Giyani Reports Multiple Manganese Occurences at Kgwakgwe Hill Project, Botswana
GIYANI REPORTS MULTIPLE MANGANESE OCCURENCES AT
KGWAKGWE HILL PROJECT, BOTSWANA
OAKVILLE, ONTARIO – June 28, 2017 – Giyani Gold Corporation (TSXV:WDG, KT9: GR)
(“Giyani” or the “Company”) is pleased to report that the Company’s regional surface mapping
and sampling program, currently underway in the Kanye Basin, Botswana has confirmed
multiple manganese occurrences. Many of these occurrences are located within favorable
geological horizons, similar to that at the historic Kgwakgwe Hill manganese deposit where the
Company has recently reported >60% MnO (refer to the June 13th news release).
The Company’s geologists have reported multiple occurrences of visible manganese in an area
that extends around 70 KM to the north east and 50KM to the east of Kgwakgwe Hill reaching
the border with South Africa and within a short distance from Gaborone, the capital of
Botswana. This proximity to major infrastructure gives our project yet another significant
logistical advantage. It is worth noting that our geological team has discovered several old, small
scale, manganese mines during this phase of sampling. These historical mines were
undocumented and unreported in existing government records of the area.
Wajd Boubou states, “These visible manganese showings dramatically expand our reach and
increase our potential of finding economic manganese deposits within our extensive land
package in Botswana. The management team is very optimistic that this new development brings
Giyani closer to our target of becoming the world’s leading new manganese opportunity. Our
initial assessment proved to be plausible that the Transvaal manganese deposits extend
northward from South Africa into Botswana directly on our land.”
Our geological team has collected 80 representative samples from the area, split them in half,
stored one half at the Company’s storage facility in Botswana and shipped the other half to South
Africa for chemical lab analysis. Results from this batch of samples will be published once
available.
Giyani is in the final stages of closing the acquisition of 88% interest in eight prospecting
licences on Kgwakgwe Hill (The K. Hill Project) covering an area of 6,827 square kilometers
(682,730 HA). Giyani also owns 100% interest in additional five prospecting licences south of
Kgwakgwe Hill (The K.Hill-South Project) covering an area of 1,308 square kilometers (130,800
HA).
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this news release.
On behalf of the Board of Directors of Giyani Gold Corporation.
Duane Parnham, Executive Chairman & CEO
Contact:
Giyani Gold Corporation
Wajd Boubou
President
1.289.837.0066
Forward-Looking Statements
This news release may contain forward-looking statements including but not limited to comments regarding the
timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential
mineral recovery processes, the financial picture of the Company etc. Forward-looking statements address future
events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially
from those currently anticipated in such statements.