Shanta Gold (SHG) has discovered more high grade gold intersections from infill drilling at the West Kenya Project in Kenya including a new intersection of 3.9 metres at 63.80 g/t of gold.

The Company’s West Kenya Project covers 1,162 km² of the highly prospective and underexplored greenstone Archaean Busia-Kakamega Gold Belt in western Kenya. 

The East Africa-focused gold producer, developer and explorer said around 3,205 metres were drilled across 11 holes in June and July 2021 at the Isulu and Bushiangala deposits.

Visible gold was identified in three intersections across 11 holes drilled at the project with the true width of mineralisation estimated at approximately 60-70% of the intercept core length. 

The intersections reported include the second set of results received from Phase 2 of the ongoing drilling campaign, which is targeting mineralisation at 200-450m below surface.

Phase 2 of the ongoing diamond drilling campaign at the Project is seeking to infill nine modelled zones at Isulu and three modelled zones at Bushiangala (BZ1, BZ2 and BZ3). This drilling phase amounts to 75,000 m of planned drilling and is due to be completed in 4Q22.

‘Phase 2 drilling is expected to generate an average interception spacing of 40 m at Isulu and 30 m at Bushiangala, up to a depth of 450-500 m from surface,’ the Company told investors.

Shares in Shanta Gold were trading 3.64% higher during the late morning at 14.25p.

Insert SP chart.

Following the gold discoveries, a resource update, which will be focused on approximately 10% of the total NI43-101 Inferred resource of 1.2 Moz between 0-200 metres in depth, and partially using intersections reported today, is expected to be released later this month. 

To date, the Company outlined that 45% of total planned infill drilling for 2021 and 17% of total planned infill drilling over three phases for the West Kenya Project has now been reported.

Commenting on the second set of results from the Phase 2 drilling, CEO of Shanta, Eric Zurrin, outlined: “Whilst the intersections across the board have been very strong, we are particularly pleased with a new intersection of 3.9 m at 63.80 g/t Au which is 60 meters in proximity to the Undisclosed hole announced last month which intersected 4.0 m at 706.3 g/t.

He added, “We believe West Kenya represents significant upside potential for our business and we are excited to replicate our success in Tanzania across the wider East Africa region."

Follow News & Updates from Shanta Gold here: