TIDMAVM
RNS Number : 6649I
Avocet Mining PLC
20 June 2011
AVOCET MINING PLC
POSITIVE DRILLING RESULTS FROM INATA
Avocet Mining PLC ("Avocet" or "the Company") announces further
positive drilling results from the on-going drilling campaign at
its flagship Inata gold mine in Burkina Faso, with additional
updates scheduled to be announced during the third quarter of 2011.
Highlights of the results announced today are summarised in the
tables attached to this release and include:
Inata North Extension
10 m @ 2.35 g/t Au from 171 m
in INRD0064
(incl. 1 m @ 19.2 g/t Au)
6 m @ 3.68 g/t Au from 199.4 m
in INRD0061
(incl. 1 m @ 9.74 g/t Au & 1 m
@ 5.05 g/t Au)
2 m @ 9.82 g/t Au from 8 m in
INRD0070
Sayouba
4 m @ 12.7 g/t Au from 173 m in
INRC1776
(incl. 2 m @ 24.4 g/t Au)
11.7 m @ 2.51 g/t Au from 114.3
m in INDD0060
(incl. 3.1 m @ 4.91 g/t Au)
3 m @ 7.62 g/t Au from 205 m in
INDD0078
(incl. 1 m @ 21.6 g/t Au)
Inata North
45.5 m @ 2.77 g/t Au from 287.5
m in INDD0075
(incl. 22.3 m @ 3.97 g/t Au)
14 m @ 4.71 g/t Au from 432 m
in INDD0064
(incl. 4 m @ 5.05 g/t Au & 5.1
m @ 7.27 g/t Au)
11 m @ 4.55 g/t Au from 87 m in
INRC1761
(incl. 9m @ 5.46 g/t Au)
7 m @ 7.79 g/t Au from 154 m in
INRC1761
Inata Central
9 m @ 10.3 g/t Au from 122 m in
INRD0098
(incl. 6 m @ 14.9 g/t Au)
19 m @ 3.69 g/t Au from 6 m in
INRC1877
(incl. 10 m @ 5.15 g/t Au)
8 m @ 7.21 g/t Au from 158 m in
INRD0137
(incl. 5 m @ 10.7 g/t Au)
Inata South
26 m @ 7.35 g/t Au from 97 m in
INRC1678
(incl. 13m @ 13.8 g/t Au)
8 m @ 5.08 g/t Au from 61 m in
INRC1832
(incl. 2 m @ 16.1 g/t Au)
5 m @ 7.25 g/t Au from 117 m in
INRC1840
(incl. 3 m @ 11.5 g/t Au)
Minfo and Minfo East
13m @ 4.50 g/t Au from 118 m in
INRD1728
(incl. 4.4m @ 9.93 g/t Au)
12 m @ 2.15 g/t Au from 62 m in
INRC1899
(incl. 8m @ 2.68 g/t Au)
20 m @ 2.12 g/t Au from 77 m in
INRC1899
(incl. 7m @ 4.03 g/t Au)
Avocet reported drilling results from Inata on 7 February and 24
March 2011 based on 177 reverse circulation ("RC") drill holes
(24,162 metres) and 7 RC with diamond tail ("RD") drill holes
(1,396 metres). Assays have now been received and validated for an
additional 157 RC drill holes (26,154 metres), 36 RD drill holes
(8,156 metres) and 18 diamond ("DD") drill holes (6,247 metres)
from a total completed programme of 438 RC drill holes (61,245
metres), 92 RD holes (21,066 metres) and 68 DD drill holes (19,035
metres). Figure 1 shows the location of the most significant
intercepts and Tables 1 to 5 list all new significant intercepts.
These drill holes have tested mineralisation beneath and along
strike from Inata North, Inata Central, Inata South, Minfo and
Sayouba as part of a programme targeted at realising the larger
scale of the Inata Mineral Resource and doubling of the original
Mineral Reserves. The Company has completed an additional 10,017
metres of RC drilling outside of the Inata mine permit on prospects
that are contiguous with the mineralised zone at Minfo, including
Filio; and a further 12,542 metres of air core drilling on
infrastructure sterilisation.
The large volume of significant results received to date from
over 100,000 metres of drilling inside the Inata mine permit
indicates that the Mineral Resource of 2.12 million ounces
announced on 12 April 2011 will continue to expand. The wide zones
of higher grade mineralisation at Inata Central and Inata South are
particularly encouraging, as these results are significantly better
than the previous intercepts that have contributed to the current
Mineral Resource.
Avocet embarked on an extensive 200,000 metre drill programme at
Inata (and within the Belahouro region) in late 2010, which has
delivered some impressive results to date. At the time of
announcing the programme, the Company set a target to "double the
reserves" from the original Mineral Reserves at Inata of 944,000
ounces stated by Wega Mining, and has made good progress toward
achieving that goal.
The recent labour unrest reported on 13 May 2011 has led to the
early termination of drilling prior to the onset of the July to
September wet season. This action did not allow for the completion
of the drilling programme, which will defer the Company's ability
to realise this goal until a further 9,000 metres of deeper drill
holes are completed. These drill holes are scheduled to commence in
October 2011 along with the remaining 67,000 metres that will
complete the initial 200,000 metre drill programme. The balance of
this programme will test priority near mine targets.
The Company will report the final batch of results from the
current field season's drilling of approximately 30,000 metres once
they have been validated, and will report a further updated Mineral
Resource in the third quarter of 2011.
Commenting on the latest drilling results from Inata, Brett
Richards, Chief Executive Officer for Avocet, stated:
"Inata continues to return significant drilling results that
show it is a much larger gold deposit than the current Mineral
Resource and Reserve suggest. We are confident of achieving the
goal of doubling the Mineral Reserves; however the final resource
and reserve upgrade will be delayed due to the early termination of
the drilling programme caused by the labour unrest leading up to
the wet season. As well, exploration drilling of the regional
targets in the next field season will illustrate to us how we look
at the Belahouro region as a whole, in regards to how to we
increase our production profile in Burkina Faso over the coming
years".
Figure 1.0
Click on, or paste the following link into your web browser, to
view the associated PDF document.
http://www.rns-pdf.londonstockexchange.com/rns/6649I_-2011-6-17.pdf
The information in this announcement is based on information
reviewed and audited by Mr Peter Flindell (MAusIMM), Executive Vice
President of Exploration for Avocet. Mr Flindell has sufficient
experience relevant to the style of mineralisation and type of
deposit under consideration to qualify as a Qualified Person as
defined by the Canadian National Instrument 43-101 for the
reporting of Exploration Results, Mineral Resources and Mineral
Reserves (NI 43-101) and as a Competent Person as defined by the
Australian JORC Code (2004) for the reporting of Exploration
Results, Mineral Resources and Ore Reserves. Mr Flindell consents
to the inclusion of the technical information in this announcement
in the form and context in which it appears.
