Vancouver, B.C. (8 February 2024) – DFR Gold Inc. (TSX-V:DFR) (“DFR” or the “Company”) is pleased to announce, with its joint venture partner Panthera Resources plc (“Panthera”), further laboratory results for samples from the 2023 drilling programme at the Kalaka Project in Mali for which initial results had been reported on 9 October 2023.
Highlights
- Leachwell bottle roll analysis of 23 samples from the 2023 Reverse Circulation (RC) drilling programme on the K1A mineralisation target at the Kalaka Project confirm the fire assay2 results
- The samples were from holes three holes, KRC_23_005, KRC_23_006 and KRC_23_007, holes where the previously delineated mineralised intersections included:
- 76 metres at 0.53 g/t Au (includes 10 metres at 1.16 g/t Au) in hole KRC_23_005
- 34 metres at 0.50 g/t Au in hole KRC_23_006
- 85 metres at 0.52 g/t Au (includes 12 metres at 1.62g/t Au to end of the hole) in hole KRC_23_007
- The bottle roll tests provide a preliminary indication of excellent leachability by conventional processing. Oxide recoveries averaged 87% recovery and unoxidized sulphide bearing samples averaged 89% recovery.
- Results are an essential milestone to advance the K1A target area as a potential bulk volume, low grade gold development project.
CEO John McGloin commenting on the results said: “The fire assay results reported for the Kalaka drilling in October verified and validated the very significant wide mineralised intersections recorded in the historical drilling at the K1A target. These new positive bottle roll test results are a further step towards demonstrating the potential positive economics of the property.”