0752 had no intersections that met the intersection criteria.
_________________
(i) Effective date of Yaoure's Mineral Resource estimate is 23 September 2014
This information is provided by RNS
The company news service from the London Stock Exchange
END
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