Country for PR: China
Contributor: PR Newswire Asia (China)
Tuesday, July 28 2020 - 11:46
AsiaNet
Multiple Spectacular High-grade Gold Hits Returned From Diamba Sud. Intersections Include 48m @ 6.70g/t and 55m @ 4.27 g/t gold.
BRISBANE, QLD., Australia, July 28, 2020 /PRNewswire-AsiaNet/--

Chesser Resources Limited ("Chesser" or "the Company"; ASX:CHZ) is pleased to 
provide an update on drilling results from its flagship Diamba Sud Gold Project 
in Senegal, West Africa.

HIGHLIGHTS

Area D

- Drilling intersected exceptionally thick, shallow, high-grade oxidised 
mineralisation across a 200m wide zone in five adjacent holes:
 - 48m at 6.70 g/t gold from 24m, including
    -10m at 25.14 g/t gold from 62m
 - 55m at 4.27 g/t gold from 16m
 - 38m at 4.63 g/t gold from 8m, including
    - 18m at 7.04 g/t gold from 28m, including
    - 4m at 18.30 g/t gold from 30m
 - 36m at 2.93 g/t gold from 6m, including 
    - 10m at 6.13 g/t gold from 16m 
 - 34m at 1.91 g/t gold from 16m 
- Mineralisation remains open to the southwest, northeast and to the northwest

Western Splay Target

- Drilling confirms and extends strike extent of mineralised structures 
intersected in previous drilling, including:
 - 2m at 19.80g/t gold from 4m
 - 6m at 1.79 g/t gold from 28m
 - 3m at 1.09 g/t gold from 91m
 - 10m at 1.10 g/t from 111m 
- The large main structure at Western Splay and multiple other sub-parallel 
anomalies remain untested

"Results like this are exceptional and rare. Whilst it is still at an early 
stage, the consistency, high-grade and thickness from near surface is 
remarkable. Further, we have achieved significant success at the Western Splay 
target where mineralisation along strike to a structure that is parallel to the 
Western Splay has been confirmed. With pending results from 8 holes at Area A, 
a strong cash balance and the recent appointment of Mark Connelly as 
Non-Executive Chairman, the Company is well positioned for a transformational 
year ahead." commented Mike Brown, Managing Director and CEO of Chesser 
Resources.

Please refer to the original ASX announcement, dated 28 July 2020 for further 
information: 
https://www.chesserresources.com.au/investor-dashboard/asx-announcements/ 

ABOUT CHESSER RESOURCES

Chesser Resources is an ASX listed gold exploration company with projects 
located in Senegal, West Africa. Chesser has announced a high-grade gold 
discovery at its flagship Diamba Sud project. The Company currently holds 
~300km2 of highly prospective ground in this underexplored world-class gold 
region.

SOURCE: Chesser Resources Limited