cambarysu.com

Breaking news and insights at cambarysu.com

Great Quest Identifies New Gold Mineralized System at Omatjete Project, Namibia

Great Quest Gold Ltd. announces the discovery of a new gold mineralized system at its Omatjete Project in Namibia and an earn-in agreement for an adjacent tenement that extends the Okondeka Fault Zone by 35 kilometers. Significant gold mineralization and arsenic anomalies have been identified through soil and rock sampling, and initial drilling results are promising. Future exploration will focus on expanding these findings and understanding mineralization controls.

Great Quest Gold Ltd. has provided an update regarding the discovery of a new gold mineralized system at its Omatjete Project in Namibia. The Company has also finalized an earn-in agreement for an adjacent tenement that extends the coverage of the recently identified Okondeka Fault Zone by an additional 35 kilometers, thereby enhancing exploration opportunities in the region.

Exploration activities commenced with soil sampling within a 200m x 200m grid, which led to the discovery of a significant arsenic anomaly measuring 7km by 5km, with peak values of 1,646 ppm As. Further assessments through rock chip sampling revealed high-grade gold values, with a notable peak assay of 9.95 g/t Au. A more focused soil sampling program identified a gold anomaly termed the Manga Prospect, which spans 4.2 km by 0.8 km, with gold values recorded at 195 ppb Au.

The company initiated its maiden drill program to explore in-situ gold mineralization across the Manga Prospect. Eleven reverse circulation drill holes were completed, totaling 1,795 metres, revealing extensive sulphide mineralization. Noteworthy results were from hole MRC006, yielding 138 meters of gold at 0.22 g/t Au, confirming the presence of mineralized zones across the prospect.

To expand its scope of exploration, Great Quest, in partnership with Belmont Mineral Exploration, secured an earn-in agreement for a new Exclusive Prospecting Licence (EPL4817) adjacent to the Manga prospect. Under the agreement, Belmont aims to acquire an initial 51% interest by investing $400,000 over two years. This will significantly enhance the company’s foothold in the promising Okondeka Fault Zone.

Looking ahead, Great Quest plans to continue exploring the newly acquired tenement, focusing on high-resolution magnetic surveys, additional soil sampling, and geological mapping. A thorough understanding of the mineralization controls will be developed through detailed mapping in the Manga area as well.

In regard to quality assurance, Great Quest has established a comprehensive QA/QC program to adhere to industry-standard practices, ensuring accurate mineral analysis. This meticulous approach fosters reliability in exploration outcomes and fortifies the Company’s commitment to excellence in mineral exploration.

The scientific and technical information presented has been reviewed and approved by Dr. Andreas Rompel, the Company’s qualified person, ensuring adherence to regulatory standards. Great Quest Gold Ltd. remains focused on advancing its mineral exploration initiatives across Namibia, Morocco, and Mali, with a robust portfolio that includes high-potential projects in gold and lithium.

In summary, Great Quest Gold Ltd. has identified a promising gold system at its Omatjete Project in Namibia, significantly extending its exploration potential by securing an adjacent tenement along the Okondeka Fault Zone. The preliminary exploration has yielded substantial gold mineralization and arsenic anomalies, with ongoing drilling programs revealing considerable mineralization. Future work will include comprehensive surveys and mapping efforts to further elucidate mineralization controls, underpinned by a commitment to quality assurance in exploration activities. As the Company progresses, it aims to solidify its position within a rapidly developing mining region, unlocking further opportunities for success.

Original Source: www.voiceofalexandria.com

Omar Fitzgerald

Omar Fitzgerald boasts a rich background in investigative journalism, with a keen focus on social reforms and ethical practices. After earning accolades during his college years, he joined a major news network, where he honed his skills in data journalism and critical analysis. Omar has contributed to high-profile stories that have led to policy changes, showcasing his commitment to justice and truth in reporting. His captivating writing style and meticulous attention to detail have positioned him as a trusted figure in contemporary journalism.

Leave a Reply

Your email address will not be published. Required fields are marked *