PR Newswire
TORONTO, Dec. 5, 2016
Results Include 31.7 Metres Grading 23.8 Grams Per Tonne of Gold
TORONTO, Dec. 5, 2016 /PRNewswire/ - Golden Star Resources Ltd. (NYSE MKT: GSS; TSX: GSC; GSE: GSR) ("Golden Star" or the "Company") is pleased to report significant results from the drilling program at its Wassa Underground Gold Mine ("Wassa Underground") in Ghana.
The in-fill drilling program targeted the high grade B Shoot zone of Wassa Underground, focusing on the areas that are expected to be mined with transverse stoping (the "2016 B Shoot transverse stope drilling program").
HIGHLIGHTS:
Sam Coetzer, President and Chief Executive Officer of Golden Star, commented:
"These drilling results continue to confirm the wide zones of high grade gold mineralization in the B Shoot zone. 89% of Wassa Underground's Mineral Reserves are planned to be mined via transverse stoping and we expect to access the first transverse stope in the third quarter of 2017. Importantly, the deposit remains open down plunge so we believe there is also significant exploration upside potential. I look forward to announcing further drilling results during the remainder of 2016 and providing an update on our exploration strategy during the first quarter of 2017."
Drilling Results
During the second half of 2016 Golden Star commenced a 6,800 metre in-fill drilling program to further delineate the first planned transverse stoping areas of the B Shoot zone. The results of the first nine DD holes of this program (2,980 metres) have been received and they confirm the wide zones of high grade gold mineralization in this area.
The full set of results is listed in Appendix A and includes several compelling intercepts, as set out below.
Significant intercepts
HOLE ID | Azimuth (°) | Dip (°) | From (m) | To (m) | Drilled Width (m) | ~ True Width (m) | Grade Au (g/t) |
BS16DD002 | 88.5 | -66.2 | 57.0 | 65.0 | 8.0 | 7.8 | 13.9 |
BS16DD003 | 85.8 | -62.8 | 179.5 | 184.5 | 5.0 | 5.0 | 15.0 |
BS16DD004 | 85.5 | -77.7 | 322.6 | 341.3 | 18.7 | 17.3 | 4.3 |
| | Including | 333.0 | 341.3 | 8.3 | 7.7 | 8.3 |
BS16DD005A | 82.0 | -78.8 | 238.0 | 248.5 | 10.5 | 9.6 | 3.6 |
BS16DD007 | 359.0 | -87.1 | 230.0 | 248.0 | 18.0 | 15.2 | 3.2 |
BS16DD008 | 75.0 | -78.1 | 278.0 | 304.0 | 26.0 | 23.9 | 3.5 |
| | Including | 286.0 | 295.0 | 9.0 | 8.3 | 5.3 |
BS16DD009 | 77.9 | -83.1 | 275.6 | 280.8 | 5.2 | 4.6 | 1.9 |
BS16DD009 | 68.8 | -83.1 | 296.8 | 328.5 | 31.7 | 28.0 | 23.8 |
| | Including | 296.8 | 302.8 | 6.0 Werbung Mehr Nachrichten zur Golden Star Resources Aktie kostenlos abonnieren
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