Two new prospects confirm high potential of Dablo Ultramafic-Mafic Intrusive Complex (DUMIC) for precious-metal rich magmatic sulphides

At the Dablo Project in NE Burkina Faso, reconnaissance RC drilling in March–April 2018 of targets within the Dablo Ultramafic-Matic Intrusive Complex (DUMIC) has resulted in the discovery of two new prospects, with significant multi-element intercepts returned from similar cumulate rocks to the Dablo North prospect.

At Tangaseiga, located 1.8 km SSW of Dablo North, a single discovery hole DBRC2018-13 returned multiple significant mineralised intersects; results which include:

  • 24 m @ 1.74 g/t Pd+Pt+Au, 0.37% Ni, 0.08% Cu from 8 m
    • including 12m@2.46g/tPd+Pt+Au,0.46%Ni,0.10%Cu from 12m
  • 6 m @ 2.50 g/t Pd+Pt+Au, 0.28% Ni, 0.11% Cu from 46 m
  • 5 m @ 1.33 g/t Pd+Pt+Au, 0.19% Ni, 0.08% Cu from 72 m; and
  • 5 m @ 2.70 g/t Pd+Pt+Au, 0.33% Ni, 0.13% Cu from 89

This result is significant as it delivered multiple mineralised intervals down the hole, confirming the potential for multiple zones of Pd-Pt-Au-Ni-Cu mineralisation along the 6 km of target zone identified so-far in the DUMIC. This zone is open in all directions and warrants additional drilling to determine the geometry and scale of the mineralisation. The magnetic target zone at Tangaseiga is around 500m in length.

At La Forge, located 3.5km southwest of Dablo North, discovery holes DBRC2018-09 and 10, drilled around 500m apart, returned the following significant mineralised intervals respectively:

  • 12 m @ 3.00 g/t Pd+Pt+Au, 0.50% Ni, 0.09% Cu from 66m; and
  • 8 m @ 0.67 g/t Pd+Pt+Au, 0.30% Ni from 154m;
    • including 2 m @ 1.88 g/t Pd+Pt+Au, 0.33% Ni, 0.13% Cu from 156m.

Hole DBRC2018-11 was drilled 300m west of DBRC2018-10, and returned no significant results. Company geologists now believe that this hole likely did not test the potentially mineralised horizon.

Results at Tangaseiga and La Forge confirm the potential for multiple zones of palladium-dominant Pd-Pt-Au-Ni-Cu magmatic sulphide mineralisation along the 6 km of target zone identified so-far within the DUMIC, within an anomalous interpreted and mostly untested trend of over 30 km length (the Dablo Corridor) inside the Dablo Project tenure.

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