(MENAFN- ProactiveInvestors)
(ASX:AQI) has started exploration on southern extensions of the Gomes Trend at its Arakaka Gold Project in Guyana where over 5 kilometres of +100ppb soil anomalism extends from drilled mineralisation.
This includes multiple +1 gram per tonne gold results with peak values of 6g/t 2.84g/t and 1.65g/t gold.
Alicanto plans to commence a soil extension program and in-fill auger sampling program designed to refine and prioritise the extensive high tenor responses highlighted in the initial soil geochemistry survey.
The auger program will include 4 lines of 10m spaced drilling targeted to better define prospects for drilling with more discrete width of targets within the extensive soil anomalism and confirm in-situ mineralisation.
Arakaka is made up of a number of permits subject to underlying agreements that cover a total area of over 300 square kilometres within the Northern Guyana Shield.
Proactive Investors Australia is the market leader in producing news articles and research reports on ASX emerging companies with distribution in Australia UK North America and Hong Kong / China.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.