TSX.V:

Savary Announces Results from The Phase 3 Drill Program

DRILLING DISCOVERS THREE NEW ZONES AND FURTHER EXTENDS KNOWN ZONES

Executive Summary:

  • Results from last part of Phase 3 drill program (109-holes, 6,747 metres) including the discovery of three new gold zones
  • Summary of work done since the maiden mineral resource estimate in Q4/2015
  • Next steps – Resource update targeted for end of Q3, 2017, new exploration plan

Toronto, Canada – August 21, 2017Savary Gold Corp. (TSX-V: SCA) (“Savary” or the “Company”) is pleased to announce the results from its 6,747 metre, phase 3, 109-hole drill program that commenced at the beginning of June on the Karankasso JV Project in south western Burkina Faso.

A summary of select results, in the order they were drilled, are presented below (see Figure 1 for locations).

Karangosso South

  • AC-17-029 – 2.58 g/t gold over 9 metres (new zone)
  • AC-17-036 – 4.83 g/t gold over 5 metres (new zone)

Serakoro 1 West Zone area

  • AC-17-064 - 2.78 g/t gold over 5 metres (new zone)
  • RC-17-093 – 1.00 g/t gold over 6 metres (in-fill)
  • RC-17-094 – 0.59 g/t gold over 12 metres (in-fill)
  • RC-17-097 – 2.14 g/t gold over 9 metres (50 metre down-dip step-out)

Serakoro 1 Main Area

  • RC-17-102 – 0.90 g/t gold over 18 metres (100 m step-out)
  • RC-17-102 – 2.27 g/t gold over 3 metres (100 m step-out)

Karangosso North

  • RC-17-125 – 2.10 g/t gold over 3 metres (new, 500 m step-out)

Central Auger Anomaly

  • AC-17-013 – 1.71 g/t gold over 8 metres (new zone)

Diosso South Zone

  • RC-17-110 – 2.02 g/t gold over 4 metres (in-fill)
  • RC-17-111 – 3.97 g/t gold over 3 metres (in-fill)
  • RC-17-113 – 4.08 g/t gold over 3 metres (in-fill)
  • RC-17-122 – 1.19 g/t gold over 12 metres (100 m step-out)
  • RC-17-122 – 14.50 g/t gold over 1 metre (100 m step-out)

WTN Zone

  • RC-17-120 – 2.40 g/t Au over 3 metres (in-fill)

Kueredougou West Zone

  • RC-17-126 – 1.70 g/t gold over 7 metres (new priority target)
  • RC-17-128 – 1.54 g/t gold over 8 metres (100 m step-out)

Don Dudek, President and CEO of Savary stated, “The phase 3 program was predominantly designed to evaluate new targets that were developed from the auger drilling program and previous drilling, with a lesser emphasis on the zones with current mineral resource estimates. As a result, we have further increased the scope of the project by making several new gold zone discoveries and continued to extend select existing zones, as highlighted below:

  • an exciting new, felsic intrusion-hosted discovery located one kilometre south of the Karangosso Zone and another, good grade intercept 500 metres to the north of the currently defined Karangosso deposit;
  • Extensions to the gold zones at Serakoro 1 West and the discovery of new gold mineralization;
  • Discovery of new gold mineralization along the Central Auger Anomaly;
  • A new parallel zone of gold mineralization to the west of the Kueredougou West Zone,
  • Further incremental extensions to the Diosso South and Kueredougou West Zones; and
  • An extension to a new area of gold mineralization at the south end of the Serakoro 1 Main area.

An updated resource estimate is in progress with an expected delivery date in the latter half of September. Once approved, follow-up drilling of these and other targets will commence as soon as approved by the JV Board and practical to do so.”

aug 21 figure1S
Figure 1 - Karankasso JV Project New Results Overview

Phase 3 of the program was completed in the beginning of July with 109 holes totalling 6,747 metres, drilled. These include 68 air core (AC) holes totalling 2,631 metres and 41 reverse circulation holes totalling 4,116 metres. Not all planned holes were drilled due to weather-related logistics. As well, only a minor amount of follow-up drill holes were completed due to atypically slow analytical turn around at the laboratory. A summary of significant results from these latest holes, predominantly using 0.5 g/t gold cut-off, are presented in Tables 2 and 3 at the end of this news release.

