ADU 0.00% 71.5¢ adamus resources limited

more gold for adamus

  1. 12,600 Posts.
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    Looks like adu are on their way to getting their 2million ounce goal....


    ASX ANNOUNCEMENT
    20th July 2005
    Recent Exploration Confirms Large Mineralized System
    Located East of Salman
    The Directors of Adamus Resources are pleased to announce that regional
    exploration has defined a large gold in soil anomaly located 10km to the east of the
    Salman Deposit. The new prospect, known as Avrebo, has recently been the
    subject of several soil sampling campaigns, which have now defined a +100ppb
    gold anomaly which extends over a combined strike length of 6 kilometres
    (see attached map).
    The Avrebo prospect is the largest gold anomaly discovered to date outside
    the Salman Trend with an average width of approximately 300m, extending over a
    combined strike length of 6km. Despite being sampled on relatively broad spacings,
    the anomaly has already produced significant high grade results including 26
    samples returning assays of over 500ppb gold.
    The new prospect is hosted within meta-volcanics situated on the eastern side of
    the belt margin. To date very little exploration has been conducted within the metavolcanics,
    with historical soil sampling only covering a very small percentage of
    mafic unit.
    Following the completion of the infill soil sampling, the Company has commenced a
    comprehensive trenching program, targeting several areas of the broader anomaly.
    Results from the trenching program are expected over the coming weeks.
    Detailed information on all aspects of the Southern Ashanti Gold Project can be
    found on the Company’s comprehensive website www.adamusresources.com.au.
 
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