(GLOBE NEWSWIRE via COMTEX) --
QUEBEC CITY, July 10, 2025 (GLOBE NEWSWIRE) -- West African gold producer and developer Robex Resources Inc ("Robex" or the "Company") (ASX: RXR | TSX-V: RBX | OTC: RSRBF | Borse Frankfurt: RB4) is pleased to report results from the Mansounia grade control drilling for its Kiniero Gold Project in Guinea, West Africa. Robex is on track to deliver first gold at Kiniero in Q4 2025.
Highlights
- Robex has received initial results from the ongoing pre-production grade control drilling program at Mansounia.
- The program is designed to infill resource estimation drilling, enhancing geological confidence ahead of the planned first gold pour in Q4 2025.
- Drilling has targeted areas within the proposed open pit design, focusing on zones identified for early-stage mining.
- The majority of assays received to date are from the southwest portion of the Mansounia ore body, demonstrating strong mineral continuity.
- Significant intercepts from the drilling results include:
19m @ 2.10g/t Au from 23m in MGC25-10036 16m @ 2.84g/t Au from 27m in MGC25-10152
15m @ 2.42g/t Au from 18m in MGC25-10144 11m @ 3.27g/t Au from 8m in MGC25-10157
14m @ 11.40g/t Au from 9m in MGC25-10172 13m @ 2.02g/t Au from 20m in MGC25-10161
18m @ 2.49g/t Au from 14m in MGC25-10213 14m @ 2.71g/t Au from 4m in MGC25-10177
12m @ 2.71g/t Au from 33m in MGC25-10319 12m @ 2.25g/t Au from 11m in MGC25-10205
26m @ 2.09g/t Au from 32m in MGC25-10409 24m @ 2.90g/t Au from 16m in MGC25-10255
11m @ 3.35g/t Au from 11m in MGC25-10464 26m @ 2.06g/t Au from 16m in MGC25-10350
7m @ 9.24g/t Au from 4m in MGC25-20165 29m @ 2.35g/t Au from 5m in MGC25-10361
11m @ 3.03g/t Au from 35m in MGC25-10102 8m @ 11.03g/t Au from 25m in MGC25-10127
- Drilling at Mansounia is ongoing with 61,700 metres complete; further assays will be reported as they are received.
- On 9th July 2025, the Company secured an amendment to its US$130 million Facility Agreement with Sprott, releasing US$25 million from the Cash Sweep Account to fund construction of the Kiniero project. This is a positive development for the Company's Guinean operations.
Robex's Managing Director and CEO Matt Wilcox commented: "We are pleased to report strong gold grades from this round of grade control drilling which adds further confidence to the mining proposition at Mansounia. The mineralised zones and grades defined by our grade control programs are confirming our expectations of the Mansounia deposit."
Mansounia Pre-Production Grade Control Drilling Program
Robex is undertaking a pre-production grade control drilling program at Mansounia to infill resource estimation drilling ahead of mining in Q4 2025. A total of 1605 inclined grade control drill holes for 66,000m have been designed to test and better delineate grade below the lateritic cap rock.
The drilling was designed to cover the initial three months of mining the Mansounia pit design area to depths of 30m to 50m. Figure 1 illustrates the overall site layout of the Kiniero Project, and Figure 2 illustrates the distribution of RC drillhole collars from the grade control program over the Mansounia Deposit (Phase 1), including both those with received assay results and those still pending. The assay results received to date are from the first 50% of the holes designed. The remainder of these holes will be completed and reported over the course of the rest of the year.
Figure 1. Kiniero Site Layout
Figure 2. Grade Control RC Drillhole Collars over the Mansounia Deposit for Initial 3 Months of Mining
The assay results received to date are largely consistent with expectations based on the Mansounia resource block model. Preliminary visual analyses of the plotted assay data on cross-sections indicate that the mineralised zones encountered in the GC drilling correspond closely in both grade and spatial distribution with the resource block model. To demonstrate this strong correlation, several representative sections are provided from Figure 3 to Figure 7.
Figure 3. Cross-Section AB - Mansounia GC Drilling Assay vs Mansounia resource block model
Figure 4. Cross-Section CD - Mansounia GC Drilling Assay vs Mansounia resource block model
Figure 5. Cross-Section EF - Mansounia GC Drilling Assay vs Mansounia resource block model
Figure 6. Cross-Section GH - Mansounia GC Drilling Assay vs Mansounia resource block model
Figure 7. Cross- Section IJ - Mansounia GC Drilling Assay vs Mansounia resource block model
As shown in Table 1, significant intercepts (Au > 0.3 ppm) from the grade control drilling campaign at the Mansounia Deposit further support these results, with associated drillhole details including collar coordinates, depth, and orientation.
Kiniero Project Sprott Facility Agreement Update - US$25 million Cash Sweep Released
On 2 March 2025, Sycamore Mine Guinee-Sau as borrower (the Borrower), the Company, Sycamore Capital CY Ltd and Sycamore Mining Ltd (the Guarantors, together with the Borrower, the Obligors) entered into a syndicated facility agreement with, amongst others, Sprott Resource Lending (US Manager) Corp. as agent and lead arranger (Agent), and CSC Nominees Australia Pty Ltd as security trustee. This syndicated facility agreement was subsequently amended and restated on 13 March 2025 and on 29 May 2025 (the Facility Agreement).
The Facility Agreement establishes a credit facility of up to US$130 million available to the Borrower in connection with the construction and development of the Kiniero Project. Utilisation by the Company of the facility after the initial drawdown is conditional on certain conditions precedent (Utilisation CPs). One of the Utilisation CPs is that the Borrower obtains the Mansounia Exploitation Permits.
