(MENAFN- ProactiveInvestors - Australia) Canyon Resources (ASX: CAY) has intersected high grade gold at its Tao Project in Burkina Faso with a peak assay of 4 metres at 42.8 grams per tonne (g/t) gold from its recently completed drilling program.
Other notable results from the 3,058 metre reverse circulation drilling program over the Tondoby Prospect, which has a strike length of 3 kilometres, include 12 metres at 3.04g/t gold and 20 metres at 1.97g/t gold.
Drilling has also increased Canyon's understanding of the geological controls on mineralisation and gold lode geometries, identifying a pivot zone where the dip of the mineralised lodes changes orientation towards the west and an associated increase in grade.
This new understanding opens up additional areas for drill testing that may identify a high grade zone that was previously thought to be un-mineralised.
Additional reverse circulation drilling programs are being planned to further test this concept.
Canyon is also currently carrying out a rotary air blast drilling program testing the extensions of the mineralising structure to the south of the main Tondoby prospect.
This is designed to identify additional gold mineralisation along the Tondoby Shear and expand the magnitude and scope of the Tondoby gold prospect beyond the already identified 3 kilometres of mineralised strike length.
The highly prospective Tao project is close to Volta Resources' (TSX: VTR) 4.2 million ounce Kiaka project, Orezone Gold Corporation's 3.5 million ounce Bombore deposit and High River's 2 million ounce Taparko project.
The Tao project lies in the Gorouol Greenstone Belt which hosts the country's largest deposit, the major Essakane gold mine. Reverse circulation drilling done previously by Canyon at Tao has intersected high grade gold mineralisation including 8 metres at 30.4g/t and 8 metres at 10.31g/t.
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