Shanta announces drill results from West Kenya project
Shanta Gold has released drilling results from Isulu deposit in the West Kenya project. The firm reported high grade results from the project.
The results are from an infill drilling programme aimed at converting inferred resources to the more certain indicated category. Visible gold was identified in six intersections from seven holes drilled at the deposit.
Isulu deposit
“We have encountered bonanza-grade gold intercepts at Isulu including grades of 721 g/t [grammes a tonne], 210 g/t, 172 g/t, and 93 g/t which are within 100-200 metres vertical distance of surface, in 4 different intersections across the 7 drilled holes. Intersections of that quality, of which we have consistently seen throughout our drilling campaign at West Kenya, is not something that is often seen in the portfolio of a junior miner like Shanta, or indeed any other global gold exploration projects,” said chief executive Eric Zurrin.
“We are extremely excited as a team for what the West Kenya project can deliver to the Shanta portfolio, and with work underway on the updated Mineral Resource Estimate, shareholders can expect a further positive update in the coming months where we expect to see a significant conversion of the inferred resources to indicated ounces,” he added.
Visible gold has now been identified in 67 intersections across 165 holes drilled at Isulu, Bushiangala and Kimingini (Liranda corridor) since January 2021. Assay results for the three remaining holes at Isulu are pending.