For further information
please contact:
Ambrian
Avocet Partners J.P. Morgan Arctic
Mining PLC Buchanan Limited Cazenove Securities SEB Enskilda
Financial
NOMAD & Adviser
Financial PR Joint & Market
Consultants Broker Lead Broker Maker Market Maker
Brett
Richards,
CEO Mike
Norris, FD
Hans-Arne
L'orange,
EVP Business Samantha Fredrik
Development Bobby Morse Harrison Michael Arne Wenger Cappelen
& Investor Katharine Jen Wentworth-Stanley Petter Andreas
Relations Sutton Boorer Neil Passmore Bakken Rode
+44 20 7466
5000 +44 +44 20
+44 20 7766 7872 7634 +47 2101
7676 604783 4700 +44 20 7588 2828 3100 +47 21008500
www.avocet. www.buchana www.ambri www.jpmorgancazenov www.arcticse www.sebenski
co.uk n.uk.com an.com e.com c.no lda.no
Notes to Editors
Avocet Mining PLC ("Avocet" or "the Company") is a gold mining
company listed on the AIM market of the London Stock Exchange
(Ticker: AVM.L) and the Oslo Bors (Ticker: AVM.OL). The Company's
principal activities are gold mining and exploration in Burkina
Faso (as 90 per cent owner of the Inata gold mine), Malaysia (as
100 per cent owner of the Penjom gold mine, the country's largest
gold producer) and Indonesia (as 80 per cent owner of the North
Lanut gold mine and Bakan project in North Sulawesi).
In December 2010 Avocet announced that it had signed a binding
agreement for the conditional sale of its South East Asian assets
to J&Partners L.P, a private company, for US$200 million. The
transaction with J&Partners will leave Avocet as a West African
gold producer with a clear strategy for growth in that region.
Further details can be found in the press release dated 24 December
2010 and in the Company's preliminary results statement for 2010,
dated 22 February 2011.
Background to operations
The Inata deposit presently comprises a Mineral Resource of 2.12
million ounces and a Mineral Reserve of 1.08 million ounces. Inata
poured its first gold in December 2009 and has now reached a
production rate in excess of 13,500 ounces per month. Other assets
in West Africa include exploration permits in Burkina Faso (the
most advanced being the Souma trend at Belahouro, some 20
kilometres from Inata,with a Mineral Resource of 561,100 ounces),
Guinea and Mali (the most advanced being the Tri-K gold exploration
project in Guinea with a Mineral Resource of 1.10 million
ounces).
Penjom is Malaysia's largest gold mine and was developed by
Avocet in an area of historic alluvial mining. The mine is located
in Pahang State, approximately 120 km north of the country's
capital, Kuala Lumpur.
North Lanut in North Sulawesi, Indonesia, was developed by
Avocet from the exploration stage. The mine is located within a
Contract of Work, which includes exploration and mining rights over
approximately 50,000 hectares in an area highly prospective for
gold. Avocet holds an 80 per cent interest and an Indonesian
company, PT Lebong Tandai, owns the remaining 20 per cent.
TABLE 1 - SUMMARY OF DRILLHOLE INTERCEPTS AT INATA NORTH
EXTENSION & SAYOUBA
Grade
Hole EOH From To Width (g/t
ID East North RL Az Dip (m) (m) (m) (m) Au) Including
INDD0060 683,297 1,588,903 340 90 -60 171 108 111.9 3.9 1.06
3.1m @ 4.91 g/t
Au & 2.3m @ 3.30
114.3 126 11.7 2.51 g/t Au
128.5 130.1 1.6 0.68
142.45 144.6 2.15 1.40
INDD0062 683,020 1,589,301 349 90 -60 140 33 35 2 0.53
38.4 41 2.6 0.97
44.3 48.1 3.8 1.53
60 64 4 2.05 1m @ 3.28 g/t Au
81.4 86.55 5.15 1.21
92 94 2 3.55 1m @ 5.70 g/t Au
133.5 134.5 1 0.62
INDD0078 683,207 1,588,951 341 90 -60 256.5 28 30.3 2.3 0.67
205 208 3 7.62 1m @ 21.6 g/t Au
INDD0079 683,149 1,589,051 343 90 -60 356.5 194.2 195.2 1 0.82
204.6 205.6 1 0.52
331.8 336 4.2 1.63 1m @ 3.89 g/t Au
INDD0080 683,148 1,588,903 341 90 -60 346.5 0 4 4 0.59
62 64 2 1.62
280.5 281.5 1 1.38
INDD0083 682,816 1,589,350 345 90 -60 366.5 184.5 187.5 3 0.42
322.3 324.3 2 1.17
330.2 334.4 4.2 1.37 1m @ 2.55 g/t Au
INRC1592 683,126 1,589,701 344 0 -60 192 75 76 1 0.61
87 88 1 1.58
174 175 1 1.40
INRC1595 683,099 1,589,753 344 0 -60 198 162 163 1 0.94
183 185 2 1.22
INRC1596 683,150 1,589,752 343 0 -60 144 116 117 1 0.61
122 123 1 0.58