Under the Facility Agreement, the Agent has the right to withdraw all or some of the proceeds deposited by the Company in a cash sweep account (the Cash Sweep Account) of US$25 million (the Cash Sweep Amount) if the Mansounia Exploitation Permits are not granted to the Company by 15 June 2025 (the Satisfaction Date). The Cash Sweep Account was funded from proceeds from the Robex ASX Initial Public Offering. The Mansounia Exploitation Permits have not been formally granted, and the Company is currently waiting for these Permits to be approved by the Guinean President. The Company's application was confirmed as complete and compliant by the Guinean Minister of Mines on 7 March 2025, and the Company understands that the Mansounia Exploitation Permits will be issued in the near future. The Agent did not exercise its rights to the Cash Sweep Amount on the Satisfaction Date.
On 9th July 2025, the parties to the Facility Agreement agreed to amend the Facility Agreement to remove the Agent's rights to exercise the cash sweep and to release the Cash Sweep Amount to the Company to fund construction expenditure for the Kiniero Project.
The release of the Cash Sweep Amount to the Company is a positive development for its Guinean operations.
Competent Person's Statement
Information in this Announcement that relates to exploration results is based on, and fairly represents, information and supporting documentation prepared by Mr. Amir Adeli, a Competent Person who is a Member of the Australian Institute of Mining and Metallurgy. Mr Adeli has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a 'Competent Person' as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves' (JORC Code). Mr Adeli is an employee of Robex Resources Management Limited and consents to the inclusion in this announcement of all technical statements based on his information in the form and context in which it appears.
Mineral Resources, Ore Reserves and Production Targets
The Company's estimate of Ore Reserves and the production target for the Kiniero Project (including the Mansounia Deposit) and the Company's estimate of Mineral Resources for the Group are set out in the Company's Replacement Prospectus dated 6 May 2025 and lodged with ASX on 3 June 2026 (the "Replacement Prospectus"). The Company confirms it is not aware of any new information or data that materially affects that information as set out in that announcement and that all material assumptions and technical parameters underpinning the estimates of Mineral Resources for the Group and Ore Reserves for the Kiniero Project and all the material assumptions underpinning the production target and forecast financial information derived from it continue to apply and have not materially changed.
Past Exploration results and Mineral Resource Estimates reported in this announcement were previously prepared and disclosed by Robex in accordance with JORC Code. The Company confirms that it is not aware of any new information or data that materially affects the information included in these market announcements. The Company confirms that the form and content in which the Competent Person's findings are presented here have not been materially modified from the original market announcement, and all material assumptions and technical parameters underpinning Mineral Resource Estimates in the relevant market announcement continue to apply and have not materially changed. Refer to www.robexgold.com for details on past exploration results and Mineral Resource Estimates.
Appendix 1: GC Drilling Results
Table 1. Significant Intercepts (>0.3 ppm Au) from the GC Drilling Campaign - Mansounia Deposit
Hole ID From To Interval Au g/t Dip Azi EOH Easting Northing RL
MGC25-10001 1 3 2 0.42 -50 310 24 412927.8 1148029 508.283
MGC25-10001 5 8 3 0.403
MGC25-10001 11 13 2 0.385
MGC25-10001 15 19 4 0.568
MGC25-10001 22 24 2 0.355
MGC25-10002 0 13 13 0.458 -50 310 24 412922.5 1148034 509.175
