Tribune Resources (ASX: TBR) has delivered the Maiden Resource for its Adiembra gold prospect in Ghana which demonstrates the potential for a large open pit mining operation.
HIGHLIGHTS:
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Indicated and Inferred Resource Estimate for the Adiembra deposit – 21 Million tonnes grading 2.7g/t for 1.81 Million ounces of gold.
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Two lodes – Adiembra Central and Adiembra West -defined within the current system – 1400m in length, up to 700m wide to a maximum depth of 270m below surface.
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Both lodes remain open along strike and at depth.
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The Adiembra Resource together with extremely encouraging results from recent diamond drilling of the 3km long Japa-Dadieso Trend further demonstrates the outstanding potential for the Japa project to become a significant, long life gold production centre.
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Resource is contained within a granted Mining Lease.
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Planning for further drilling in 2020 to upgrade and expand the Adiembra Resource is underway.
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Other areas of the property remain highly prospective with little or no exploration work done to date.
Commenting on the outcome of the Resource estimate, Tribune Managing Director Mr Anton Billis said: “A maiden gold resource in excess of 21 million tonnes at 2.7 grams per tonne is outstanding and reinforces our confidence that the Japa Project could be a major long-life gold production centre in Ghana.
“We are already well advanced in planning the next drilling campaign aimed at expanding and upgrading the Adiembra Resource, with drilling expected to commence in the next few months”