INRC1693 683,386 1,588,851 337 90 -60 150 127 128 1 0.58
INRC1705 683,153 1,589,000 342 90 -60 204 83 85 2 1.15
109 110 1 0.73
138 139 1 0.93
151 152 1 0.60
INRC1708 683,329 1,588,850 338 90 -60 200 32 34 2 0.78
105 106 1 0.90
INRC1711 683,494 1,590,451 333 90 -60 171 107 109 2 1.13
119 120 1 0.60
INRC1749 683,000 1,589,802 343 90 -60 236 16 17 1 0.87
209 210 1 3.39
213 219 6 1.42 1m @ 2.91 g/t Au
226 229 3 1.80 1m @ 2.66 g/t Au
INRC1774 683,306 1,589,299 345 90 -60 165 58 61 3 0.56 1m @ 4.77 g/t Au
INRC1775 683,256 1,589,300 346 90 -60 190 12 13 1 0.75
39 40 1 2.00
57 58 1 4.77
116 117 1 1.23
131 132 1 0.56
INRC1776 683,210 1,589,301 348 90 -60 220 127 128 1 0.69
163 164 1 1.27
167 170 3 3.36 1m @ 6.94 g/t Au
173 177 4 12.7 2m @ 24.4 g/t Au
181 184 3 2.36 1m @ 5.94 g/t Au
207 208 1 0.82
INRC1778 683,329 1,589,355 345 90 -60 165 56 60 4 0.64
64 65 1 1.06
73 74 1 0.56
INRC1779 683,277 1,589,355 346 90 -60 190 43 44 1 8.08
61 62 1 3.34
83 84 1 1.49
102 103 1 0.87
INRC1780 683,230 1,589,354 348 90 -60 220 125 126 1 1.25
133 136 3 1.50 1m @ 2.54 g/t Au
191 192 1 7.51
196 198 2 4.42
INRC1781 683,326 1,589,406 344 90 -60 165 16 17 1 0.65
76 77 1 0.50
90 94 4 0.61
112 113 1 1.53
INRC1782 683,276 1,589,403 346 90 -60 190 10 12 2 0.81
21 22 1 0.63
110 111 1 1.24
137 138 1 0.69
INRC1783 683,235 1,589,400 347 90 -60 220 5 7 2 0.66
31 32 1 1.63
58 61 3 0.73
78 79 1 0.52
107 108 1 0.51
143 144 1 0.50
INRC1905 683,377 1,589,409 345 90 -60 126 103 104 1 0.82
INRD0061 682,895 1,589,300 349 90 -60 312.5 159 160 1 1.18
167 170 3 0.49
1m @ 9.74 g/t Au
& 1m @ 5.05 g/t
199.4 205.4 6 3.68 Au
225 229 4 0.78
INRD0064 682,863 1,589,453 345 90 -60 405 162 165.2 3.2 0.59
167.5 168.5 1 0.86
171 181 10 2.35 1m @ 19.2 g/t Au
185 191 6 0.41
234 237.3 3.3 1.73 1m @ 3.67 g/t Au
239.8 246 6.2 0.79
253 258 5 3.27 1m @ 7.48 g/t Au
264.5 271 6.5 0.92
328 330 2 1.13
334 340 6 2.00 2m @ 3.88 g/t Au
346 350 4 0.64
INRD0070 682,915 1,589,552 348 90 -60 370.5 8 10 2 9.82
INRD0071 682,991 1,589,598 349 90 -60 200 150 157 7 0.44
168 169 1 0.50
---------- -------- ---------- ---- --- ---- ------ ------- ------ ------ ------ ------------------
Notes: Individual gold assays have a top cut of 30 g/t Au and a
lower cut of 0.5 g/t Au for intercept calculations
Maximum internal waste allowed is 2m and minimum mineralised
interval is 1m
All holes are drilled from surface using conventional reverse
circulation drilling techniques and triple tube wireline diamond
drilling techniques drilled by Boart Longyear & West African
Drilling Services
All samples have been prepared and analysed by SGS Laboratories
in Ouagadougo, Burkina Faso and Intertek Testing Services in
Tarkwa, Ghana
Gold has been analysed by fire assay using a 50 gram charge
All sample batches have passed Avocet's QAQC protocols
TABLE 2 - SUMMARY OF DRILLHOLE INTERCEPTS AT INATA NORTH
Grade
Hole EOH From To Width (g/t
ID East North RL Az Dip (m) (m) (m) (m) Au) Including
INDD0063 682,624 1,588,376 336 90 -60 382.5 262.6 265.2 2.6 6.48
1.3m @ 6.77 g/t
Au & 2.7m @ 1.83
278 288.4 10.4 1.69 g/t Au
293 299 6 3.68 4m @ 4.85 g/t Au
321.6 325.5 3.9 0.84 1m @ 2.57 g/t Au
333 335.6 2.6 0.81
348 350 2 0.61
365 367 2 2.49
INDD0064 682,501 1,588,401 335 90 -60 490.8 1.6 3.6 2 0.78
5m @ 5.27 g/t Au
& 3m @ 2.90 g/t
401 419 18 2.38 Au
426 429 3 2.58 1m @ 5.07 g/t Au
4m @ 5.05 g/t Au
& 5.1m @ 7.27 g/t
432 446 14 4.71 Au
452 456 4 1.10
1.4m @ 3.48 g/t
466 469 3 1.98 Au
473 476 3 1.72 1m @ 2.40 g/t Au
INDD0066 682,573 1,588,555 335 90 -60 479.18 150.5 151.5 1 0.63
227.6 228.6 1 0.87
295.6 296.6 1 2.78
299 300.2 1.2 0.57
312 315 3 3.95 1m @ 10.0 g/t Au
318 319 1 1.09
326.8 328 1.2 0.52
338 340 2 1.65 1m @ 2.71 g/t Au
2.2m @ 2.28 g/t
345.3 353 7.7 1.65 Au
3m @ 1.54 g/t Au
& 1.2m @ 3.33 g/t
358.3 367 8.7 1.44 Au
372.7 375.4 2.7 1.14
408.5 410.5 2 1.38 1m @ 2.02 g/t Au
INDD0068 682,731 1,588,901 341 90 -60 360.7 236.3 237.3 1 0.71
300.3 301.3 1 2.80
INDD0069 682,725 1,588,801 340 90 -60 349.5 210.7 211.7 1 0.91
236.4 238.5 2.1 0.77
242.2 245.3 3.1 1.06
306 307 1 4.27
INDD0070 682,738 1,588,849 340 90 -60 391.5 145 146 1 0.72
210.2 211.2 1 4.44
220.9 222 1.1 0.90
231 232.4 1.4 0.65
