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Ankh completes maiden diamond drilling programme at Egypt project

Ankh Resources' Wadi Dara licence area in Egypt

Ankh Resources' Wadi Dara licence area in Egypt

UK-based Ankh Resources has announced the receipt and disclosure of assay results for the seventeenth and final diamond drill hole of its maiden drilling programme at the Wadi Dara Concession, in the Eastern Desert, in Egypt. The company says the 17-hole programme represents an initial phase of prospect drilling, designed both to confirm the down-dip continuity of high-grade trench results and to test the lateral extent of the mineralised system.

The company says geological mapping has identified gold/copper mineralisation extending about 4 km along strike across Target Areas A and B, with an average width of about 1.5 km, of which only a small proportion has been drill-tested to date. A total of 17 diamond drill holes have been completed at Target Area A, testing the down-dip extension of high-grade trench results and the lateral extent of mineralisation previously identified through surface mapping, geochemical sampling and trenching.

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