Tanga Resources (ASX: TRL) reports that soil sampling work at its Damaran Project has defined a ‘very coherent’ +2.2km gold anomaly, dubbed “Kokoseb”.
Assays from infill soils undertaken on the Okombahe exploration permit within the project have returned continuous values of +100 ppb gold, supported by arsenic and antimony.
Six samples from a ‘high-grade’ core returned samples of over 1g/t gold in soil, with the company noting that the anomaly remains open in both directions along strike.
“Such a coherent and high-grade gold in soil anomaly is rare in this geological context and we feel that we are close to identifying a major new gold discovery”
Speaking on the results, Tanga Resources Chairman Andrew Pardey said: “We are very pleased with these latest infill soil results which are in line with our expectations from our large, highly prospective ground holding in Namibia. Such a coherent and high-grade gold in soil anomaly is rare in this geological context and we feel that we are close to identifying a major new gold discovery and are planning on drilling to commence in early 2022.”
The results bring the initial soil sampling program to a conclusion, with a total of 1,691 samples collected across a 100m x 25m grid.
Soil sampling grid at the Okombahe permit displaying gold in soil ppb gradesThe 2,838km² Damaran Project, located in Namibia, encompasses 12 exploration permits including Okambahe, along the newly-granted EPL7980 permit to the North-East, which has added an additional 197km² to the project.
Tanga reports that exploration work at the project is ongoing, with follow-up programs underway on the Okombahe permit including infill soil sampling extended grids, trenching and detailed mapping. Further results are due later in 2021, and are expected to lend support to a planned maiden drilling campaign in early 2022.
Images: Tanga Resources Limited
