X-Terra Resources commences drilling on the Grog and Northwest properties

X-Terra Resources commences drilling on the Grog and Northwest properties A fter defining several high priority gold drilling targets, X-Terra Resources has commenced diamond drilling on its Northwest and Grog properties in Restigouche county in the Canadian province of New Brunswick.

None of the six high priority targets identified have previously seen any historical drilling. The targets were defined as a result of the fieldwork and data processing completed throughout the 2019 exploration program. Winter drilling will accelerate the exploration

“None of the six high priority targets have seen any historical drilling”

process and continue to generate high quality sampling in areas previously identified as gold-bearing.

Geochemical surveys, high resolution magnetic survey and induced polarization were completed across the Grog and Northwest properties, in addition to the trenching and structural mapping that were completed to produce a first drilling plan.

“The 2019 exploration program on the Grog and Northwest properties was very successful and to further delineate these first drill targets is a true testament to the hard work the entire team has done,” said Michael Ferreira, president and chief executive officer of X-Terra Resources. “Some of the targets identified exhibit the geological characteristics required for a porphyritic-epithermal connection. However, other sectors of the properties advocate more for an intrusion related gold deposit context. In addition, this will be the first time any drilling has taken place over the Grog Property.”

X-Terra Resources has hired the Logan Drilling group, based out of Stewiacke in Nova Scotia, to carry out the inaugural drill program.

Asanko Gold Ghana retains ‘Mining Company of the Year’ title

For the second year in a row, Asanko Gold Ghana has won the prestigious ‘Mining Company of the Year’ award from the Ghana Chamber of Mines. The company also received the ‘Best Company in Exploration’ and was first runner-up in ‘Best Company in Innovation’. AGGL is a 50:50 joint venture between Asanko Gold Inc. and Gold Fields Ltd.

The ‘Mining Company of the Year’ Award is presented annually to the mining company that has achieved the highest aggregate results in the five categories of Occupational Health

and Safety, Financial Performance, Corporate Social Investment, Local Content, Environmental Management and Innovation.

“I am incredibly proud of our team for receiving these awards,” said Fred Attakumah, executive vice-president and managing director of Asanko Gold Ghana. “This is the highest recognition in Ghana for a mining company in the areas of health & safety, social and environmental responsibility and innovation and shows the tireless efforts and dedication of the entire Asanko Gold Ghana team. We will continue to seek further innovative ways of excelling in health and safety performance, respect for the environment and relations with our community partners.”