259 260 1 0.53
331.5 334.5 3 1.63 1m @ 2.33 g/t Au
INDD0071 682,684 1,588,850 341 90 -60 391.5 11 13 2 0.60
217 219.2 2.2 1.42
308 311 3 1.06
359 360 1 1.76
363 364 1 0.85
389.5 390.5 1 0.71
INDD0072 682,695 1,588,750 340 90 -60 400.5 262 264 2 2.38 1m @ 2.97 g/t Au
277.6 278.6 1 1.24
285.5 286.5 1 1.02
308.3 309.3 1 1.07
313.3 316.8 3.5 0.73
328 331 3 0.54
345.3 347.3 2 1.10
374 377 3 2.72 2m @ 3.42 g/t Au
INDD0075 682,590 1,588,425 336 90 -60 375 193.5 195 1.5 8.41
22.3m @ 3.97 g/t
Au & 2m @ 4.39
287.5 333 45.5 2.77 g/t Au
8.7m @ 3.60 g/t
INDD0076 682,759 1,589,000 344 90 -60 370.5 241.8 251.5 9.7 3.31 Au
264.7 265.7 1 1.00
1.5m @ 3.81 g/t
271.3 273.8 2.5 2.66 Au
2.1m @ 4.34 g/t
INDD0077 682,720 1,588,425 298 90 -60 352.5 101 105 4 3.09 Au
125 128 3 1.27
1.3m @ 3.10 g/t
149.5 152.8 3.3 1.78 Au
155.1 160.5 5.4 6.63
166.1 168 1.9 0.88
INRC1609 682,740 1,588,300 288 90 -60 141 25 26 1 0.61
60 61 1 0.51
INRC1670 682,405 1,584,652 317 90 -60 200 118 119 1 0.52
INRC1718 682,744 1,587,902 339 90 -60 201 106 107 1 1.10
INRC1761 682,739 1,588,455 298 90 -60 240 73 76 3 5.61
87 98 11 4.55 9m @ 5.46 g/t Au
101 104 3 1.65 1m @ 4.10 g/t Au
119 124 5 3.01 2m @ 5.68 g/t Au
145 149 4 1.51
154 161 7 7.79
164 165 1 1.35
4m @ 3.43 g/t Au
& 1m @ 4.33 g/t
Au & 5m @ 2.27
INRC1764 682,856 1,588,752 308 90 -60 225 27 50 23 1.66 g/t Au
54 58 4 1.15 1m @ 2.04 g/t Au
114 116 2 2.39
133 134 1 0.50
137 143 6 4.62 5m @ 5.37 g/t Au
INRC1765 682,911 1,588,749 325 90 -60 135 80 84 4 1.88 1m @ 2.51 g/t Au
96 98 2 1.19
INRC1766 682,924 1,588,803 307 90 -60 135 33 34 1 0.68
92 94 2 1.21
5m @ 4.25 g/t Au
& 1m @ 2.96 g/t
INRC1767 682,872 1,588,804 307 90 -60 200 18 32 14 2.22 Au
37 40 3 0.37
44 49 5 1.86 1m @ 5.47 g/t Au
115 116 1 0.67
119 120 1 1.55
133 139 6 2.10 2m @ 4.17 g/t Au
INRC1768 682,965 1,589,351 348 90 -60 310 5 9 4 0.99
25 27 2 1.28
34 40 6 0.99 1m @ 2.17 g/t Au
46 59 13 2.16 4m @ 5.34 g/t Au
81 83 2 1.23
101 102 1 1.51
115 116 1 0.68
119 120 1 0.98
130 136 6 1.65 2m @ 2.59 g/t Au
198 202 4 3.31 1m @ 10.7 g/t Au
285 286 1 1.48
INRC1769 682,865 1,589,351 347 90 -60 315 6 9 3 0.48
147 154 7 0.76
161 164 3 0.62
198 200 2 0.55
203 204 1 2.56
218 219 1 0.56
230 241 11 2.11 3m @ 3.74 g/t Au
275 279 4 0.80
INRC1770 683,349 1,590,252 336 90 -60 245 71 74 3 0.95
128 129 1 2.33
132 134 2 1.84 1m @ 2.81 g/t Au
138 143 5 1.76 2m @ 3.04 g/t Au
156 163 7 1.11 1m @ 2.55 g/t Au
187 188 1 0.79
243 244 1 0.66
INRC1771 683,398 1,590,451 333 90 -60 209 29 30 1 0.50
103 105 2 4.09
INRC1772 683,450 1,590,652 332 90 -60 246 162 163 1 0.86
INRC1784 683,150 1,588,601 338 90 -60 135 50 51 1 2.37
INRC1786 683,099 1,588,502 338 90 -60 130 115 119 4 0.98
INRC1791 682,696 1,588,000 341 90 -60 268 210 212 2 1.87 1m @ 3.10 g/t Au
INRC1795 682,983 1,588,601 337 90 -60 200 71 72 1 1.99
98 99 1 5.97
INRC1801 682,061 1,583,249 330 0 -60 125 3 4 1 0.80
13 14 1 0.62
107 108 1 0.58
121 122 1 0.67
INRC1853 682,767 1,588,142 341 90 -60 190 138 139 1 0.60
INRC1854 682,724 1,588,188 341 90 -60 200 133 134 1 0.55
INRC1870 682,933 1,586,501 326 90 -60 150 37 38 1 0.77
1m @ 4.38 g/t Au
& 3m @ 3.36 g/t
49 70 21 1.25 Au
107 109 2 0.52
120 121 1 0.70
INRC1871 682,980 1,586,498 328 90 -60 100 22 23 1 0.62
71 76 5 1.25 1m @ 2.00 g/t Au
INRC1923 682,679 1,588,197 338 90 -60 273 5 8 3 1.64 1m @ 3.84 g/t Au
189 190 1 0.54
INRC1924 682,661 1,588,251 335 90 -60 247 235 239 4 0.43
INRC1925 682,665 1,588,275 334 90 -60 255 249 252 3 1.76 1m @ 2.02 g/t Au
INRC1926 682,650 1,588,304 332 90 -60 237 46 47 1 0.72
1m @ 2.77 g/t Au
& 1m @ 4.05 g/t
INRC1928 682,858 1,589,050 346 86 -60 346 156 164 8 1.76 Au
167 174 7 1.31 1m @ 3.10 g/t Au
208 211 3 3.10 2m @ 4.31 g/t Au
INRD0076 682,822 1,589,151 360 90 -60 361.5 49 50 1 2.48
INRD0076 682,822 1,589,151 360 90 -60 361.5 111 112 1 0.60
INRD0077 682,792 1,589,101 359 90 -60 230 81 82 1 0.62
89 90 1 0.61
104 105 1 1.10
112 113 1 0.72
---------- -------- ---------- ---- --- ---- ------- ------ ------ ------ ------ ------------------
Notes: Individual gold assays have a top cut of 30 g/t Au and a
lower cut of 0.5 g/t Au for intercept calculations
Maximum internal waste allowed is 2m and minimum mineralised
