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.
ADU Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held