Confidence Boosting Infill Drilling at Nyanzaga Project [Yahoo! Finance]
AngloGold Ashanti PLC Ordinary Shares (AU)
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Source: Yahoo! Finance
Perth, Western Australia/December 5, 2024/ Perseus Mining Limited (ASX/TSX: PRU) is pleased to provide an update on ongoing resource definition drilling being conducted at its recently acquired Nyanzaga Gold Project in Tanzania (Nyanzaga or the Project). Designed to increase Perseus's understanding of Nyanzaga's Mineral Resource, a programme of drilling commenced in August 2024. This work aimed to supplement and where needed, fill in gaps in the work done by previous owners. The programme was also intended to provide additional information required to inform a change in mine design from the prior owner's plan of a small open pit plus underground operation to the large-scale open pit operation contemplated by Perseus. By mid-November 2024, eight drill rigs were operating on the site and a total of 20,278 m of combined reverse circulation (RC) and diamond (DD) drilling of the Stage 1 Tusker Hill Infill Resource Development Program was complete, representing 77% of the budgeted 26,2
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