interval is 1m
All holes are drilled from surface using conventional reverse
circulation drilling techniques and triple tube wireline diamond
drilling techniques drilled by Boart Longyear & West African
Drilling Services
All samples have been prepared and analysed by SGS Laboratories
in Ouagadougo, Burkina Faso and Intertek Testing Services in
Tarkwa, Ghana
Gold has been analysed by fire assay using a 50 gram charge
All sample batches have passed Avocet's QAQC protocols
TABLE 3 - SUMMARY OF DRILLHOLE INTERCEPTS AT INATA CENTRAL
Grade
Hole EOH From To Width (g/t
ID East North RL Az Dip (m) (m) (m) (m) Au) Including
INRC1845 682,648 1,586,264 323 90 -60 200 42 43 1 0.81
117 118 1 0.71
121 124 3 1.28
128 129 1 0.52
155 156 1 1.36
175 176 1 0.53
INRC1846 682,649 1,586,315 323 90 -60 190 121 126 5 1.42 1m @ 5.05 g/t Au
136 140 4 0.49
INRC1847 682,835 1,586,413 325 90 -60 175 14 16 2 0.54
57 58 1 0.51
86 87 1 0.70
109 110 1 2.21
129 130 1 1.81
INRC1849 682,687 1,586,562 327 90 -60 200 147 159 12 1.60 5m @ 2.66 g/t Au
INRC1850 682,710 1,586,562 326 90 -60 175 70 71 1 0.79
97 98 1 0.79
119 132 13 1.87 3m @ 5.51 g/t Au
152 153 1 0.54
INRC1851 682,845 1,587,800 342 90 -60 200 154 157 3 1.93 2m @ 2.26 g/t Au
162 163 1 1.49
INRC1855 683,006 1,587,400 328 90 -60 200 39 42 3 2.55 1m @ 6.19 g/t Au
51 56 5 1.33 1m @ 3.80 g/t Au
61 63 2 0.95
100 102 2 0.76
107 108 1 1.21
132 135 3 0.87
140 145 5 0.39
INRC1856 682,995 1,587,452 327 90 -60 170 54 67 13 2.80 5m @ 4.34 g/t Au
72 74 2 0.72
81 85 4 0.52
111 112 1 0.93
117 118 1 0.56
139 143 4 2.36 2m @ 4.25 g/t Au
146 147 1 0.53
155 157 2 0.53
2m @ 5.06 g/t Au
& 6m @ 4.06 g/t
INRC1857 682,971 1,587,447 328 90 -60 200 80 99 19 2.38 Au
102 103 1 0.64
109 113 4 1.23 1m @ 3.13 g/t Au
119 122 3 0.75
170 173 3 2.00 1m @ 4.45 g/t Au
5m @ 3.97 g/t Au
& 1m @ 4.01 g/t
Au & 1m @ 3.42
INRC1858 682,960 1,587,400 328 90 -60 210 88 106 18 1.93 g/t Au
187 188 1 1.03
191 192 1 0.81
INRC1859 682,970 1,587,500 328 90 -65 190 33 36 3 2.38 1m @ 5.19 g/t Au
88 99 11 1.57 1m @ 7.95 g/t Au
110 112 2 0.66
164 166 2 2.44 1m @ 3.08 g/t Au
INRC1861 683,042 1,587,503 330 90 -60 210 0 8 8 5.19 4m @ 9.39 g/t Au
20 24 4 1.35 1m @ 2.47 g/t Au
40 41 1 0.52
46 53 7 0.54
57 58 1 1.65
62 64 2 2.76
137 138 1 0.60
INRC1862 682,831 1,587,012 325 90 -60 195 133 147 14 1.94 4m @ 4.25 g/t Au
164 165 1 2.75
185 186 1 1.42
INRC1863 682,821 1,586,912 325 90 -60 200 74 75 1 0.60
81 82 1 1.39
87 88 1 0.52
93 95 2 1.34 1m @ 2.13 g/t Au
99 114 15 2.34 4m @ 5.57 g/t Au
138 141 3 0.79
153 155 2 1.66 1m @ 2.51 g/t Au
INRC1864 683,052 1,587,211 328 90 -60 150 36 41 5 2.41 1m @ 7.11 g/t Au
INRC1865 683,012 1,587,264 328 90 -60 160 2 4 2 0.96
8 9 1 0.67
50 52 2 3.73 1m @ 5.26 g/t Au
79 84 5 1.63 1m @ 4.70 g/t Au
100 102 2 2.20
105 106 1 4.32
134 137 3 3.21 2m @ 4.46 g/t Au
INRC1866 682,982 1,587,301 328 90 -60 210 23 32 9 5.34 4m @ 9.87 g/t Au
1m @ 4.15 g/t Au
& 1m @ 7.51 g/t
38 43 5 2.54 Au
50 51 1 0.75
55 64 9 2.16 3m @ 4.23 g/t Au
70 71 1 1.80
86 87 1 0.50
106 108 2 0.84
139 140 1 7.40
162 168 6 0.77
INRC1867 682,721 1,586,700 328 90 -60 198 158 165 7 7.37 5m @ 9.58 g/t Au
168 170 2 0.66
INRC1868 682,708 1,586,613 327 90 -60 210 146 158 12 2.21 6m @ 3.65 g/t Au
INRC1869 682,908 1,586,805 327 90 -60 160 76 78 2 0.57
113 120 7 3.78 1m @ 24.1 g/t Au
137 144 7 1.33 1m @ 3.44 g/t Au
149 150 1 3.73
INRC1873 682,974 1,586,650 329 90 -60 154 113 114 1 0.51
121 122 1 0.63
INRC1874 683,105 1,586,751 332 90 -60 100 0 13 13 2.92 5m @ 5.71 g/t Au
16 23 7 0.80 1m @ 2.68 g/t Au
27 28 1 2.22
INRC1875 683,056 1,586,751 331 90 -60 130 38 42 4 0.82
45 46 1 2.11
56 60 4 1.06 1m @ 2.29 g/t Au
INRC1876 683,006 1,586,752 330 90 -60 180 16 17 1 0.61
21 24 3 0.78
31 33 2 0.91
153 154 1 0.56
INRC1877 683,105 1,586,801 332 90 -60 100 6 25 19 3.69 10m @ 5.15 g/t Au
33 39 6 3.67 4m @ 4.85 g/t Au
INRC1878 683,056 1,586,801 331 90 -60 130 11 12 1 0.83
24 25 1 0.79
34 35 1 0.62
48 49 1 0.85
57 60 3 1.75 2m @ 2.22 g/t Au
64 67 3 0.83
76 78 2 0.78
82 84 2 0.65
101 102 1 1.39
INRC1879 683,006 1,586,802 331 90 -60 167 11 33 22 1.08 3m @ 2.73 g/t Au
1m @ 3.68 g/t Au
& 1m @ 3.21 g/t