Project Advancements since Q4, 2015 Mineral Resource Estimate of In-pit Inferred Mineral Resources of 671,000 ounces* grading 2.28 g/t gold in six zones (Karangosso, Diosso South, West Trend, Kueredougou West, Kueredougou, Kien East) using a 0.5 g/t gold cut-off (see Savary News Release Oct. 8, 2015 and Figure 2, for zone locations).

Zone Summary Details or Next Steps
Karangosso zone ~75% increase in strike length from 850 metres to 1,250 metres. Extensions to the known zone and discovery of new zones along structural trend. • new mineralization discovered 1,000 metres to south and 500 metres to north • follow-up holes being planned
Diosso South Zone ~130% increase in strike length from ~860 metres to 2,000 metres • Still open along strike – more step-out holes required
West Trend Zone New area of gold mineralization with three parallel lenses discovered. Recent holes successfully tested up-dip continuity of mineralization • Currently 400 metres long and open along strike and to depth with more testing planned
Kueredougou West Zone ~55% increase in strike length from ~1,800 metres to 2,800 metres • Still open along strike – more step-out holes required
Serakoro 1 Main Zone ~3,500-metre long mineralized structure with 1.4 g/t gold to 5.17 g/t gold over 2 to eight metres wide • potential for higher grade zone to be tested with several more holes planned
Serakoro 1 West Zone Two open-ended trends of 1.3 km and 1.2 km long with best holes of 2.55 g/t gold over 17 metres and 2.14 g/t gold over 9 metres. New discovery on third trend of 2.78 g/t gold over 5 metres. • follow-up drilling required, more auger testing to south and between 400-metre spaced lines
Kien East Zone Multiple shallow-dipping lenses of mineralization open along strike and to depth, with unique type of disseminated gold mineralization. • 12 holes totalling 1,600 metres are being proposed
S-Nosa Zone expanding with two new intercepts of 13.05 g/t gold over 4 metres and 2.43 g/t gold over 7 metres. • Follow-up holes planned not completed yet
Central Auger Anomaly Potential for 2,000-metre long gold zone with numerous unexplained gold-in-auger anomalies • Best AC intercept of 1.65 g/t gold over 8 metres. Follow-up hole stopped in mineralization. More auger drilling to develop new targets warranted at the southern end of the corridor.

aug 21 figure2S
Figure 2 – Karankasso Gold Zone locations and select results

Karangosso Zone

Four AC holes, located approximately 1,000 metres south of the Karangosso deposit (see Figure 4), drilled to test gold-in-auger anomalies of up to 600 ppb gold, intersected in at least six, closely spaced (across 65 metres), parallel lenses of gold mineralization (see Figure 3). Highlights include the following intercepts:

  • 2.58 g/t gold over 9 metres in hole AC-17-029 from 20 metres
    • Includes 9.00 g/t gold over 2 metres
  • 0.74 g/t gold over 2 metres in hole AC-17-029 from 33 metres
  • 1.12 g/t gold over 4 metres in hole AC-17-038 from 14 metres
  • 4.83 g/t gold over 5 metres in hole AC-17-038 from 28 metres
    • Includes 9.94 g/t gold over 2 metres from 30 metres
  • 1.47 g/t gold over 6 metres in hole AC-17-039 from 14 metres
  • 1.59 g/t gold over 2 metres in hole AC-17-039 from 33 metres
  • 1.25 g/t gold over 5 metres in hole AC-17-40 from 14 metres
  • 1.26 g/t gold over 2 metres in hole AC-17-40 from 40 metres (hole stopped in mineralization)

All of these holes intersected a similar-looking, sericite- and pyrite-altered, quartz veined felsic intrusion, similar in appearance to the host of the nearby Karangosso Deposit. These holes were drilled in two groups, located 400 metres apart along a moderate strength geophysical IP resistivity anomaly, again similar to that related to the Karangosso Deposit. This anomalous trend, appears to extend to the south for at least another 600 metres where a partially drilled gold-in-auger anomaly returned a strongly an omalous interval grading 0.29 g/t gold over 6 metres. The geophysically anomalous zone extends off of the survey grid to the south. Follow-up RC drilling, auger drilling and geophysical surveys have been recommended to both follow-up on obvious good drill results and to extend this high priority target to the south.

