Blackthorn Resources Burkina Faso (BBF), a wholly-owned subsidiary of Australia-based Blackthorn Resources, has renewed the Poa and Guido exploration permits in Burkina Faso, West Africa.
The two exploration permits, which have been renewed for the third and final three-year period since they were first granted in July 2007, are located within the BBF's Northern Tenements, which also comprise the Seboun and Sepaogo permit areas.
Following the renewal, one quarter of the tenement area has been relinquished by the company as per the terms of the Mining Code.
The two exploration permits, which have been renewed for the third and final three-year period since they were first granted in July 2007, are located within the BBF's Northern Tenements.
Exploration in the area, which covers a total area of 443.23km², targets base metals in the areas surrounding the Perkoa mining project that has deposits of Volcanogenic Massive Sulphide (VMS).
These VMS targets, which were previously identified in an airborne VTEM survey over Poa, Guido and Perkoa permit areas, were the focus of the recently completed RAB drilling programme to gather samples for geochemical analysis.
Overall 982 shallow RAB holes measuring an average depth of 8m for a total of 7,899m were drilled in order to gather material in the upper part of the lateritic profile.
A composite sample has been collected from the laterite/saprolite interface and within the mottled zone or the saprolite.
The results of the first assay are expected in August 2013.