MGC25-10002 19 21 2 0.355
MGC25-10003 0 10 10 0.663 -50 310 26 412922.8 1148034 509.103
MGC25-10003 13 15 2 0.39
MGC25-10003 20 22 2 0.632
MGC25-10003 25 26 1 0.71
MGC25-10004 1 14 13 0.565 -50 310 26 412916.6 1148038 510.1
MGC25-10004 21 25 4 0.488
MGC25-10005 0 7 7 0.383 -50 310 28 412910.8 1148043 511.017
MGC25-10005 9 13 4 0.4
MGC25-10005 19 22 3 1.077
MGC25-10005 27 28 1 0.61
MGC25-10006 0 12 12 0.622 -50 310 29 412906.4 1148047 511.955
MGC25-10006 15 18 3 0.473
MGC25-10007 0 2 2 0.41 -50 310 30 412900.1 1148054 513.375
MGC25-10007 4 13 9 0.778
MGC25-10007 20 21 1 0.96
MGC25-10008 0 12 12 0.686 -50 310 32 412894.9 1148059 514.305
MGC25-10009 0 1 1 0.67 -50 310 34 412889.9 1148063 515.214
MGC25-10009 5 15 10 0.735
MGC25-10009 24 28 4 0.352
MGC25-10009 32 34 2 0.68
MGC25-10010 0 13 13 0.628 -50 310 35 412884.4 1148068 515.947
MGC25-10010 18 19 1 0.37
MGC25-10010 21 23 2 0.825
MGC25-10010 27 34 7 0.536
MGC25-10011 0 12 12 0.773 -50 310 36 412878.9 1148074 516.594
MGC25-10011 15 28 13 0.556
MGC25-10011 34 36 2 0.565
MGC25-10012 1 24 23 0.855 -50 310 37 412873.3 1148078 517.255
MGC25-10012 26 37 11 0.573
MGC25-10013 1 2 1 0.37 -50 310 37 412868.2 1148083 517.745
MGC25-10013 6 20 14 0.873
MGC25-10013 25 30 5 0.794
MGC25-10013 32 37 5 0.476
MGC25-10014 0 1 1 0.33 -50 310 37 412863.2 1148088 518.552
MGC25-10014 4 31 27 1.221
MGC25-10014 34 37 3 1.03
MGC25-10015 0 1 1 0.45 -50 310 40 412856.1 1148094 520.219
MGC25-10015 4 40 36 1.892
MGC25-10016 0 42 42 1.251 -50 310 42 412851.1 1148098 521.327
MGC25-10017 1 44 43 1.116 -50 310 44 412843.6 1148103 522.913
MGC25-10018 0 25 25 0.705 -50 310 46 412838.2 1148108 524.342
MGC25-10018 29 41 12 0.823
MGC25-10019 0 15 15 0.683 -50 310 48 412828.1 1148117 526.429
MGC25-10019 17 24 7 0.62
MGC25-10019 26 27 1 0.48
MGC25-10019 33 48 15 1.515
MGC25-10020 1 6 5 0.41 -50 310 22 412940.9 1148035 506.364
MGC25-10020 8 19 11 0.406
MGC25-10021 0 15 15 0.511 -50 310 23 412932.3 1148037 507.56
Table 1 continued. Significant Intercepts (>0.3 ppm Au) from the GC Drilling Campaign - Mansounia Deposit
Hole ID From To Interval Au g/t Dip Azi EOH Easting Northing RL
MGC25-10021 20 21 1 0.3
MGC25-10022 0 9 9 0.486 -50 310 24 412927.2 1148041 508.246
MGC25-10022 13 14 1 0.5
MGC25-10022 17 20 3 0.417
MGC25-10022 22 23 1 0.4
MGC25-10023 0 10 10 0.434 -50 310 25 412921.9 1148045 508.848
MGC25-10023 15 17 2 0.425
MGC25-10023 20 21 1 0.64
MGC25-10023 24 25 1 0.44
MGC25-10024 0 11 11 0.516 -50 310 26 412915.9 1148050 509.942
MGC25-10024 21 26 5 2.294
MGC25-10025 0 11 11 0.566 -50 310 27 412910.7 1148054 511.196
MGC25-10025 14 16 2 0.965
MGC25-10026 1 10 9 0.444 -50 310 28 412905.3 1148059 511.944
MGC25-10026 12 13 1 0.42
MGC25-10026 15 17 2 0.52
MGC25-10027 0 13 13 0.555 -50 310 30 412899.2 1148064 512.954
MGC25-10028 0 17 17 0.597 -50 310 31 412894.5 1148068 513.777
MGC25-10028 30 31 1 0.32
MGC25-10029 0 15 15 0.64 -50 310 32 412889.3 1148073 514.782
MGC25-10029 19 21 2 0.98
MGC25-10029 25 26 1 0.44
MGC25-10029 30 32 2 0.582
MGC25-10030 0 14 14 0.45 -50 310 34 412884.5 1148078 515.404
MGC25-10030 16 25 9 0.452
MGC25-10030 28 34 6 0.392
MGC25-10031 0 4 4 0.56 -50 310 35 412879.9 1148082 515.869
MGC25-10031 6 24 18 0.603
MGC25-10031 28 35 7 0.631
MGC25-10032 3 21 18 0.957 -50 310 34 412874.2 1148086 516.814
MGC25-10032 23 31 8 0.655
MGC25-10032 33 34 1 0.7
MGC25-10033 3 18 15 0.881 -50 310 36 412862.2 1148095 518.712
MGC25-10033 22 36 14 0.804
MGC25-10034 0 30 30 1.257 -50 310 38 412858 1148095 519.601
MGC25-10034 34 38 4 1.245
MGC25-10035 0 40 40 1.268 -50 310 40 412857.3 1148099 520.232
MGC25-10036 0 42 42 1.58 -50 310 42 412851.4 1148104 521.786
MGC25-10037 1 44 43 1.078 -50 310 44 412845 1148109 523.354
MGC25-10038 0 28 28 0.834 -50 310 46 412838.8 1148114 524.824
MGC25-10038 30 36 6 0.685
MGC25-10038 39 40 1 0.47
MGC25-10038 43 46 3 0.48
MGC25-10039 0 12 12 0.502 -50 310 22 412936.7 1148039 506.858
MGC25-10039 14 15 1 0.61