 aug 21 figure3S
Figure 3 – Cross-section Karangosso South New Discovery

In addition to extending the Karangosso target area to the south, a single, 132-metre long RC hole was drilled 500 metres to the north, along the interpreted trend of the Karangosso mineralization. This hole successfully intersected, what is interpreted as the northern strike extension of the Karangosso Deposit control structure, returning an intercept of 2.10 g/t gold over 3 metres. This intercept is hosted by sheared, sericite- and fuchsite-altered and quartz veined intermediate volcanic with 1-5% disseminated pyrite. Mineralization and alteration continues to the end of the hole with the last sample containing a 0.26 g/t gold over 1 metre. Follow-up drill testing of this area is required.

aug 21 figure4S
Figure 4 – Karangosso Area Phase 3, 2017 Summary Drill Results

Serakoro 1 West

A significant portion of the phase 3 program was focussed on the Serakoro 1 West area with 27 AC holes totalling 1,127 metres and 9 RC holes totalling 1,098 metres completed (see Figure 5). This work successfully confirmed the presence of three main gold-bearing trends as well as other, less well defined to narrow parallel lenses of mineralization.

The eastern-most trend lies along a distinct geophysical IP resistivity anomaly, proximal to the interpreted sheared eastern contact of the host granitic intrusion and has returned intermittent higher-grade intervals including 18.72 g/t gold over 4 metres and 2.55 g/t gold over 17 metres. Holes from the phase 3 program returned intercepts to 1.06 g/t gold over 5 metres and 1.00 g/t gold over 5 metres along with wide, low grade intervals of up to 0.23 g/t gold over 26 metres. More drilling is required to determine if the higher-grade portions of this highly anomalous trend, have continuity.

The central gold-bearing trend is highlighted by a recent phase three hole that returned near true width intercept of 2.14 g/t gold over 9 metres, approximately 50 metres down-dip of an interval that had returned 1.85 g/t gold over 7 metres. As with the eastern mineralization trend, mineralization along this trend can be intermittently traced for approximately 3,500 metres with a best intercept of 6.42 g/t gold over 15 metres. More drilling is required to determine if the higher-grade portions of this highly anomalous trend, have continuity.

A third, western trend of gold mineralization, was intersected in the recent drill program with an intercept of 2.78 g/t gold over 5 metres. This hole lies 200 metres south of an intercept of 4.04 g/t gold over 2 metres and 600 metres north of an intercept of 9.53 g/t gold over 2 metres and 800 metres north of 1.19 g/t gold over 9 metres. It is uncertain if these intercepts lie along the same mineralized trend, as there is no linking geophysical feature; however, all of these intercepts lie approximately the same distance from the western edge of the Serakoro 1 concession.

A fourth, far east trend of gold mineralization may have been intersected in AC holes with an intercept of 0.64 g/t gold over 8 metres associated with additional wide, lower grade intercepts to 0.20 g/t gold over 12 metres.
Diosso South Zone

A highlight from the phase 3 program includes two intercepts from a 100-metre north extension of the zone with intercepts of 1.19 g/t gold over 12 metres and 14.50 g/t gold over 1 metre (see Figure 6). The remainder of the holes were designed to fill gaps within the interpreted mineralized trend and testing for parallel zones. In general, these holes accomplished their targeted goals set by management, who believe they will be supportive of a future mineral resource estimate update. A total of 14 holes comprising 1,202 metres, were drilled on or nearby the Diosso South Zone.

aug 21 figure5S
Figure 5 – Serakoro 1 West Area Phase 3, 2017 Summary Drill Results

aug 21 figure6S
Figure 6 – Diosso South Area Phase 3, 2017 Summary Drill Results

Kueredougou West Zone

Five holes totalling 496 metres, were drilled to test for strike extensions to the Kueredougou West Zone (see Figure 7). Highlights of this phase of the drill program include a 100-metre, north step out that returned 1.54 g/t gold over 8 metres from a wide, Diosso Zone-like, sericite-altered shear zone and an intercept of 1.76 g/t gold over 7 metres, located approximately 50 metres below an intercept of 2.96 g/t gold over 7 metres. Additional step out drill holes are now required to continue to trace the Kueredougou West Zone, northward to the Kueredougou Zone, a distance of approximately 900 metres.