38 44 6 2.17 Au
67 68 1 0.60
103 105 2 0.86
INRC1881 683,055 1,586,851 332 90 -60 130 69 74 5 1.57 3m @ 2.08 g/t Au
INRC1882 683,005 1,586,851 331 90 -60 162 11 15 4 2.37 1m @ 3.41 g/t Au
21 29 8 2.83 4m @ 4.42 g/t Au
64 66 2 1.56 1m @ 2.42 g/t Au
104 105 1 1.00
INRC1883 682,907 1,587,706 344 90 -60 194 141 145 4 0.70
161 168 7 3.26 5m @ 4.25 g/t Au
INRC1884 682,673 1,586,365 324 90 -60 196 105 106 1 2.02
133 137 4 1.40 1m @ 2.00 g/t Au
140 150 10 2.00 1m @ 3.53 g/t Au
INRC1885 682,675 1,586,450 325 90 -60 186 116 117 1 0.55
8m @ 4.13 g/t Au
& 2m @ 4.89 g/t
126 150 24 2.29 Au
153 154 1 1.48
INRC1886 682,700 1,586,450 325 90 -60 208 99 123 24 1.68 5m @ 4.38 g/t Au
INRC1895 682,932 1,587,765 344 90 -60 210 103 106 3 0.55
113 114 1 0.95
119 120 1 0.74
131 132 1 0.61
142 143 1 0.54
INRC1896 682,885 1,587,758 344 90 -60 217 176 177 1 0.54
INRC1901 682,712 1,586,263 323 90 -60 80 38 43 5 0.43
INRC1902 682,670 1,586,264 323 90 -60 140 88 89 1 1.35
92 96 4 4.67 2m @ 8.07 g/t Au
102 103 1 1.03
INRC1904 682,738 1,586,313 324 90 -60 100 35 46 11 0.76
2m @ 4.29 g/t Au
& 2m @ 2.55 g/t
INRC1921 682,858 1,587,162 325 90 -60 270 161 176 15 1.36 Au
196 203 7 0.83 1m @ 2.24 g/t Au
223 224 1 2.21
259 260 1 1.00
INRC1927 682,905 1,586,751 327 86 -60 326.15 33 34 1 0.87
175 176 1 0.51
INRD0074 682,670 1,586,601 327 90 -60 250 74 75 1 1.80
INRD0080 682,770 1,586,413 327 90 -60 230 27 28 1 2.45
46 49 3 1.10 1m @ 2.10 g/t Au
78 81 3 0.91
108 109 1 0.85
130 131 1 0.79
3m @ 4.16 g/t Au
& 1m @ 3.18 g/t
INRD0081 682,686 1,586,510 325 86 -60 203 135 148 13 2.07 Au
INRD0082 682,873 1,586,701 329 90 -60 192 97 99 2 1.32
115 116 1 1.02
126 134 8 0.96 1m @ 2.16 g/t Au
139 140 1 1.38
INRD0083 682,623 1,586,264 323 86 -60 200 138 139 1 1.16
INRD0089 682,709 1,586,800 330 90 -60 150 17 18 1 0.58
80 81 1 0.59
INRD0090 682,683 1,586,413 322 86 -60 150 126 132 6 4.61 3m @ 7.51 g/t Au
136 144 8 2.14 5m @ 3.10 g/t Au
INRD0091 682,702 1,586,865 330 90 -60 150 0 3 3 6.01 2m @ 8.57 g/t Au
INRD0092 682,660 1,586,559 326 90 -60 225 171 174 3 1.82
176.5 177.5 1 1.82
INRD0093 682,361 1,586,700 324 90 -60 252.15 61 62 1 0.68
107 115 8 4.15 2m @ 12.1 g/t Au
INRD0094 682,947 1,586,866 331 86 -60 269.5 223 225 2 1.01
INRD0095 682,420 1,586,700 325 90 -60 250 22 27 5 1.52 1m @ 4.20 g/t Au
40 41 1 0.59
44 45 1 0.51
109 111 2 0.73
INRD0096 682,867 1,586,805 329 86 -60 150 5 10 5 0.87
INRD0097 682,865 1,587,552 338 90 -60 326 70 72 2 0.95
77 78 1 0.91
INRD0098 682,905 1,587,547 339 90 -60 232 18 19 1 0.60
118 119 1 0.88
122 131 9 10.3 6m @ 14.9 g/t Au
134 137 3 2.37 1m @ 3.25 g/t Au
142 150 8 0.98
INRD0103 682,928 1,587,450 341 90 -60 210 158 163 5 1.48 2m @ 3.20 g/t Au
175 176 1 1.47
INRD0134 682,836 1,587,262 336 90 -60 192 49 50 1 0.69
INRD0136 682,844 1,587,400 340 86 -60 200 153 154 1 3.90
INRD0137 682,786 1,586,964 325 86 -60 260 63 64 1 0.69
139 140 1 0.53
146 153 7 0.62
158 166 8 7.21 5m @ 10.7 g/t Au
---------- -------- ---------- ---- --- ---- ------- ------ ------ ------ ------ ------------------
Notes: Individual gold assays have a top cut of 30 g/t Au and a
lower cut of 0.5 g/t Au for intercept calculations
Maximum internal waste allowed is 2m and minimum mineralised
interval is 1m
All holes are drilled from surface using conventional reverse
circulation drilling techniques and triple tube wireline diamond
drilling techniques drilled by Boart Longyear & West African
Drilling Services
All samples have been prepared and analysed by SGS Laboratories
in Ouagadougo, Burkina Faso and Intertek Testing Services in
Tarkwa, Ghana
Gold has been analysed by fire assay using a 50 gram charge
All sample batches have passed Avocet's QAQC protocols
TABLE 4 - SUMMARY OF DRILLHOLE INTERCEPTS AT INATA SOUTH
Grade
Hole EOH From To Width (g/t
ID East North RL Az Dip (m) (m) (m) (m) Au) Including
INRC1585 682,102 1,583,952 326 0 -60 75 2 5 3 0.65
43 44 1 1.51
48 50 2 1.04
INRC1586 682,056 1,583,951 327 0 -60 75 6 8 2 0.92
12 15 3 0.92
19 42 23 0.74
48 49 1 0.51
54 56 2 1.21
INRC1587 682,006 1,583,951 327 0 -60 85 76 78 2 0.71
INRC1589 681,909 1,583,951 328 90 -60 75 29 30 1 1.21
INRC1617 682,354 1,584,354 320 90 -60 200 94 97 3 0.61
INRC1619 682,353 1,584,406 320 90 -60 183 129 137 8 1.19 2m @ 2.98 g/t Au
169 170 1 0.94
INRC1620 681,759 1,583,950 329 360 -60 75 12 15 3 0.83
62 63 1 0.92
INRC1663 682,352 1,584,501 319 90 -60 156 49 50 1 0.62
101 102 1 0.52
121 122 1 0.89
126 127 1 0.85
141 143 2 0.60
INRC1665 682,251 1,584,501 320 90 -60 168 148 149 1 0.53
INRC1667 682,427 1,584,550 318 90 -60 149 88 92 4 0.70
INRC1668 682,404 1,584,600 318 90 -60 147 110 113 3 0.62
122 128 6 2.28 2m @ 4.53 g/t Au
INRC1669 682,350 1,584,601 318 90 -60 162 13 14 1 0.67
160 161 1 0.65
INRC1673 682,392 1,584,710 317 90 -60 168 24 26 2 0.56
29 34 5 1.45 1m @ 2.46 g/t Au
141 144 3 0.56
153 154 1 0.70
INRC1674 682,440 1,584,702 315 90 -60 174 82 87 5 0.67
97 98 1 0.87
101 102 1 0.67
128 129 1 0.50
INRC1675 682,482 1,584,801 315 90 -60 150 65 77 12 0.67 1m @ 3.13 g/t Au
INRC1676 682,455 1,584,851 315 90 -60 152 96 102 6 0.65
109 114 5 0.69
120 126 6 1.83 1m @ 4.64 g/t Au
INRC1677 682,568 1,584,902 313 90 -60 182 11 14 3 0.51
18 19 1 0.73
INRC1678 682,469 1,584,901 314 90 -60 173 24 25 1 0.55
86 90 4 2.77 3m @ 3.20 g/t Au
97 123 26 7.35 13m @ 13.8 g/t Au
126 129 3 1.22
INRC1683 682,694 1,585,201 312 90 -60 177 39 41 2 0.55
53 55 2 0.63
INRC1684 682,644 1,585,201 312 90 -60 183 59 61 2 2.19
65 71 6 2.64 3m @ 3.57 g/t Au
85 86 1 0.82
89 90 1 0.64
99 100 1 1.18
INRC1685 682,694 1,585,251 313 90 -60 168 11 12 1 0.53
17 18 1 0.62
59 63 4 0.71
INRC1686 682,645 1,585,251 312 90 -60 182 78 80 2 0.71
88 90 2 1.28
1m @ 3.66 g/t Au &
104 114 10 2.16 1m @ 7.65 g/t Au
INRC1687 682,647 1,585,353 313 90 -60 128 114 117 3 0.58
INRC1688 682,668 1,585,401 314 90 -60 147 90 97 7 1.95 1m @ 7.77 g/t Au
102 103 1 0.87
INRC1689 682,670 1,585,454 315 90 -60 162 95 99 4 1.03
103 107 4 2.69 1m @ 6.92 g/t Au
120 123 3 0.64
128 130 2 1.04
138 139 1 2.31
INRC1690 682,649 1,585,501 315 90 -60 165 151 155 4 1.79 1m @ 4.26 g/t Au
158 160 2 0.73
INRC1691 682,624 1,585,501 315 90 -60 176 168 169 1 0.85
INRC1692 682,575 1,585,700 317 90 -60 162 66 70 4 0.88
127 133 6 1.47 1m @ 4.36 g/t Au
INRC1694 682,572 1,585,798 318 90 -60 127 122 123 1 0.80
INRC1695 682,608 1,585,863 318 90 -60 146 5 6 1 1.39
100 107 7 0.94
111 114 3 1.16 1m @ 2.23 g/t Au
117 118 1 0.53
121 122 1 0.60
133 138 5 0.72 1m @ 2.01 g/t Au
INRC1696 682,583 1,585,863 318 90 -60 135 82 83 1 0.58
125 126 1 3.77
INRC1697 682,598 1,585,901 319 90 -60 154 112 113 1 1.14
116 117 1 1.04
125 126 1 0.80
INRC1699 682,637 1,585,963 320 90 -60 192 51 52 1 0.51
55 59 4 0.66
71 72 1 0.64
89 90 1 0.57
95 98 3 1.28
116 117 1 2.11
142 144 2 0.83
149 150 1 0.74
173 174 1 0.79
INRC1796 683,002 1,585,797 319 90 -60 75 35 36 1 1.16
INRC1798 683,107 1,585,800 319 90 -60 75 0 3 3 1.44 1m @ 2.13 g/t Au
14 19 5 0.85
31 32 1 0.97
INRC1799 683,162 1,585,801 319 90 -60 75 37 38 1 0.80
41 42 1 0.50
INRC1804 682,306 1,584,201 323 0 -60 100 30 31 1 1.03
37 42 5 1.37 1m @ 3.06 g/t Au
49 56 7 0.64 1m @ 2.22 g/t Au
INRC1805 682,258 1,584,201 323 0 -60 100 93 96 3 0.51
INRC1816 683,006 1,585,001 311 90 -60 80 64 65 1 0.62
INRC1825 682,208 1,585,001 314 90 -60 75 17 18 1 0.72
INRC1829 682,008 1,585,000 316 90 -60 75 59 60 1 0.50
INRC1830 682,663 1,585,350 320 90 -60 138 81 93 12 1.84 6m @ 3.09 g/t Au
100 101 1 0.84
107 108 1 0.80
INRC1831 682,665 1,585,550 315 90 -60 138 66 73 7 1.50 1m @ 6.09 g/t Au
78 85 7 1.41 1m @ 4.70 g/t Au
92 96 4 0.50
INRC1832 682,650 1,585,663 317 90 -60 150 61 69 8 5.08 2m @ 16.1 g/t Au
INRC1833 682,648 1,585,762 318 90 -60 150 5 6 1 0.61
10 14 4 1.38
1m @ 3.12 g/t Au &
57 71 14 2.27 1m @ 17.2 g/t Au
2m @ 3.21 g/t Au &
74 90 16 1.21 1m @ 2.88 g/t Au
INRC1834 682,611 1,585,949 319 90 -60 171 109 110 1 0.50
113 116 3 1.25 1m @ 2.03 g/t Au
126 127 1 0.77
132 135 3 0.37
142 145 3 6.02 2m @ 8.30 g/t Au
168 169 1 0.50
INRC1835 682,638 1,586,001 320 90 -60 174 68 69 1 0.76
102 105 3 2.80 1m @ 6.95 g/t Au
132 133 1 1.48
149 150 1 0.60
INRC1837 682,546 1,586,002 320 90 -60 150 114 115 1 0.98
INRC1838 682,674 1,586,066 321 90 -60 150 65 72 7 0.68
144 146 2 0.78
INRC1839 682,651 1,586,066 321 90 -60 150 49 50 1 0.66
INRC1839 682,651 1,586,066 321 90 -60 150 97 98 1 0.65