MGC25-10040 0 18 18 0.546 -50 310 22 412932.5 1148044 507.278
MGC25-10040 21 22 1 0.93
MGC25-10041 0 18 18 0.473 -50 310 23 412928.3 1148048 507.853
MGC25-10041 22 23 1 0.49
MGC25-10042 0 11 11 0.478 -50 310 24 412922.5 1148054 508.716
MGC25-10042 15 16 1 0.355
MGC25-10042 17 19 2 0.38
MGC25-10042 21 22 1 0.45
MGC25-10043 1 9 8 0.52 -50 310 25 412917 1148059 509.686
MGC25-10043 11 13 2 0.38
MGC25-10043 19 21 2 0.49
Table 1 continued. Significant Intercepts (>0.3 ppm Au) from the GC Drilling Campaign - Mansounia Deposit
Hole ID From To Interval Au g/t Dip Azi EOH Easting Northing RL
MGC25-10043 24 25 1 0.33
MGC25-10044 0 6 6 0.492 -50 310 26 412910.9 1148065 510.285
MGC25-10044 9 14 5 0.376
MGC25-10044 16 20 4 0.325
MGC25-10045 1 12 11 0.406 -50 310 27 412905.8 1148071 510.963
MGC25-10045 21 22 1 0.55
MGC25-10045 25 27 2 0.785
MGC25-10046 0 15 15 0.585 -50 310 29 412899.9 1148077 512.07
MGC25-10046 23 27 4 0.397
MGC25-10047 1 9 8 0.564 -50 310 30 412896.4 1148080 512.657
MGC25-10047 12 13 1 0.35
MGC25-10047 15 23 8 0.434
MGC25-10047 26 30 4 0.63
MGC25-10048 0 13 13 0.549 -50 310 31 412887.8 1148089 513.898
MGC25-10048 17 18 1 0.64
MGC25-10048 25 29 4 0.37
MGC25-10049 1 20 19 0.724 -50 310 32 412884.6 1148086 514.684
MGC25-10049 22 24 2 0.515
MGC25-10049 26 32 6 0.79
MGC25-10050 0 1 1 0.37 -50 310 33 412880 1148092 515.645
MGC25-10050 5 33 28 0.606
MGC25-10051 2 15 13 0.838 -50 310 36 412877.9 1148098 516.023
MGC25-10051 17 34 17 0.685
MGC25-10052 4 19 15 0.59 -50 310 38 412869 1148099 517.904
MGC25-10052 24 38 14 0.924
MGC25-10053 1 2 1 0.34 -50 310 20 412947.3 1148043 505.216
MGC25-10053 4 12 8 0.582
MGC25-10053 14 15 1 0.39
MGC25-10054 0 1 1 0.36 -50 310 22 412942 1148047 505.728
MGC25-10054 2 3 1 0.36
MGC25-10054 5 13 8 0.596
MGC25-10054 18 22 4 0.45
MGC25-10055 0 13 13 0.551 -50 310 22 412936.2 1148053 506.549
MGC25-10055 16 19 3 0.34
MGC25-10056 0 7 7 0.763 -50 310 22 412932 1148056 506.846
MGC25-10056 9 10 1 0.51
MGC25-10056 13 15 2 0.775
MGC25-10057 2 4 2 0.33 -50 310 24 412925.8 1148062 507.73
MGC25-10057 7 9 2 0.345
MGC25-10057 14 20 6 0.818
MGC25-10058 0 3 3 0.433 -50 310 26 412913.5 1148073 509.191
MGC25-10058 7 18 11 0.507
MGC25-10058 20 21 1 1.48
MGC25-10058 24 25 1 0.58
MGC25-10059 7 10 3 0.443 -50 310 27 412907 1148079 510.56
MGC25-10059 22 27 5 0.442
MGC25-10060 0 2 2 0.47 -50 310 30 412896.7 1148086 512.406
MGC25-10060 4 12 8 0.591
MGC25-10060 14 15 1 0.43
MGC25-10060 17 18 1 0.31
MGC25-10060 21 25 4 0.572
MGC25-10060 28 30 2 0.685
MGC25-10061 0 1 1 0.35 -50 310 31 412893.2 1148091 513.102
MGC25-10061 4 7 3 0.603
MGC25-10061 10 15 5 0.438
MGC25-10061 18 22 4 0.442
Table 1 continued. Significant Intercepts (>0.3 ppm Au) from the GC Drilling Campaign - Mansounia Deposit
Hole ID From To Interval Au g/t Dip Azi EOH Easting Northing RL
MGC25-10061 26 28 2 0.855
MGC25-10061 30 31 1 0.91
MGC25-10062 2 8 6 0.425 -50 310 34 412883.3 1148096 515.015
MGC25-10062 10 13 3 0.583
MGC25-10062 17 19 2 0.43
MGC25-10062 21 23 2 0.41
MGC25-10062 27 34 7 0.726
MGC25-10063 0 2 2 0.54 -50 310 19 412953.8 1148049 504.064
MGC25-10063 4 13 9 0.6
MGC25-10063 15 19 4 0.72
MGC25-10064 1 21 20 0.771 -50 310 21 412945.3 1148057 505.087
MGC25-10065 0 4 4 0.588 -50 310 21 412938.4 1148063 505.893
MGC25-10065 6 14 8 0.57
MGC25-10066 0 2 2 0.355 -50 310 23 412929.2 1148068 507.346
MGC25-10066 5 10 5 0.736
MGC25-10066 12 13 1 0.3
MGC25-10066 14 17 3 0.357
MGC25-10067 0 5 5 0.41 -50 310 24 412921.9 1148073 508.215
MGC25-10067 7 16 9 0.609
MGC25-10068 0 1 1 0.47 -50 310 25 412916.3 1148078 509.096
MGC25-10068 6 13 7 0.557
MGC25-10068 16 19 3 0.547
MGC25-10069 0 2 2 0.435 -50 310 26 412909.5 1148082 510.662
MGC25-10069 6 12 6 0.483
MGC25-10069 17 18 1 0.57
MGC25-10069 20 25 5 0.492
MGC25-10070 0 4 4 0.633 -50 310 28 412905.3 1148087 511.067
MGC25-10070 6 27 21 0.525
MGC25-10071 3 8 5 0.384 -50 310 30 412903.5 1148091 511.845
MGC25-10071 10 13 3 0.34
MGC25-10071 16 26 10 0.669
MGC25-10072 0 26 26 0.525 -50 310 32 412898.2 1148098 513.399