One hole, which tested 26 metres below a Lens 5 RAB (rotary air blast) drill intercept of 1.45 g/t gold over 4 metres, returned an intercept of intercept of 1.70 g/t gold over 7 metres. Lens 5 has only been tested by three reconnaissance RAB holes, and now one RC hole, along a 940-metre strike and is located approximately 150 metres west of the Kueredougou West resource. Additional drilling in required in this poorly tested area.

Serakoro 1 Main

Three holes totalling 384 metres were drilled at the south end of the Serakoro 1 Main trend to follow-up on a hole that returned 14.66 g/t gold over 6 metres. One of the three follow-up holes, drilled 100 metres to the south of the above intercept intersected significant amounts of gold mineralization with intercepts of 0.90 g/t gold over 18 metres (including 1.76 g/t gold over 6 metres) and 2.18 g/t gold over 3 metres. All three holes, however, intersected two to four mineralized zones. Management believes, based on an initial review of the data, suggests that the geological units may be flat lying to shallow-east-dipping and as a result, the holes may not have adequately followed up on the early high-grade intercept. Additional holes will be required to continue the evaluation of this new target area.

One additional hole, totalling 140 metres, was drilled to test 200 metres south of an intercept of 2.04 g/t gold over 5 metres and 50 metres down-dip of 0.74 g/t gold over 7 metres. The goal was to determine if there is potential for a higher-grade gold zone along a specific portion of the Serakoro 1 Main area. This hole intersected two lower grade zones which returned 0.66 g/t gold over 6 metres and 0.77 g/t gold over 2 metres. Two additional holes had been planned, but due to weather conditions, the holes were cancelled for this program. These holes will likely be completed during the next drill program.

Central Auger Anomaly

The Central Auger Anomaly is a 3+ kilometre long area of anomalous gold-in-auger samples that lies along a previously untested portion of the 46-kilometer long, central, gold-in-soil trend. During the phase three program this area was tested by 23 AC holes totalling 931 metres and one RC hole totalling 102 metres (see Figure 8). The best auger hole returned 1.71 g/t gold over 8 metres and several other significant intercepts of 1.20 g/t gold over 4 metres, 1.08 g/t gold over 3 metres and 0.90 g/t gold over 4 metres, were returned. An RC hole drilled below the best AC intercept, intersected a wide sericite-pyrite altered shear zone and was unfortunately stopped in an altered zone which returned 1.00 g/t gold over 1 metre, the best intercept in the hole.

Most of the AC holes intersected gold zones that contained enough gold mineralization to explain the gold-in-auger values. However, several very anomalous gold-in-auger values to 2,210 ppb gold, remain unexplained. It is possible that the anomalous auger samples were offset from their source areas or were not tested by the AC holes. Additional AC holes are warranted to complete the evaluation of this area.

S-Nosa Zone

Two shallow holes, totalling 124 metres were drilled to test for up-dip extensions of intercepts of 13.05 g/t gold over 4 metres and 2.43 g/t gold over 7 metres. Only weak mineralization was intersected in these holes, suggesting that the mineralization does not come to surface. One planned hole to trace the zone south along strike was not drilled.

QA/QC Comments

Savary’s procedure for handling reverse circulation drill chips comprises initial riffle splitting of the rock chips from one metre drill length samples into approximately 2.5-kilogram samples, as well as description and logging into a database. A duplicate 2.5-kilogram sample, prepared at the same time as the assay sample, is kept as a reference for each sample. NQ-size core assay samples are first logged into a database and then are sawn in half with half of the core submitted for analysis; the length of the core samples depends on logged geological controls with samples varying from 0.3 metres to 2.0 metres in length. A sample duplicate and assay blank was inserted sequentially every 5 to 14 samples and an assay standard was inserted every 29 to 34 samples. This results in 8% of the assayed samples being reference/blank/control samples. Blanks and duplicates were preferentially inserted in visually mineralized zones to better test the assay results. This sampling procedure was periodically reviewed by Savary’s President and CEO, and the Company QP, Don Dudek, P. Geo. All assay samples were collected at site by staff from SGS Burkina Faso SA (‘SGS’) from Ouagadougou, Burkina Faso where sample preparation and analysis were performed. Each sample was dried, crushed to 75% passing 2 mm and then split to 1.5 kg by rotary splitter. This split was pulverized to 85% passing 75 m. Fifty grams of the pulverized material was analysed for gold via fire assay with an atomic absorption spectroscopy (AAS) finish. SGS operates according to ISO 17025 standards and institutes a full Quality Assurance/Quality Control (QA/QC) program consisting of insertion of internal blanks, standard reference material, repeats and reject splits which in total account for up to 25% of all determinations conducted. All standards and blank control samples returned results within expected ranges.

