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Message: Teranga VP Kathy Sipos on Senegal gold assays of 3 g/t over 85m

Teranga VP Kathy Sipos on Senegal gold assays of 3 g/t over 85m

Teranga Gold Corporation TSX:TGZ announced results from the Mine License area of the Sabodala Gold Mine in Senegal, West Africa. Assays include

3 g/t gold over 85 metres (including 6.5 g/t over 19 metres)
2.4 g/t over 10 metres
7.2 g/t over 11 metres
1.8 g/t over 15 metres
1.3 g/t over 99 metres
4.2 g/t over 11 metres
1.4 g/t over 29 metres
14.7 g/t over 6 metres
1.8 g/t over 43 metres (including 5.3 g/t over 6 metres)
2.5 g/t over 19 metres (including 6.1 g/t over 4 metres)

VP Investor Relations Kathy Sipos tells ResourceClips.com, “We have two distinct exploration programs, one being on our Regional Land Package—which is just over 1,500 square kilometres—the other on our Mine License, which is the 33-square-kilometre package around our mill. We’re spending $20 million on each program. All of those are permitted ounces on the Mine License, so it’s obviously advantageous to us when we do have good holes there because it’s all truckable to the mill; there’s no permitting required, etc. We’ve done a lot of drilling to the north of the current Sabodala pit, and we’re getting very good results that make it quite likely that we will be extending the current pit both to the north and to depth. We see adding potentially 250,000 to 500,000 ounces in this area as well as below this area.

Read the rest of this interview.

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