MGC25-10072 30 31 1 0.81
MGC25-10073 1 11 10 0.452 -50 310 34 412888 1148102 515.303
MGC25-10073 13 20 7 0.75
MGC25-10073 22 28 6 1.235
MGC25-10073 30 32 2 0.405
MGC25-10074 0 14 14 0.601 -50 310 36 412884.1 1148108 516.923
MGC25-10074 18 36 18 0.754
MGC25-10075 0 17 17 0.564 -50 310 18 412958.8 1148054 503.43
MGC25-10076 0 10 10 0.63 -50 310 18 412951.4 1148060 504.366
MGC25-10076 12 18 6 1.64
MGC25-10077 1 17 16 0.881 -50 310 20 412944.8 1148066 505.291
MGC25-10077 19 20 1 0.3
MGC25-10078 0 9 9 0.493 -50 310 20 412939.6 1148070 506.143
MGC25-10078 11 12 1 0.35
MGC25-10078 18 20 2 0.575
MGC25-10079 0 2 2 0.3 -50 310 22 412933.9 1148075 507.188
MGC25-10079 7 13 6 0.532
MGC25-10079 21 22 1 1.5
MGC25-10080 0 1 1 0.43 -50 310 23 412927.6 1148080 508.477
MGC25-10080 8 17 9 0.567
MGC25-10080 19 20 1 0.7
MGC25-10081 0 4 4 0.396 -50 310 25 412921.6 1148085 509.492
MGC25-10081 6 7 1 0.35
MGC25-10081 9 18 9 0.712
Table 1 continued. Significant Intercepts (>0.3 ppm Au) from the GC Drilling Campaign - Mansounia Deposit
Hole ID From To Interval Au g/t Dip Azi EOH Easting Northing RL
MGC25-10081 21 25 4 0.918
MGC25-10082 0 19 19 0.537 -50 310 27 412915.8 1148090 510.537
MGC25-10082 22 27 5 0.42
MGC25-10083 0 27 27 0.576 -50 310 28 412910.8 1148094 511.83
MGC25-10084 0 9 9 0.631 -50 310 30 412906.4 1148098 512.72
MGC25-10084 11 25 14 0.815
MGC25-10084 28 29 1 0.62
MGC25-10085 0 20 20 0.533 -50 310 32 412893.5 1148108 515.824
MGC25-10085 22 23 1 0.86
MGC25-10085 26 32 6 0.63
MGC25-10086 0 13 13 0.558 -50 310 17 412964.1 1148060 503.006
MGC25-10086 15 17 2 0.61
MGC25-10087 0 10 10 0.829 -50 310 19 412953.4 1148069 504.575
MGC25-10087 14 16 2 1.05
MGC25-10088 0 12 12 0.727 -50 310 20 412950 1148069 504.933
MGC25-10088 19 20 1 0.68
MGC25-10089 0 12 12 0.38 -50 310 21 412944.8 1148076 505.897
MGC25-10089 14 20 6 7.925
MGC25-10090 0 1 1 0.6 -50 310 23 412937.6 1148081 507.334
MGC25-10090 3 14 11 0.532
MGC25-10090 17 21 4 1.922
MGC25-10091 1 14 13 0.715 -50 310 24 412932.5 1148085 508.381
MGC25-10091 20 23 3 1.047
MGC25-10092 1 18 17 0.581 -50 310 25 412926.4 1148090 509.384
MGC25-10092 20 25 5 1.132
MGC25-10093 0 26 26 0.714 -50 310 26 412921.5 1148094 510.634
MGC25-10094 0 12 12 0.638 -50 310 28 412915.9 1148098 511.975
MGC25-10094 14 19 5 1.6
MGC25-10094 23 28 5 0.674
MGC25-10095 0 30 30 0.584 -50 310 30 412911.7 1148101 513.017
MGC25-10096 0 23 23 1.691 -50 310 32 412906.2 1148105 514.126
MGC25-10096 25 32 7 0.567
MGC25-10097 0 18 18 0.672 -50 310 34 412899.8 1148110 515.591
MGC25-10097 21 34 13 1.753
MGC25-10098 0 23 23 1.207 -50 310 37 412894.3 1148115 517.053
MGC25-10098 30 37 7 1.126
MGC25-10099 0 27 27 1.046 -50 310 40 412889 1148119 518.881
MGC25-10099 32 40 8 1.764
MGC25-10100 0 34 34 1.357 -50 310 42 412883.9 1148124 520.469
MGC25-10100 37 42 5 1.214
MGC25-10101 0 37 37 0.956 -50 310 44 412878 1148129 521.773
MGC25-10101 41 43 2 0.795
MGC25-10102 0 12 12 1.262 -50 310 46 412872.3 1148134 523.527
MGC25-10102 15 46 31 1.844
MGC25-10103 0 45 45 1.402 -50 310 46 412864.8 1148140 525.16
MGC25-10104 0 48 48 1.009 -50 310 48 412858.6 1148145 526.043
MGC25-10105 0 13 13 1.476 -50 310 48 412853.1 1148150 526.484
MGC25-10105 16 46 30 0.766
MGC25-10106 0 48 48 1.092 -50 310 48 412847.7 1148155 526.42
MGC25-10107 0 47 47 0.783 -50 310 47 412842.7 1148161 525.92
MGC25-10108 36 37 1 0.96 -50 310 41 412789.5 1148206 521.64
MGC25-10108 39 41 2 0.898
MGC25-10109 13 14 1 0.3 -50 310 40 412794.6 1148201 521.449
MGC25-10109 25 31 6 1.59
MGC25-10110 0 2 2 0.32 -50 310 40 412800.2 1148196 521.455
MGC25-10110 16 19 3 0.42
Table 1 continued. Significant Intercepts (>0.3 ppm Au) from the GC Drilling Campaign - Mansounia Deposit
Hole ID From To Interval Au g/t Dip Azi EOH Easting Northing RL
MGC25-10110 23 24 1 0.3
MGC25-10111 0 2 2 0.36 -50 310 42 412805.4 1148192 521.7
MGC25-10111 6 9 3 0.927
MGC25-10111 12 31 19 0.709
MGC25-10111 33 34 1 0.3
MGC25-10112 0 1 1 0.78 -50 310 42 412784 1148200 522.169
