Savary extends gold mineralization zone at Hounde South, Burkina Faso
Thursday, Jan 24, 2013
SAVARY GOLD CORP. ("Savary" or the "Company") (TSX VENTURE:SCA) is pleased to announce the assay results from its initial drilling program on its Hounde South property, located in southwestern Burkina Faso. The program was successful in extending the mineralized zone with gold intersected in 22 of the 26 reverse circulation drill holes. Three holes are reported with highlighted intervals of 17.90 g/t gold over one metre, 17.10 g/t gold over one metre and 10.70 g/t gold over one metre.
"We are very pleased with the results from our initial drilling program at Hounde South," stated Charles Mostert, Savary Gold's President and CEO. "This limited initial program succeeded in bolstering our geologic model, extending the limits of the mineralized zone and clearly supports our confidence in the potential of the property."
Complete assay results, location maps and sections are posted on the Savary Gold website at: http://www.savarygold.com/
The results from the current drilling program will be analysed in conjunction with historical drilling programs, as well as geological mapping and geophysical surveys in order to plan the next phase of exploration.
The Hounde South property consists of two exploration licenses, Diosso and Mandiasso, totaling 375 square kilometres, and is located in the Birimian age Hounde Greenstone Belt of West Africa, currently one of the fastest growing gold producing areas.