INRC1840 683,001 1,586,000 324 90 -60 200 98 100 2 0.56
117 122 5 7.25 3m @ 11.5 g/t Au
INRC1841 683,052 1,585,999 324 90 -60 175 31 32 1 3.16
114 115 1 0.60
INRC1842 683,100 1,586,000 324 90 -60 200 4 10 6 2.04 2m @ 2.94 g/t Au
20 22 2 1.94
1m @ 4.62 g/t Au &
INRC1844 682,570 1,585,601 315 90 -60 200 150 161 11 1.68 1m @ 5.97 g/t Au
INRC1930 682,900 1,586,001 323 86 -60 320 60 61 1 0.76
INRD0101 682,561 1,585,762 317 86 -60 126 99 101 2 0.70
INRD0104 682,527 1,585,700 316 86 -60 111 0 1 1 1.66
90 91 1 1.39
INRD0109 682,548 1,585,601 315 86 -60 114 53 54 1 0.62
INRD0110 682,716 1,585,304 313 86 -60 150 14 16 2 0.74
21 23 2 0.75
26 27 1 0.56
96 97 1 0.94
100 101 1 0.76
INRD0111 682,385 1,584,853 315 86 -60 150 87 94 7 1.90 2m @ 4.25 g/t Au
INRD0113 682,433 1,584,792 315 86 -60 120 8 9 1 0.82
89 90 1 1.35
---------- -------- ---------- ---- ---- ---- ---- ----- ---- ------ ------ -------------------
Notes: Individual gold assays have a top cut of 30 g/t Au and a
lower cut of 0.5 g/t Au for intercept calculations
Maximum internal waste allowed is 2m and minimum mineralised
interval is 1m
All holes are drilled from surface using conventional reverse
circulation drilling techniques and triple tube wireline diamond
drilling techniques drilled by Boart Longyear & West African
Drilling Services
All samples have been prepared and analysed by SGS Laboratories
in Ouagadougo, Burkina Faso and Intertek Testing Services in
Tarkwa, Ghana
Gold has been analysed by fire assay using a 50 gram charge
All sample batches have passed Avocet's QAQC protocols
TABLE 5 - SUMMARY OF DRILLHOLE INTERCEPTS AT MINFO & MINFO
EAST
Grade
Hole EOH From To Width (g/t
ID East North RL Az Dip (m) (m) (m) (m) Au) Including
---------- -------- ---------- ---- ---- ---- ---- ------ ------ ------ ------ -------------------
INDD0091 682,451 1,583,081 324 360 -60 266 44.4 46.5 2.1 1.22
243.5 245.5 2 1.38
249.5 251.5 2 0.51
259.5 263.5 4 1.47 2m @ 2.42 g/t Au
INRC1611 682,260 1,583,177 326 0 -60 144 33 34 1 0.79
38 39 1 0.75
INRC1614 682,360 1,583,148 325 0 -60 194 32 33 1 1.23
42 43 1 1.04
64 65 1 1.26
INRC1615 682,402 1,583,129 325 0 -60 175 13 14 1 0.75
24 25 1 0.98
33 34 1 0.54
69 70 1 0.72
INRC1897 683,250 1,582,888 318 356 -60 110 30 32 2 0.53
37 42 5 1.12
47 56 9 1.13 1m @ 2.80 g/t Au
59 60 1 2.47
63 64 1 0.64
67 69 2 1.98 1m @ 3.19 g/t Au
74 75 1 0.50
82 83 1 0.61
88 89 1 0.50
INRC1898 683,153 1,582,907 319 356 -60 120 44 52 8 1.45 2m @ 3.70 g/t Au
1m @ 2.38 g/t Au &
57 68 11 1.28 2m @ 2.68 g/t Au
78 80 2 2.60 1m @ 4.27 g/t Au
90 91 1 0.57
INRC1899 683,101 1,582,916 320 356 -60 130 54 59 5 2.03 2m @ 4.24 g/t Au
62 74 12 2.15 8m @ 2.68 g/t Au
7m @ 4.03 g/t Au &
77 97 20 2.12 1m @ 2.07 g/t Au
101 105 4 0.55
126 127 1 0.76
INRD0129 682,652 1,582,955 322 356 -60 231 75 87 12 1.03 3m @ 2.38 g/t Au
90 98 8 1.30 1m @ 2.60 g/t Au
INRD1612 682,260 1,583,122 325 0 -60 267 44 65 21 0.86 1m @ 2.56 g/t Au
INRD1613 682,309 1,583,133 325 0 -60 210 4 7 3 0.44
17 18 1 1.59
39 42 3 0.78
57 59 2 0.94
85 86 1 0.57
1.8m @ 3.41 g/t Au
& 4.4m @ 9.93 g/t
INRD1728 682,005 1,583,137 326 0 -60 261 118 131 13 4.50 Au
141 142.8 1.8 0.78
148 149 1 0.50
151.7 155.1 3.4 1.66 1.1m @ 2.39 g/t Au
254 258 4 0.97
---------- -------- ---------- ---- ---- ---- ---- ------ ------ ------ ------ -------------------
Notes: Individual gold assays have a top cut of 30 g/t Au and a
lower cut of 0.5 g/t Au for intercept calculations
Maximum internal waste allowed is 2m and minimum mineralised
interval is 1m
All holes are drilled from surface using conventional reverse
circulation drilling techniques and triple tube wireline diamond
drilling techniques drilled by Boart Longyear & West African
Drilling Services
All samples have been prepared and analysed by SGS Laboratories
in Ouagadougo, Burkina Faso and Intertek Testing Services in
Tarkwa, Ghana
Gold has been analysed by fire assay using a 50 gram charge
All sample batches have passed Avocet's QAQC protocols
This information is provided by RNS
The company news service from the London Stock Exchange
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