MGC25-10112 7 11 4 0.415
MGC25-10112 24 29 5 0.916
MGC25-10112 40 41 1 0.31
MGC25-10113 0 1 1 0.35 -50 310 42 412789.8 1148195 522.157
MGC25-10113 30 31 1 1.15
MGC25-10113 36 41 5 0.314
MGC25-10114 0 1 1 0.37 -50 310 44 412795.4 1148190 522.556
MGC25-10114 17 18 1 0.31
MGC25-10114 27 28 1 0.745
MGC25-10114 30 35 5 0.458
MGC25-10115 21 42 21 0.835 -50 310 42 412800.4 1148186 522.755
MGC25-10116 0 2 2 0.4 -50 310 44 412806.6 1148181 523.078
MGC25-10116 14 15 1 0.33
MGC25-10116 17 43 26 1.153
MGC25-10117 0 8 8 0.821 -50 310 44 412813.4 1148176 523.537
MGC25-10117 14 20 6 0.965
MGC25-10117 23 37 14 1.191
MGC25-10117 39 43 4 0.778
MGC25-10118 0 18 18 0.907 -50 310 46 412819 1148171 524.892
MGC25-10118 25 46 21 1.612
MGC25-10119 0 32 32 0.986 -50 310 47 412824.3 1148166 526.104
MGC25-10119 34 35 1 0.36
MGC25-10119 37 47 10 0.755
MGC25-10120 0 17 17 1.238 -50 310 49 412830 1148162 527.059
MGC25-10120 19 48 29 0.704
MGC25-10121 0 19 19 0.656 -50 310 50 412835.8 1148157 527.78
MGC25-10121 21 33 12 0.914
MGC25-10121 35 50 15 0.969
MGC25-10122 0 23 23 0.721 -50 310 50 412842 1148151 528.093
MGC25-10122 25 27 2 0.56
MGC25-10122 30 50 20 0.56
MGC25-10123 2 30 28 1.183 -50 310 49 412847.6 1148146 527.739
MGC25-10123 33 41 8 0.837
MGC25-10123 45 49 4 0.48
MGC25-10124 0 16 16 1.293 -50 310 48 412853.9 1148141 526.957
MGC25-10124 18 27 9 0.836
MGC25-10124 29 39 10 0.886
MGC25-10124 41 42 1 0.39
MGC25-10124 46 47 1 0.65
MGC25-10125 0 37 37 1.159 -50 310 46 412859.5 1148136 525.382
MGC25-10125 40 46 6 1.608
MGC25-10126 0 46 46 1.255 -50 310 46 412864.5 1148132 524.141
MGC25-10127 0 43 43 2.851 -50 310 44 412870.9 1148127 522.725
MGC25-10128 0 36 36 1.653 -50 310 40 412876.8 1148123 521.212
MGC25-10128 39 40 1 0.32
MGC25-10129 0 10 10 0.86 -50 310 38 412882.5 1148118 519.257
MGC25-10129 12 28 16 0.715
MGC25-10129 31 38 7 1.496
MGC25-10130 0 12 12 0.872 -50 310 36 412887.9 1148113 517.548
MGC25-10130 14 25 11 1.024
Table 1 continued. Significant Intercepts (>0.3 ppm Au) from the GC Drilling Campaign - Mansounia Deposit
Hole ID From To Interval Au g/t Dip Azi EOH Easting Northing RL
MGC25-10130 29 36 7 0.914
MGC25-10131 0 12 12 0.698 -50 310 34 412893.5 1148108 515.82
MGC25-10131 16 18 2 0.34
MGC25-10131 25 34 9 1.023
MGC25-10132 0 18 18 1.155 -50 310 47 412835.5 1148168 525.66
MGC25-10132 20 47 27 1.009
MGC25-10133 0 45 45 0.948 -50 310 45 412829.4 1148173 525.165
MGC25-10134 2 43 41 0.966 -50 310 44 412824.3 1148177 524.437
MGC25-10135 1 42 41 1.166 -50 310 42 412818 1148182 523.359
MGC25-10136 0 4 4 0.48 -50 310 42 412812.4 1148186 522.174
MGC25-10136 8 14 6 2.658
MGC25-10136 18 36 18 2.677
MGC25-10136 38 42 4 2.668
MGC25-10137 3 4 1 0.31 -50 310 44 412779.8 1148195 523.445
MGC25-10137 5 6 1 0.35
MGC25-10137 27 28 1 0.31
MGC25-10137 39 44 5 0.914
MGC25-10138 0 1 1 0.35 -50 310 44 412785.3 1148190 523.4
MGC25-10138 29 30 1 0.35
MGC25-10138 36 37 1 0.79
MGC25-10138 39 44 5 0.978
MGC25-10139 19 20 1 1.56 -50 310 44 412790.8 1148185 523.687
MGC25-10139 32 33 1 0.46
MGC25-10139 36 39 3 0.713
MGC25-10139 43 44 1 0.67
MGC25-10140 0 2 2 0.595 -50 310 44 412796.5 1148180 523.986
MGC25-10140 25 35 10 1.749
MGC25-10140 39 43 4 4.755
MGC25-10141 3 9 6 0.955 -50 310 46 412802.7 1148175 524.391
MGC25-10141 12 13 1 0.41
MGC25-10141 18 46 28 1.153
MGC25-10142 0 46 46 0.976 -50 310 46 412807.9 1148171 525.073
MGC25-10143 0 9 9 1.221 -50 310 46 412812.9 1148166 525.792
MGC25-10143 11 25 14 1.014
MGC25-10143 28 30 2 2.92
MGC25-10143 33 46 13 1.06
MGC25-10144 0 48 48 1.431 -50 310 49 412819 1148161 527.164
MGC25-10145 0 2 2 0.58 -50 310 51 412824.9 1148156 528.181
MGC25-10145 4 11 7 0.827
MGC25-10145 14 17 3 0.428
MGC25-10145 19 34 15 0.663
MGC25-10145 36 51 15 1.06
MGC25-10146 0 18 18 0.811 -50 310 52 412830.9 1148151 528.592
MGC25-10146 20 52 32 0.736
MGC25-10147 0 51 51 0.902 -50 310 51 412837.5 1148147 528.612
MGC25-10148 0 47 47 1.123 -50 310 50 412843 1148141 527.888
MGC25-10148 49 50 1 0.58