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Figure 7 – Kueredougou West Phase 3 2017 Summary Drill Results

aug 21 figure8S
Figure 8 - Central Auger Anomaly Phase 3 2017 Summary Drill Results

About Savary Gold Corp.

Savary is a Canadian exploration company which, along with JV partner Sarama Resources Limited, is focused on exploring and developing the Karankasso Gold Project in Burkina Faso. Upon closing, it is anticipated that the Karankasso JV Project will be approximately 69.5% owned by Savary and 30.5% owned by Sarama Resources Limited (“Sarama”) with Savary as operator. The Project is located within the Birimian age, Houndé Greenstone Belt, which hosts Semafo’s Mana mine, Roxgold’s Yaramoko Mine and additional gold deposits that are presently subject to production decisions and extensive exploration efforts (including Endeavour Mining’s Houndé Project, Orezone’s (acquired by Sarama) Bondi Project and Sarama’s/Acacia’s South Houndé Project, which is adjacent to Savary’s property). The Project contains an Inferred open pit constrained mineral resource estimate of 9.16 million tonnes grading 2.28 g/t gold (Savary news release November 24, 2015). For additional information please visit our website at www.savarygold.com.

* Open pit constrained Mineral resource estimate presented in Savary news release dated October 8, 2015

Don Dudek, P.Geo., President and CEO of the Company and a qualified person under National Instrument 43-101, has reviewed and approved the scientific and technical information in this press release.

SAVARY GOLD CORP.
On behalf of the Board
“Don Dudek”
President & Chief Executive Officer

For more information, please contact:
Don Dudek, President and CEO
T: 647-259-2097
E: info@savarygold.com; www.savarygold.com

Cautionary Notes

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements. These statements include statements regarding the details of the potential value growth of the JV, the upside of the property, the drill program, the company’s exploration plans and the timing of results, the focus on existing drill targets and new targets. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

 Table 2 – Summary of Significant Phase 3 AC Intercepts

Hole
From
To
Width*
 Au g/t
Zone/Trend
HE-AC-17-001
12
13
1
0.60
K West lens 6
HE-AC-17-002
21
24
3
1.08
Central Auger Anomaly
HE-AC-17-003
26
30
4
1.20
Central Auger Anomaly
HE-AC-17-004
No significant values
 
Central Auger Anomaly
HE-AC-17-005
17
21
4
0.90
Central Auger Anomaly
HE-AC-17-005
28
29
1
0.69
Central Auger Anomaly
HE-AC-17-006
9
12
3
0.67
Central Auger Anomaly
HE-AC-17-007
No significant values
 
Central Auger Anomaly
HE-AC-17-008
No significant values
 
Central Auger Anomaly
HE-AC-17-009
No significant values
 
Central Auger Anomaly
HE-AC-17-010
No significant values
 
Central Auger Anomaly
HE-AC-17-011
15
17
2
0.45
Central Auger Anomaly
HE-AC-17-012
33
34
1
0.49
Central Auger Anomaly
HE-AC-17-013
5
13
8
1.71
Central Auger Anomaly
including
10
13
3
2.87
Central Auger Anomaly
HE-AC-17-014
2
3
1
1.07
Central Auger Anomaly
HE-AC-17-014
24
25
1
0.47
Central Auger Anomaly
HE-AC-17-015
2
4
2
1.23
Central Auger Anomaly
HE-AC-17-015
6
7
1
0.5
Central Auger Anomaly
HE-AC-17-016
No significant values
 
