Best-ever Syama drill hit by Resolute beats Randgold and BHP

RESOLUTE Mining has claimed the highest-grade gold intersection ever drilled at the Syama project in Mali, beating any results recorded by the rigs of previous owners Randgold and BHP over a three-decade history.

Best-ever Syama drill hit by Resolute beats Randgold and BHP Best-ever Syama drill hit by Resolute beats Randgold and BHP Best-ever Syama drill hit by Resolute beats Randgold and BHP Best-ever Syama drill hit by Resolute beats Randgold and BHP Best-ever Syama drill hit by Resolute beats Randgold and BHP

The rigs are busy at Syama

The intercept of 5m grading 493 grams per tonne from 167m was from Tabakoroni, 35km south of the mainstay operation, with open pit operations at the planned satellite development scheduled to begin this quarter.

Resolute indicated it's increasingly confident Tabakoroni will yield a future underground mine, with an expanded resource set to be reported by the end of the year.

Exploration is ongoing at Tabakoroni as well as well as Syama and Nafolo.

Meanwhile the gold miner also suggested the Nafolo mineralisation next to the Syama underground mine could form part of an "expanded" mining operation, with an updated mineral resource estimate expected in about 12 months.

Resolute currently has 3 million ounces of underground reserves at Syama and is set to b...