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Reunion Gold (TSXV:RGD) extends Oko West in latest drilling

Mining
TSXV:RGD
17 January 2022 15:15 (EDT)

Source: Reunion Gold

Reunion Gold (RGD) has released the latest results from its ongoing drill program at Oko West in Guyana.

The 9,000-metre phase 3 program continues to expand the mineral resource laterally and along strike between the existing fences of drilling.

Recent drilling has demonstrated that gold mineralization continues strongly at depth into unweathered rocks.

One hole, D21-053, is the deepest mineralized intersection to date and returned gold mineralization of 2.69 g/t over 59.0 metres to a vertical depth of approximately 222 metres below surface.

Hole D21-054, the third deepest hole drilled to date, also extended the deposit to depth in unweathered rock, returning 2.98 g/t over 64.50 metres to a vertical depth of approximately 194 metres.

“We are pleased by the lengths and grades of the mineralized intersections being reported,” said Reunion Gold interim CEO Carlos Bertoni. “The deposit shows good continuity and is expanding at depth in the northern 2.5 km stretch of the soil gold anomaly, where most of the drilling has occurred to date.”

Drilling is ongoing, and the Oko West deposit remains open along strike and at depth.

Once phase 3 is complete, Reunion Gold will begin its planned 15,000-metre phase 4 drill program.

“The phase 4 […] drill program is expected to be completed by the second quarter of 2022,” said Mr. Bertoni, “with the goal of outlining a significant maiden resource at Oko West contained within an open pit.”

Over the next six months, Reunion will continue drill testing along strike and at depth along the deposit, using the RC rig to drill scout holes to test the southern 3.5 kilometres of the geochemical anomaly.

Reunion Gold Corporation is a leading gold explorer in the Guiana Shield, South America, with a portfolio of projects in Guyana, Suriname, and French Guiana.

Shares in Reunion Gold (RGD) are up 13.79 per cent, trading at $0.165 per share as of 2:27 pm EST.

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