Central Auger Anomaly
HE-AC-17-017
No significant values
 
Central Auger Anomaly
HE-AC-17-018
No significant values
 
Central Auger Anomaly
HE-AC-17-019
No significant values
 
Central Auger Anomaly
HE-AC-17-020
10
11
1
0.58
Central Auger Anomaly
HE-AC-17-020
13
14
1
1.39
Central Auger Anomaly
HE-AC-17-020
41
42
1
0.94
Central Auger Anomaly
HE-AC-17-021
28
29
1
0.50
Central Auger Anomaly
HE-AC-17-022
No significant values
 
Central Auger Anomaly
HE-AC-17-023
No significant values
 
Central Auger Anomaly
HE-AC-17-024
34
37
3
0.40
Central Auger Anomaly
HE-AC-17-025
No significant values
 
Sera West N
HE-AC-17-026
No significant values
 
Sera West N
HE-AC-17-027
15
16
1
0.89
Sera West N
HE-AC-17-027
30
31
1
1.46
Sera West N
HE-AC-17-028
26
32
6
0.29
Karangosso South
HE-AC-17-029
20
29
9
2.58
Karangosso South
including
26
28
2
9.00
Karangosso South
HE-AC-17-029
33
35
2
0.74
Karangosso South
HE-AC-17-030
16
17
1
0.51
Karangosso South
HE-AC-17-031
No significant values
 
Karangosso South
HE-AC-17-032
No significant values
 
Karangosso South
HE-AC-17-033
No significant values
 
Karangosso South
HE-AC-17-034
No significant values
 
Karangosso South
HE-AC-17-035
No significant values
 
Karangosso South
HE-AC-17-036
No significant values
 
Karangosso South
HE-AC-17-037
No significant values
 
Karangosso South
HE-AC-17-038
14
24
10
0.61
Karangosso South
including
15
19
4
1.12
Karangosso South
HE-AC-17-038
28
33
5
4.83
Karangosso South
including
30
32
2
9.94
Karangosso South
HE-AC-17-039
14
37
23
0.67
Karangosso South
including
14
20
6
1.47
Karangosso South
including
15
18
3
2.56
Karangosso South
including
17
18
1
5.86
Karangosso South
and
25
26
1
0.53
Karangosso South
and
30
31
1
0.68
Karangosso South
and
33
35
2
1.59
Karangosso South
HE-AC-17-040
14
19
5
1.25
Karangosso South
HE-AC-17-040
40
42
2
1.26
Karangosso South
HE-AC-17-041
No significant values
 
Karangosso South
HE-AC-17-042
13
14
1
1.86
Sera West South
HE-AC-17-042
19
20
1
1.07
Sera West South
HE-AC-17-043
20
41
21
0.42
Sera West South
including
20
26
6
0.98
Sera West South
HE-AC-17-044
0
1
1
0.44
Sera West South
HE-AC-17-044
11
20
9
1.19
 Sera West South
HE-AC-17-044
33
34
1
1.10
Sera West South
HE-AC-17-045
21
22
1
0.58
Sera West South
HE-AC-17-046
No significant values
 
Sera West South
HE-AC-17-047
No significant values
 
Sera West South
HE-AC-17-048
2
3
1
0.58
Sera West South
HE-AC-17-048
30
32
2
0.90
Sera West South
HE-AC-17-049
4
16
12
0.37
Sera West South
including
7
8
1
0.99
Sera West South
including
11
14
3
0.82
Sera West South
HE-AC-17-050
No significant values
 
Sera West South
HE-AC-17-051
21
33
12
0.10
Sera West South
HE-AC-17-052
29
42
13
0.18
Sera West South
HE-AC-17-053
31
38
7
0.79
Sera West South
including
35
38
3
1.51
Sera West South
HE-AC-17-054
14
17
3
0.20
Sera West South
HE-AC-17-055
30
42
12
0.20
Sera West South
including
40
42
2
0.57
Sera West South
HE-AC-17-056
15
22
7
0.42
Sera West South
including
15
17
2
0.85
Sera West South
HE-AC-17-057
No significant values
 
Sera West South
HE-AC-17-058
14
42
28
0.30
Sera West South
including
21
23
2
0.70
Sera West South
including
30
33
3
0.53
Sera West South
including
40
41
1
0.56
Sera West South
HE-AC-17-059
9
20
11
0.33
Sera West South
including
13
15
2
0.52
Sera West South
HE-AC-17-059
27
28
1
0.50
Sera West South
HE-AC-17-060
No significant values
 
