The Drill Down: Best Gold Assays (August 16-23)

The latest data, identified using the Mining Intelligence platform, reveals a series of impressive gold assays from various exploration and production stages around the world.

This week’s drill down focuses on the top gold assay results from August 16-23, highlighting significant discoveries from Santana Minerals, West African Resources, and Sitka Gold. These results underscore the ongoing high-grade potential within the global gold exploration sector, showcasing promising prospects and potential growth areas in key mining jurisdictions.

Bendigo-Ophir

Leading this week’s results is Santana Minerals’ Bendigo-Ophir project in New Zealand, where drilling returned an outstanding intersection of 8.60 g/t gold over 41.60 meters from a depth of 164.40 meters. Bendigo-Ophir is quickly emerging as a flagship project for Santana Minerals, offering a combination of high-grade mineralization and significant width that positions it among the top exploration plays in New Zealand. The project is situated within a region known for its rich mining history, and recent drilling campaigns have been aimed at unlocking deeper and more extensive gold zones. This latest result not only highlights the project’s immediate potential but also suggests that Bendigo-Ophir could support a larger-scale mining operation. As Santana Minerals continues to define the resource, the project’s strategic value within the company’s portfolio is becoming increasingly clear.

Sanbrado

West African Resources continues to advance its Sanbrado project in Burkina Faso, which this week reported an assay of 7.27 g/t gold over 45.00 meters from a depth of 245.00 meters. Sanbrado is a cornerstone asset for the company, already contributing to significant gold production in the region. The project benefits from excellent infrastructure and a favorable mining jurisdiction, which has enabled West African Resources to fast-track development and ramp up production. The latest drilling results continue to expand the known high-grade zones, underscoring the deposit’s robustness. Moreover, these results are expected to positively impact the overall resource model, potentially leading to an increase in reserves and extending the mine’s life. Sanbrado’s success is a testament to West African Resources’ strong operational capabilities and strategic focus on high-margin projects.

RC

In Canada, Sitka Gold’s RC project delivered a significant assay result with 1.10 g/t gold over 290.50 meters from a depth of 236.00 meters. The RC project is part of Sitka Gold’s broader exploration strategy focused on identifying and developing large-scale, bulk-tonnage deposits in Canada’s Yukon region. This extensive intersection, covering nearly 300 meters, suggests that the RC project could host a substantial gold system with the potential for open-pit mining. The consistent grade over such a long interval is particularly encouraging, indicating strong mineral continuity that could translate into robust resource estimates. Sitka Gold has been steadily advancing the project, and this latest result adds to the growing evidence that the RC project could become a significant gold producer in the region. As exploration continues, the focus will be on further delineating the extent of the mineralization and assessing the economic viability of the deposit.

These top assay results from Santana Minerals, West African Resources, and Sitka Gold not only highlight the potential of their respective projects but also reflect broader trends and opportunities within the global gold exploration industry. Each of these projects is strategically positioned within its respective jurisdiction, with the potential to significantly contribute to the growth and development of the gold sector. As these companies continue to advance their projects, we can expect further exciting developments and contributions to the mining sector.

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Chris Berry

Vice-President Sales

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