Saw this morning too that Keegan Resources hit some good numbers in Ghana. The interesting thing is, the assays were drilled at the Esaase gold property. Of course the connection here is that Midlands is working around the Esaase open pit deposit - so these results could be VERY RELEVANT. I'm actually going to make this a question for Agoracom, to see whether we're dealing with the same Esaase property.
Keegan Hits Excellent Gold Grades on Stepout Holes at Esaase Gold Property
Wednesday May 28, 7:00 am ET
VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--May 28, 2008 -- Keegan Resources Inc. ("Keegan") (CDNX:
KGN.V -
News)(AMEX:
KGN -
News) is pleased to announce the results of six new stepout drill holes drilled 260-380 meters north of the Main Zone, which hosts Keegan's current 43-101 compliant resource. Highlights include 24 meters of 2.64 g/t Au, 22 meters of 2.63 g/t Au and 56 meters of 1.22 g/t Au. These are the first tightly spaced wide bore holes placed along the north extension of the A fault. Holes 338-341 intercepted mineralization at relatively shallow depths (34-117 meters hole depth). Conversely, drill holes 315 and 316 encountered mineralization between 296 to 518 meters hole depth, suggesting hundreds of meters of down dip resource potential. Keegan plans to continue to aggressively test this structure along strike and down dip in the near future. Please see
www.keeganresources.com for a drill hole location map.
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