Sera West South
HE-AC-17-061
4
23
19
0.24
Sera West South
including
20
21
1
0.65
Sera West South
HE-AC-17-061
37
38
1
0.71
Sera West South
HE-AC-17-062
0
17
17
0.12
Sera West South
HE-AC-17-063
No significant values
 
Sera West South
HE-AC-17-064
8
9
1
0.45
Sera West South
HE-AC-17-064
14
15
1
0.75
Sera West South
HE-AC-17-064
21
23
2
1.24
Sera West South
HE-AC-17-064
28
33
5
2.78
Sera West South
including
28
30
2
4.25
Sera West South
HE-AC-17-065
10
11
1
0.56
Sera West South
HE-AC-17-066
12
14
2
0.52
Sera West South
HE-AC-17-067
No significant values
 
Sera West South
HE-AC-17-068
16
22
6
0.43
Sera West South
including
16
18
2
0.80
Sera West South

* True widths vary from 70 to 95%

Table 3 – Summary of Significant Phase 3 RC Intercepts

Hole From To Width*  Au g/t Zone/Trend
HE-RC-17-093 10 12 2 2.07 Sera West South
HE-RC-17-093 54 60 6 1.00 Sera West South
HE-RC-17-093 65 66 1 1.66 Sera West South
HE-RC-17-093 74 75 1 0.50 Sera West South
HE-RC-17-093 86 87 1 0.58 Sera West South
HE-RC-17-093 99 100 1 1.05 Sera West South
HE-RC-17-093 108 109 1 0.50 Sera West South
HE-RC-17-093 120 123 3 1.21 Sera West South
HE-RC-17-094 37 49 12 0.59 Sera West South
HE-RC-17-094 52 53 1 0.68 Sera West South
HE-RC-17-094 82 88 6 0.41 Sera West South
including 82 83 1 1.00 Sera West South
HE-RC-17-095 10 11 1 0.63 Sera West South
HE-RC-17-095 74 79 5 1.06 Sera West South
HE-RC-17-095 84 85 1 1.89 Sera West South
HE-RC-17-095 90 97 7 0.42 Sera West South
including 90 91 1 1.00 Sera West South
HE-RC-17-015 22 23 1 0.87 Serakoro West
HE-RC-17-015 27 31 4 1.10 Serakoro West
HE-RC-17-015 42 43 1 1.51 Serakoro West
HE-RC-17-015 63 80 17 0.28 Sera West South
HE-RC-17-096 46 54 8 0.43 Sera West South
HE-RC-17-096 78 88 10 0.35 Sera West South
HE-RC-17-096 110 112 2 0.55 Sera West South
HE-RC-17-096 133 134 1 0.64 Sera West South
HE-RC-17-097 69 78 9 2.14 Sera West South
including 69 70 1 14.65 Sera West South
HE-RC-17-098 18 22 4 0.54 Sera West South
HE-RC-17-098 64 80 16 0.28 Sera West South
HE-RC-17-098 84 85 1 0.71 Sera West South
HE-RC-17-099 12 16 4 0.86 Sera West South
HE-RC-17-100 21 47 26 0.23 Sera West South
including 33 34 1 0.73 Sera West South
including 38 40 2 0.66 Sera West South
HE-RC-17-101 19 20 1 0.55 Serakoro Main
HE-RC-17-101 30 32 2 1.17 Serakoro Main
HE-RC-17-101 40 42 2 1.23 Serakoro Main
HE-RC-17-101 83 84 1 0.81 Serakoro Main
HE-RC-17-101 86 87 1 0.86 Serakoro Main
HE-RC-17-101 95 97 2 1.92 Serakoro Main
HE-RC-17-102 9 10 1 0.79 Serakoro Main
HE-RC-17-102 18 36 18 0.90 Serakoro Main
including 30 36 6 1.76 Serakoro Main
HE-RC-17-102 44 47 3 2.27 Serakoro Main
HE-RC-17-102 53 57 4 0.89 Serakoro Main
HE-RC-17-103 85 88 3 0.67 Serakoro Main
HE-RC-17-103 103 104 1 1.43 Serakoro Main
