Channel Resources Resumes Exploration Drilling at Tanlouka Project

28 November 2010 (Last Updated November 28th, 2010 18:30)

Channel Resources has resumed exploration drilling at the Tanlouka gold project in Burkina Faso, West Africa, with a 10,000m reverse circulation programme. Initial drilling programme at Tanlouka's Mankarga Zone has resulted in the discovery of two separate mineralised zones in target are

Channel Resources has resumed exploration drilling at the Tanlouka gold project in Burkina Faso, West Africa, with a 10,000m reverse circulation programme.

Initial drilling programme at Tanlouka's Mankarga Zone has resulted in the discovery of two separate mineralised zones in target areas 1.3km apart.

The targets have been outlined by soil geochemical and magnetic anomalies, high resistivity and chargeability structures, as well as extensive artisanal workings.

The company has expanded the drill programme for an additional 10,000m of reverse circulation drilling in approximately 65 holes at Mankarga 5.

A second focus of drilling is the Mankarga 1 structure, which is characterised by an east-west trending sheared and silicified gabbroic unit that is parallel to the magnetic fabric.