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Strong drilling results from IronRidge Resources as they hunt down gold in Côte d’Ivoire

September 19, 2019
308

IronRidge Resources, perhaps best known for their lithium projects in Ghana, have strengthened their ‘multi-metal’ status by revealing high-grade aircore drilling results from their Bianouan gold license in Côte d’Ivoire.
The project borders Ghana and is along the same strike from significant operating gold mines including Chirano (5Moz), Bibiani (5.5Moz) and Ahafo (17Moz).

Drilling at Bianouan

IronRidge resources - Côte d’Ivoire project
Air-Core drilling cross-section (insert) at Bianouan license with AC fence drill locations in relation to auger anomaly over topography background image.

At Bianouan a total of 1,415m of AC drilling for 28 holes to an average of 50m depth was completed: Key results included:
o 12m @ 5.87g/t gold from 10m, including 2m @ 33.8g/t gold
o 8m @ 1.29g/t gold from 8m, including 2m @ 3.17g/t gold
o 1m @ 3.13g/t Au from 32m at end of hole
IronRidge’s COO, Len Kolff, stated that the company would be using these positive results to update their exploration plan for the remainder of 2019 and into 2020.

IronRidge resources - Côte d’Ivoire project
Company tenure portfolio with areas reported on highlighted.

Aeromagnetics and geochemical drill programme


IronRidge have been busy elsewhere across their portfolio. At Zaranou, in the south east of the country, their drone survey resumed and has generated high-resolution digital terrain model and imagery to assist in targeting and drill planning. This is a 396km2 liense wide aeromagnetic survey.

IronRidge resources - Côte d’Ivoire project
Still of Digital Terrain model over central Zaranou license area looking NE, showing due diligence assay results, primary mineralisation trends in hard-rock artisanal workings over 2.7km strike, extensive alluvial workings in drainage network 

Additionally, an in-house drone programme has captured 60km2 of the highest-priority central portion of the license area with high-resolution imagery, digital terrain model and point cloud. These regional data sets will be used for geological and structural interpretation, targeting and drill planning. IronRidge stated that the imagery obtained so far has highlighted over 2.7km strike length of sub-parallel coincident hard-rock artisanal mining sites which remain open in both directions and approximate primary gold mineralised structures.


At Vavoua, in the central-west section of the country, a 3,000 hole auger geochemical drilling programme has commenced over high-priority geophysical anomalies within the gold portfolio and along strike from the 1.73Moz (JORC compliant, third party owned) and growing Abujar resource. 90 holes have been completed to date.


At Kineta in the north-east, field teams are currently undertaking regional geochemical soil sampling along the western margin of the license area where rock chip sampling returned up to 53g/t gold from a new artisanal working site.


That’s a lot of data from these different projects, and we’re looking forward to hearing the results as they come in.

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Disclaimer
MiningIR hosts a variety of articles from a range of sources. Our content, while interesting, should not be considered as formal financial advice. Always seek professional guidance and consult a range of sources before investing.
James Hyland, MiningIR
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