HE-RC-17-104 69 75 6 0.71 Serakoro Main
including 69 71 1 1.47 Serakoro Main
HE-RC-17-104 95 96 1 1.15 Serakoro Main
HE-RC-17-105 31 35 4 0.58 Diosso South
HE-RC-17-105 38 40 2 1.78 Diosso South
HE-RC-17-105 43 45 2 0.83 Diosso South
HE-RC-17-105 66 68 2 0.49 Diosso South
HE-RC-17-106 26 28 2 0.62 Diosso South
HE-RC-17-106 40 41 1 0.80 Diosso South
HE-RC-17-107 20 22 2 1.10 Diosso South
HE-RC-17-107 132 134 2 0.75 Diosso South
HE-RC-17-107 165 167 2 1.88 Diosso South
HE-RC-17-107 193 196 3 0.93 Diosso South
HE-RC-17-108 16 18 2 0.82 Diosso South
HE-RC-17-109 7 8 1 0.76 Diosso South
HE-RC-17-110 14 19 5 0.99 Diosso South
HE-RC-17-110 25 29 4 0.52 Diosso South
HE-RC-17-110 35 36 1 0.55 Diosso South
HE-RC-17-110 42 46 4 2.02 Diosso South
including 42 43 1 6.11 Diosso South
HE-RC-17-111 43 46 3 3.97 Diosso South
HE-RC-17-112 55 56 1 0.54 Diosso South
HE-RC-17-112 130 135 5 0.58 Diosso South
HE-RC-17-113 28 31 3 4.08 Diosso South
including 28 29 1 9.47 Diosso South
HE-RC-17-114       NSV Diosso South
HE-RC-17-115 12 14 2 1.06 Diosso South
HE-RC-17-115 29 30 1 0.59 Diosso South
HE-RC-17-116       NSV Diosso South
HE-RC-17-117 5 6 1 1.02 Diosso South
HE-RC-17-117 38 39 1 0.53 Diosso South
HE-RC-17-117 82 84 2 2.41 Diosso South
HE-RC-17-118 9 11 2 2.63 WTN
HE-RC-17-118 70 71 1 1.09 WTN
HE-RC-17-119       NSV WTN
HE-RC-17-120 27 30 3 2.40 WTN
HE-RC-17-121 0 1 1 2.02 WTN
HE-RC-17-121 49 51 2 0.54 WTN
HE-RC-17-121 64 65 1 0.61 WTN
HE-RC-17-121 93 94 1 0.65 WTN
HE-RC-17-122 14 26 12 1.24 Diosso South
incl. 15 18 3 2.36 Diosso South
HE-RC-17-122 71 72 1 0.68 Diosso South
HE-RC-17-122 79 80 1 15.05 Diosso South
HE-RC-17-123 109 110 1 1.49 Kueredougou West
HE-RC-17-124 74 75 1 1.14 Central Auger Anom
HE-RC-17-124 97 98 1 0.65 Central Auger Anom
HE-RC-17-124 101 102 1 1.00 Central Auger Anom
HE-RC-17-125 118 121 3 2.10 Karangosso
HE-RC-17-125 127 128 1 0.55 Karangosso
HE-RC-17-126 27 37 7 1.70 Kueredougou West
HE-RC-17-127 65 70 5 0.90 Kueredougou West
HE-RC-17-127 77 78 1 0.59 Kueredougou West
HE-RC-17-127 80 82 2 1.43 Kueredougou West
HE-RC-17-127 113 114 1 0.85 Kueredougou West
HE-RC-17-128 22 30 8 1.54 Kueredougou West
HE-RC-17-128 48 49 1 1.02 Kueredougou West
HE-RC-17-128 51 52 1 0.64 Kueredougou West
HE-RC-17-129 64 66 2 0.73 Kueredougou West
HE-RC-17-129 71 73 2 1.09 Kueredougou West
HE-RC-17-129 100 101 1 0.84 Kueredougou West
HE-RC-17-129 104 106 2 0.49 Kueredougou West
HE-RC-17-130 8 9 1 0.55 Kueredougou Main
HE-RC-17-130 74 75 1 0.63 Kueredougou Main
HE-RC-17-130 78 79 1 1.41 Kueredougou Main
HE-RC-17-130 87 88 1 1.22 Kueredougou Main
HE-RC-17-131 59 60 1 0.54 South Nosa
HE-RC-17-132       NSV South Nosa

* true widths are estimated at 65% to 100% of drilled widths