MGC25-10149 0 44 44 0.721 -50 310 49 412848.6 1148136 527.082
MGC25-10149 47 48 1 0.37
MGC25-10150 0 44 44 0.979 -50 310 47 412848.5 1148136 527.083
MGC25-10151 0 15 15 1.209 -50 310 45 412860.1 1148127 523.703
MGC25-10151 19 45 26 1.002
MGC25-10152 0 43 43 1.611 -50 310 43 412865.7 1148122 522.254
MGC25-10153 0 32 32 1.393 -50 310 41 412871.6 1148117 520.632
MGC25-10153 36 41 5 1.178
MGC25-10154 0 10 10 0.761 -50 310 38 412877.3 1148112 518.843
Table 1 continued. Significant Intercepts (>0.3 ppm Au) from the GC Drilling Campaign - Mansounia Deposit
Hole ID From To Interval Au g/t Dip Azi EOH Easting Northing RL
MGC25-10154 12 13 1 0.62
MGC25-10154 15 16 1 0.38
MGC25-10154 19 27 8 2.845
MGC25-10154 30 38 8 3.82
MGC25-10155 0 4 4 0.54 -50 310 47 412833.3 1148112 525.369
MGC25-10155 7 28 21 0.796
MGC25-10155 32 33 1 0.3
MGC25-10155 36 37 1 0.33
MGC25-10155 39 47 8 1.126
MGC25-10156 1 2 1 0.3 -50 310 20 412945.3 1148057 505.062
MGC25-10156 4 20 16 0.901
MGC25-10157 0 1 1 0.6 -50 310 50 412818.7 1148123 528.053
MGC25-10157 4 25 21 2.145
MGC25-10157 27 36 9 0.527
MGC25-10157 38 41 3 0.37
MGC25-10157 43 50 7 0.861
MGC25-10158 0 15 15 0.442 -50 310 52 412812.6 1148128 529.087
MGC25-10158 22 50 28 0.825
MGC25-10159 0 12 12 0.612 -50 310 53 412807 1148132 530.092
MGC25-10159 15 17 2 0.452
MGC25-10159 19 25 6 0.605
MGC25-10159 27 45 18 0.568
MGC25-10159 48 52 4 0.522
MGC25-10160 0 54 54 0.945 -50 310 54 412800.6 1148138 530.332
MGC25-10161 0 4 4 0.679 -50 310 55 412795 1148143 530.367
MGC25-10161 10 11 1 1.37
MGC25-10161 13 16 3 1.303
MGC25-10161 19 48 29 1.412
MGC25-10161 50 51 1 0.39
MGC25-10161 54 55 1 0.62
MGC25-10162 0 14 14 0.743 -50 310 55 412789.1 1148148 530.246
MGC25-10162 16 55 39 0.93
MGC25-10163 0 6 6 0.561 -50 310 54 412782.4 1148153 529.698
MGC25-10163 11 16 5 0.734
MGC25-10163 23 24 1 16.87
MGC25-10163 29 54 25 1.176
MGC25-10164 0 9 9 0.898 -50 310 54 412776.4 1148158 529.161
MGC25-10164 24 25 1 0.33
MGC25-10164 28 51 23 1.388
MGC25-10165 29 45 16 0.552 -50 310 52 412770.9 1148162 528.529
MGC25-10166 0 3 3 0.503 -50 310 50 412765.2 1148167 528.199
MGC25-10166 35 36 1 0.37
MGC25-10166 41 45 4 0.52
MGC25-10167 0 3 3 0.383 -50 310 50 412759.8 1148172 528.054
MGC25-10167 35 37 2 0.765
MGC25-10167 41 42 1 1.27
MGC25-10167 46 47 1 0.51
MGC25-10168 2 4 2 0.31 -50 310 47 412764.4 1148177 527.341
MGC25-10168 13 14 1 1.11
MGC25-10168 27 28 1 0.4
MGC25-10168 42 45 3 0.5
MGC25-10169 0 3 3 0.357 -50 310 49 412770 1148173 527.385
MGC25-10169 18 19 1 0.5
MGC25-10169 21 22 1 0.43
MGC25-10169 32 33 1 0.77
MGC25-10169 45 46 1 0.41
Table 1 continued. Significant Intercepts (>0.3 ppm Au) from the GC Drilling Campaign - Mansounia Deposit
Hole ID From To Interval Au g/t Dip Azi EOH Easting Northing RL
MGC25-10170 1 2 1 0.31 -50 310 50 412776.7 1148168 527.763
MGC25-10170 18 24 6 0.922
MGC25-10170 35 36 1 0.53
MGC25-10171 0 2 2 0.43 -50 310 51 412782.2 1148163 528.36
MGC25-10171 18 19 1 0.3
MGC25-10171 20 22 2 0.36
MGC25-10171 31 39 8 0.584
MGC25-10171 47 48 1 0.34
MGC25-10171 50 51 1 1.09
MGC25-10172 0 6 6 0.842 -50 310 53 412788.2 1148158 529.009
MGC25-10172 8 49 41 4.443
MGC25-10172 52 53 1 0.92
MGC25-10173 0 7 7 1.98 -50 310 54 412794.3 1148153 529.515
MGC25-10173 9 54 45 1.15
MGC25-10174 0 1 1 0.35 -50 310 29 412900.6 1148079 511.749
MGC25-10174 4 11 7 0.534
MGC25-10174 14 15 1 0.57
MGC25-10174 23 24 1 0.37
MGC25-10174 26 29 3 0.527
MGC25-10175 0 4 4 0.708 -50 310 53 412798.6 1148149 529.778
MGC25-10175 6 12 6 3.3
MGC25-10175 14 53 39 0.846
MGC25-10176 0 53 53 1.267 -50 310 53 412804.8 1148144 530.042
MGC25-10177 0 41 41 1.398 -50 310 53 412810.9 1148139 529.916
MGC25-10177 45 50 5 0.788
MGC25-10178 6 11 5 0.392 -50 310 52 412816.3 1148134 529.353
MGC25-10178 22 52 30 1.061
MGC25-10179 1 9 8 0.336 -50 310 51 412822.2 1148129 528.275
MGC25-10179 11 13 2 0.495
MGC25-10179 20 51 31 0.909
MGC25-10180 0 2 2 0.425 -50 310 49 412828.3 1148124 527.205
MGC25-10180 4 12 8 0.896
MGC25-10180 14 15 1 0.92
