Sylla Gold Defines Multiple Regional RC Drilling Targets with Air Core Drilling Program
Sylla Gold Defines Multiple Regional RC
Drilling Targets with Air Core Drilling Program
Bedford, Nova Scotia--(Newsfile Corp. - October 4, 2022) -
Sylla Gold Corp. (TSXV: SYG); (OTCQB:
SYGCF) ("Sylla Gold" or the "Company")
is pleased to announce additional positive gold assay
results from 212 air core (AC) drill holes totalling 10,600 m completed on gold anomaly target areas
previously defined by both termite and soil sampling. These anomalies occur at various locations all
within the Company's Niaouleni Gold Project ("Niaouleni") in Southern Mali (
Figure 1
).
The Company's 2022
Phase 1
drilling program consisted of 57 reverse circulation (RC) holes (see
press releases dated August 29, 2022 and September 13, 2022), which focused on South Niaouleni,
Kankou Moussa, Lebre Plateau and Gouingouindougou and 206 shallow AC holes designed to define
additional gold targets throughout the licence for follow-up RC drilling.
AC Drilling Highlights:
37.0 g/t Au over 2 m
from drill hole NSAC22-142
17.6 g/t Au over 2 m
from drill hole NSAC22-211 (laterite)
and 1.10 g/t Au over 8 m
4.43 g/t Au over 6 m from drill hole NSAC22-198
including
12.4 g/t Au
over 2 m
6.78 g/t Au over 2 m
from drill hole NSAC22-122
5.88 g/t Au over 2 m
from drill hole NSAC22-150 (laterite)
5.70 g/t Au over 2 m
from drill hole NSRC22-042 (laterite)
and 1.10 g/t Au over 8 m
and 0.93 g/t Au over 8 m
A summary of significant gold assay intercepts of these AC holes is shown in
Table 1
Regan Isenor, President and CEO of Sylla, commented, "
We are encouraged by the initial 6,754m RC
and 10,600m AC drill program at our Niaouleni Project.
The initial results have established the
presence of significant widths of high-grade gold on known near surface oxide targets at Niaouleni.
These targets are part of a pipeline of promising prospects that sit along a cumulative 10km of the
Kobada and Gosso Shear structures directly on trend from Toubani Resources' Kobada project.
Out technical team has developed many target areas using geochemical sampling, termite mound
sampling, artisanal pits mapping, and with the interpretation of historical and recent drilling across the
172km
2
permit area.
With a better understanding of the oxide targets the longer term goal is to identify
deeper, higher grade feeder structures that provide the plumbing to the system, allowing us to unlock
the sizeable potential of the gold endowment on the permit area.
These are the same geological techniques and process our team has employed in previous West
African discoveries including Roscan Gold, Merrex Gold and Jilbey Gold.
An interpretation of all results of exploration is in progress and will be released in the near future when
completed. It is apparent that the Niaouleni land position occurs in a highly mineralized gold Corridor.
The exploration plans include further termite sampling of areas not previously sampled, follow up AC
drilling on existing and new termite and soil anomalies, RC drilling of AC anomalies to test for gold at
depth, and detailed RC and DD follow up of phase 1 gold intersections.
In addition, further land
acquisition is planned."
Figure 1
: Prospect location map of the Niaouleni Gold Project in southern Mali
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6472/139465_c7bd77c9d403086b_001full.jpg
Figure 2:
2022 AC drilling results- property scale
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6472/139465_c7bd77c9d403086b_002full.jpg
Table 1
: Significant AC drilling assay intercepts for Niaouleni Project
Hole
From (m)
To (m)
Interval (m)
Au (g/t)
COMMENT
NSAC22-013
6
8
2
0.57
NSAC22-014
48
50
2
2.18
OPEN EOH
NSAC22-021
12
14
2
0.57
NSAC22-038
40
42
2
0.73
NSAC22-071
10
12
2
1.49
NSAC22-102
38
40
2
0.53
NSAC22-122
18
20
2
6.78
NSAC22-142
24
26
2
37.0
NSAC22-150
0
2
2
5.88
LAT
NSAC22-152
0
2
2
5.70
LAT
NSAC22-158
18
20
2
0.76
NSAC22-176
36
38
2
0.69
NSAC22-183
4
6
2
0.82
LAT
NSAC22-187
4
8
4
0.72
LAT
NSAC22-188
24
26
2
0.52
NSAC22-198
18
24
6
4.43
including
18
20
2
12.4
NSAC22-199
34
36
2
0.65
NSAC22-205
18
20
2
0.53
NSAC22-208
8
10
2
2.04
LAT
NSAC22-209
16
18
2
1.93
and
40
42
2
0.50
NSAC22-210
8
10
2
0.57
LAT
NSAC22-211
2
4
2
17.6
LAT
and
8
16
8
1.10
NSAC22-212
10
14
4
0.86
and
20
28
8
0.93
Notes: please refer to the section on AC drilling assay data limitations below. A cut-off 0.5 g/t Au was applied with maximum 2 m of internal
dilution; no high-cap cut-off was applied. True width of the sampled intervals has not yet been determined.
Technical Overview of AC Drilling Program
The AC drilling program was used a first pass, reconnaissance-style shallow drilling technique (refer to
section below on AC drilling limitations) to test multiple regional targets and to test extensive termite
mound and soil anomalies that lie both on strike from the adjacent Kobada deposit owned by Toubani
Resources and in other areas of the property.
