Anglo-Asian Mining said it had discovered a high-grade gold zone just north of its flagship Gedabek mine in
The group’s 3,000-metre drilling programme revealed additional gold interceptions including six-metres of seven grams per ton (g/t) from
Two additional drill holes are planned for the next month to further test the gold mineralization of the recently discovered gold trend at Gedabek.
‘Validation of this mineral discovery immediately north of the current open pit working at Gedabek supports the theory that Gedabek is part of a much larger mineralisation system,’ said Reza Vaziri, the Chief Executive Officer.
‘While the full extent of this discovery is unknown, an aggressive exploration programme in 2014 will determine how much additional resource will be available to extend the mine life at Gedabek.’
Shares rose by 5.11% to 23.12p at 16:06 on Wednesday.
(APA)
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