Canadian mining company Komet Resources has made a gold discovery 4km from Guiro mine in Burkina Faso, West Africa.

Following the exploration, the company’s geologists confirmed that the three 40m-deep gold diggers’ shafts nearly 4km north-east of the mine revealed a quartz vein with a true width of 1.5m, oriented east-west, with a northward dip of 60°.

The vein exhibits similar mineralogical composition and host rock limonitic alteration from weathering as the Guiro mine vein.

Sampling was carried out from the grab samples brought to surface by the gold diggers.

The grab samples results that varied between 47.0g/t Au and 9.89g/t Au are indicative and do not represent the grade of the gold structure.

“Exploration activities will be intensified in the next few weeks.”

Komet Resources president and CEO André Gagné said: “After a discovery south to the Guiro vein, we now have a new vein to the north, which is also similar to the Guiro vein.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“The exploration activities will hence be intensified in the next few weeks; it appears that the historical exploration data is getting confirmed.”

During development of the mine’s western sector within the last year, the level three west gallery intercepted the junction where the 210/80 oriented shear cuts the Guiro vein (270/60).

Though the Guiro vein is hardly perceptible, the operators found the presence of thin centimetric quartz veins with gold mineralisation, grading up to 120g/t over 1.2m obtained from jackleg drill holes.

The chimney where the current development of level three is taking place is 25m west and has already been intercepted by the Gu2015dd04, 06, 32 and 35 diamond drill holes that have metric grades of up to 31.1g/t Au.