The company said all of the first 11 holes intersected “substantial gold mineralisation”, with a headline hit of 89m grading 1.02 grams per tonne.
The headline hit was made in an area where previous RC drilling had been carried out, while other hits came in areas where no previous drilling had been undertaken.
“The results to date are indicative of a large-scale gold mineralising system at Ianna capable of potentially yielding a multimillion-ounce disseminated and lode gold resource,” Alicanto said.
Multiple occurrences of visible gold were noted.
Additional drilling is planned in the current quarter.
Ianna is in Guyana’s Northwest Mining District,...