Australian gold producer Tribune Resources Limited (ASX: TBR) provides an update on exploration activities at the Adiembra deposit, part of the company’s 100%-owned Japa Gold Project in Ghana.
Tribune is preparing an extension of resource infill and extension drilling at Adiembra, commencing around May, to build on the results of the Phase 2 drilling campaign that was completed late last year.
The company’s successful exploration at Adiembra to date has identified a large 1400 metre by 700 metre mineral system comprising two principal lodes – Adiembra West and Adiembra Central – and remaining open along strike and at depth. This latest extension drilling campaign at Adiembra will comprise approximately 3,000 metres of diamond and 4,000 metres of reverse circulation (RC) drilling and take up to three months to complete.
With the reopening of Western Australia’s borders, Tribune will be able to travel to Ghana to be part of the on-the-ground technical team and supervise drilling activities for the first time since the start of 2020.
As a result of this additional drilling, Tribune has postponed the preparation of an updated mineral resource estimate for Adiembra until the December 2022 Quarter.
Since Tribune announced a maiden open pit mineral resource for Adiembra of 20.99 million tonnes at 2.7 g/t Au for 1.81 million ounces in August 2020, the company’s efforts have focused on additional resource definition and extension drilling. The Phase 2 campaign of approximately 55,000 metres of combined diamond and RC drilling was completed in the September 2021 Quarter and results, including assays, have been progressively analysed since then. Although the Phase 2 campaign completed the holes as planned, a lack of on-ground company supervision resulted in the overall drilling program not sufficiently targeting the full extent of mineralisation at Adiembra.
The extension of drilling at Adiembra will target the reworking of some of the holes completed in Phase 2 as well as focus on additional infill drilling.
“I am disappointed that we have had to postpone the preparation of an updated Mineral Resource Estimate for Adiembra but it is the right decision to take,” Tribune managing director Anton Billis said.
“While the Phase 2 campaign delivered encouraging results that highlighted the extensive gold mineralisation at Adiembra as well as confirming that the mineralisation remains open along strike and at depth, more drilling with on-the-ground input from Tribune’s technical team is required before we can accurately update the mineral resource estimate.
“Tribune’s confidence in Adiembra’s potential remains high and I look forward to what the team can deliver once this extended drilling campaign has been completed.”