MGC25-10180 17 24 7 1.059
MGC25-10180 26 29 3 0.517
MGC25-10180 34 49 15 1.147
MGC25-10181 0 2 2 0.605 -50 310 40 412863.7 1148105 519.769
MGC25-10181 5 31 26 1.589
MGC25-10181 34 40 6 1.262
MGC25-10182 0 42 42 1.367 -50 310 42 412857.9 1148110 521.549
MGC25-10183 0 39 39 1.276 -50 310 44 412851.1 1148116 523.38
MGC25-10183 42 44 2 0.95
MGC25-10184 2 45 43 0.918 -50 310 46 412845.4 1148120 524.936
MGC25-10185 0 26 26 0.99 -50 310 48 412839.4 1148125 526.447
MGC25-10185 28 44 16 1.134
MGC25-10185 47 48 1 0.44
MGC25-10186 0 13 13 0.97 -50 310 50 412833.1 1148130 527.731
MGC25-10186 17 36 19 0.847
MGC25-10186 39 50 11 1.707
MGC25-10187 0 15 15 0.503 -50 310 51 412827.5 1148134 528.777
MGC25-10187 20 25 5 0.731
MGC25-10187 27 33 6 0.522
MGC25-10187 35 39 4 0.458
MGC25-10187 41 51 10 1.226
MGC25-10188 0 13 13 0.342 -50 310 52 412821.4 1148139 529.558
MGC25-10188 15 51 36 0.951
Table 1 continued. Significant Intercepts (>0.3 ppm Au) from the GC Drilling Campaign - Mansounia Deposit
Hole ID From To Interval Au g/t Dip Azi EOH Easting Northing RL
MGC25-10189 0 3 3 0.47 -50 310 52 412815.4 1148145 529.355
MGC25-10189 5 8 3 0.713
MGC25-10189 10 51 41 1.214
MGC25-10190 0 19 19 1.629 -50 310 53 412809.4 1148150 528.903
MGC25-10190 21 51 30 1.101
MGC25-10191 0 2 2 0.535 -50 310 51 412803.6 1148154 528.527
MGC25-10191 5 8 3 1.033
MGC25-10191 13 20 7 0.983
MGC25-10191 23 49 26 1.377
MGC25-10192 0 9 9 0.637 -50 310 51 412797.9 1148159 528.38
MGC25-10192 11 40 29 1.107
MGC25-10192 42 51 9 0.992
MGC25-10193 0 37 37 0.963 -50 310 50 412792.7 1148164 528.196
MGC25-10193 39 49 10 0.982
MGC25-10194 0 4 4 0.54 -50 310 49 412786.7 1148169 527.478
MGC25-10194 9 16 7 1.09
MGC25-10194 18 21 3 1.267
MGC25-10194 28 31 3 2.66
MGC25-10194 42 44 2 1.34
MGC25-10194 46 48 2 0.33
MGC25-10195 1 2 1 0.35 -50 310 48 412780.9 1148174 526.787
MGC25-10195 11 12 1 4.61
MGC25-10195 38 40 2 0.62
MGC25-10196 0 3 3 0.66 -50 310 47 412775.1 1148178 526.363
MGC25-10196 42 47 5 0.468
MGC25-10197 -50 310 46 412770 1148183 526.165
MGC25-10198 0 3 3 0.443 -50 310 44 412774.1 1148189 524.884
MGC25-10198 10 14 4 0.977
MGC25-10198 41 42 1 0.38
MGC25-10199 3 4 1 0.8 -50 310 45 412780.1 1148184 524.829
MGC25-10199 7 8 1 0.44
MGC25-10199 11 14 3 0.69
MGC25-10199 41 42 1 0.31
MGC25-10200 0 2 2 0.435 -50 310 46 412785.2 1148180 525.381
MGC25-10200 8 9 1 0.4
MGC25-10200 39 40 1 0.42
MGC25-10201 0 1 1 0.4 -50 310 47 412791.3 1148174 526.18
MGC25-10201 7 9 2 1.025
MGC25-10201 13 17 4 0.45
MGC25-10201 28 32 4 0.408
MGC25-10201 44 47 3 0.577
MGC25-10202 0 33 33 1.017 -50 310 48 412801.7 1148165 526.574
MGC25-10202 36 48 12 0.449
MGC25-10203 1 6 5 0.82 -50 310 48 412801.7 1148165 526.559
MGC25-10203 8 48 40 1.112
MGC25-10204 0 37 37 0.777 -50 310 50 412809 1148160 527.208
MGC25-10204 39 48 9 1.639
MGC25-10205 0 7 7 0.846 -50 310 50 412814.4 1148155 527.973
MGC25-10205 11 50 39 1.499
MGC25-10206 0 11 11 0.705 -50 310 52 412820.4 1148150 528.943
MGC25-10206 13 27 14 1.494
MGC25-10206 29 49 20 0.957
MGC25-10206 51 52 1 1.61
MGC25-10207 0 12 12 0.679 -50 310 52 412826.3 1148145 529.367
MGC25-10207 21 36 15 0.585
MGC25-10207 38 52 14 0.698
Table 1 continued. Significant Intercepts (>0.3 ppm Au) from the GC Drilling Campaign - Mansounia Deposit
Hole ID From To Interval Au g/t Dip Azi EOH Easting Northing RL
MGC25-10208 0 51 51 0.892 -50 310 52 412833.1 1148140 529.078
MGC25-10209 0 47 47 0.841 -50 310 50 412838.8 1148135 527.918
MGC25-10210 0 21 21 0.929 -50 310 48 412843.9 1148131 526.964
MGC25-10210 23 47 24 0.999
MGC25-10211 0 12 12 0.962 -50 310 47 412849.2 1148126 525.511
MGC25-10211 14 47 33 0.779
MGC25-10212 0 44 44 1.242 -50 310 44 412855.4 1148121 523.983
MGC25-10213 0 42 42 1.782 -50 310 42 412861 1148116 522.137
MGC25-10214 0 15 15 1.499 -50 310 40 412867.1 1148111 520.262
MGC25-10214 18 32 14 1.831
MGC25-10214 36 40 4 1.865
MGC25-10215 0 24 24 0.598 -50 310 38 412872.2
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