AMN - GHANA: Soil sampling expands Anumso target area

Ashanti Gold Corp has received positive results from ongoing surface exploration at the Anumso Gold Project in Ghana. Results from 486 soil geochemical samples have significantly broadened the target area for mineralisation.

Previous sampling identified multiple lines of anomalism parallel to the drill tested Banket conglomerate with anomalous samples up to the ends of these lines.

Extensions of these sample lines, along with further testing of a newly discovered additional stratigraphic horizon of Banket conglomerate, reveals a new broadened anomaly area that is about 1500 by 500 metres.

The anomaly pattern suggests that stratigraphic and structural controls are present and could represent a much larger mineralisation zone along the entire Banket conglomerate horizon than previously understood. 

Past understanding of the mineralisation at Anumso has called on a paleoplacer origin for the gold in association with quartz pebbles in the Banket conglomerate. Previous exploration, drill testing and resource estimation has been based on this genetic concept. While Ashanti agrees with this view for a significant part of the known mineralisation, it does not explain all exploration results. 

The new data suggests a structural component is also present and may be a significant control on gold mineralisation in a manner similar to the Damang deposit, owned by Gold Fields in the southern Ashanti Belt.

Quartz veining within artisanal pits and in material recovered from past drilling have long hinted that Anumso has structural controls.

The company is digging and sampling several trenches to assess the results of the soil sampling, which action will be followed by drill testing, anticipated to occur in the September quarter.

COO and chief geologist Paul Klipfel said: “This large, coherent area of anomalous gold opens the possibility for a much larger gold mineralisation target at Anumso.

"The known conglomerate horizon was already significant at a mapped length of 10 kilometres on the Anumso property. However, the potential of the gold mineralisation zone to be wider than the known conglomerate means the potential for significantly more tonnage of material is present.”

www.ashantigoldcorp.com