EXPLORATION & DEVELOPMENT

IronRidge strikes high-grade gold in Cote d'Ivoire

IronRidge has discovered high-grade gold at Bianouan in Cote d'Ivoire

Staff reporter
 IronRidge Resources reports high-grade gold at its Bianouan project licence

IronRidge Resources reports high-grade gold at its Bianouan project licence

The company's drilling highlights included 12m at 5.87gpt gold from 10m, including 2m at 33.8gpt; 8m at 1.29gpt from 7m, including 2m at 3.17gpt; and 1m at 3.13gpt from 32m at the end of the hole.

"We are pleased to be advancing our extensive gold portfolio in Côte d'Ivoire on multiple fronts, with drilling, regional geophysical and regional geochemical surveys ongoing concurrently," said IronRidge chief operating officer Len Kolff.

The company has completed an airborne magnetics geophysical survey over the Zaranou gold license in the south-east of the country and is now using drones to survey the terrain to help it hone in on drill targets.

Separately, IronRidge has started a 3000-hole auger geochemical drilling programme over geophysical anomalies in the Vavoua gold portfolio, which it acquired in June, in the central-west of the country, along strike from the 1.73 million oz Abujar resource.

The company has started a regional geochemical soil sampling programme over the Kineta west license area in the north-east of the country; along the same structure that hosts Centamin's Konkera resource and Azumah Resources' Wa-Lawra resource.

London-listed IronRidge Resources shares were last trading at 15.04p. The company's shares usually trade between 25p and 12p. Its market capitalisation is £47 million.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Company ESG Index: Benchmarking the Future of Sustainable Mining

The Mining Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.