SEMAFO: Maiden Inferred Resource at Bantou of 361,000 oz at 5.35 g/t Au

SEMAFO (TSX:SMF,OTCMKTS:SEMFF) today announced a maiden inferred mineral resource for the Bantou zone of 2,100,000 tonnes at 5.35 g/t Au for 361,000 ounces of gold. The Bantou zone is located approximately 170 kilometers south of the Mana mine in Burkina Faso.

As quoted in the press release:

Benoit Desormeaux, president and CEO, stated: “Congratulations to the exploration team for delivering the first of many important new discoveries and resource updates. Bantou is located within the prospective Houndé Greenstone Belt that hosts Mana and multiple other gold mines, and is an area we know well. We look forward to what the 2019 exploration program will bring in terms of resource growth.”

Click here for the full text release

Are gold stocks a good idea for 2019?

Get your free market forecast today

 

The post SEMAFO: Maiden Inferred Resource at Bantou of 361,000 oz at 5.35 g/t Au appeared first on Investing News Network.

Investing News Network

, , , , , ,

Comments are closed.