All gold-bearing intersections during the AC drilling program were hosted in metasedimentary saprolite
with quartz veins / veinlets.
Geological interpretation for these AC drill hole results is still very preliminary and will require follow-up
RC drilling to further refine any identified targets.
Air Core (AC) drilling methods
Air Core (AC) drilling techniques are typically used to sample mineralized horizons at very shallow
depths (<100 m), or as utilized at Niaouleni to quickly ground truth our soil and termite gold anomalies.
Similar to reverse circulation (RC) drilling both involve the use of compressed air to flush out samples
from the hole. However, AC drilling is mainly limited to unconsolidated materials, and typically at shallow
depths compared to RC drilling. Both AC and RC use a closed system to collect representative
samples.
RC drilling is ideal for harder ground and is also able to achieve much greater depths.
AC drilling at the Niaouleni project is therefore the exploration method used as a first pass check of soil
and termite mound gold anomalies to test for gold at depth and typically requires follow-up RC or
diamond drilling to better refine the initial results. AC drilling is therefore used as a cheaper, cost-saving
drilling method for ground-truthing surface anomalies over a large area over a short period of time.
Drilling, QAQC, and Sampling and Assay Procedures
AC drilling was completed by Forage FTE Drilling of Bamako, Mali using an Atlas Copco T3W Reverse
Circulation drilling rig. AC samples weighing approximately 2 kg were bagged at the drilling rig and
transported to the camp by Company personnel. Blanks, certified standards, and field duplicates were
inserted into the sample stream every 15 samples. Samples were then transported by truck by Bureau
Veritas to their laboratory in Bamako, Mali where they were logged, dried (105°C), and crushed (75%
passing 2mm). 1 kg of crushed material was split and pulverized (85% passing 75µ). Fire assay using
atomic absorption finish was performed on a 50 g sample. All assay results greater than 10 g/t Au were
re-assayed with gravimetric finish.
Bureau Veritas is registered to international quality standards through the ISO/IEC 17025:2017
standards and is independent of Sylla Gold. The Company and its geological consultants confirm all
assay results reported herein have passed QAQC protocols.
About the Niaouleni Project
The Niaouleni Project consists of 4 permits totalling 17,200 hectares in size and accessible by paved
highway and includes extensive artisanal mining activity within the gold bearing structures and their
potential extensions. Past exploration at Niaouleni includes termite mound and soil geochemistry
surveys, and reverse circulation (RC) and diamond drilling that have identified several structural gold-
bearing zones that appear to extend from the adjacent Kobada gold deposit. The Kobada gold deposit
is situated approximately 3 km north of the northern limit of the Niaouleni exploration licence. Historical
exploration and drilling results were compiled by Sylla into a digital database and interpreted for the
purposes of designing and RC and AC drilling program to further test these interpreted structural gold-
bearing zones and possibly extend them further into the project area.
Further information on the Niaouleni Gold Project is available in the Company's NI 43-101 technical
report on the Niaouleni Project with an effective date of September 28, 2021, and available on the
Company's SEDAR profile at
www.sedar.com
.
Data Verification and Qualified Person Statement
All scientific and technical information disclosed in this news release was reviewed and approved by
Gregory Isenor, P.Geo., Director of Sylla Gold Corp. and a Qualified Person as defined in NI 43-101.
Mr. Isenor has verified all scientific and technical data disclosed in this news release including the AC
drilling results, QAQC procedures, and analytical (assay) data underlying the technical information
disclosed. Mr. Isenor noted no errors or omissions during the data verification process and a Company
geologist also verified the technical information disclosed. The Company and Mr. Isenor do not
recognize any factors of drilling, sampling, or recovery that could materially affect the accuracy or
reliability of the assay data disclosed in this news release.
This news release also contains scientific and technical information with respect to adjacent or similar
mineral properties to the Niaouleni Project, which the Company has no interest in or rights to explore.
Readers are cautioned that information regarding the geology and mineralization on adjacent or similar
properties is not necessarily indicative of the mineralization on the Company's property.
For more information, please contact:
Regan Isenor
President and Chief Executive Officer
Tel:
(902) 233-4381
Email:
Neither 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
release.
Forward-Looking Information Statement
This news release contains forward-looking information which is not comprised of historical facts.
Forward-looking information is characterized by words such as "plan", "expect", "project", "intend",
"believe", "anticipate", "estimate" and other similar words, or statements that certain events or
conditions "may" or "will" occur. Forward-looking information involves risks, uncertainties and other
factors that could cause actual events, results, and opportunities to differ materially from those
expressed or implied by such forward-looking information. Factors that could cause actual results to
differ materially from such forward-looking information include, but are not limited to, changes in the
state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required
regulatory or governmental approvals, and includes those risks set out in the Company's
management's discussion and analysis as filed under the Company's profile at
www.sedar.com
.
Forward-looking information in this news release is based on the opinions and assumptions of
management considered reasonable as of the date hereof, including that all necessary governmental
and regulatory approvals will be received as and when expected. Although the Company believes that
the assumptions and factors used in preparing the forward-looking information in this news release are
reasonable, undue reliance should not be placed on such information. The Company disclaims any
intention or obligation to update or revise any forward-looking information, other than as required by
applicable securities laws.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/139465