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Reunion Gold Reports its Two Deepest Gold Intercepts to Date at Oko West Project, Guyana

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Reunion Gold Reports its Two Deepest Gold Intercepts to Date at Oko West Project, Guyana

 

 

 

 

 

  • Hole OKWD22-62 (D-62) intersected 1.50 g/t over 67.3 m to a vertical depth of ~ 349 m
  • Hole OKWD22-63 (D-63) intersected 2.45 g/t over 64.7 m to a vertical depth of ~ 302 m
  • Hole OKWD22-59 (D-59) intersected 3.38 g/t over 63.0 m
  • Reunion Gold highlights three additional priority exploration targets

 

Reunion Gold Corporation (TSX-V: RGD) is pleased to announce the results from five drill holes at its Oko West project in Guyana, including intercepting significant gold mineralization in the two deepest holes drilled to date on the project. Carlos Bertoni, the interim CEO, stated: “I’m very excited by the grades and length of intercepts reported in holes D-62 and D-63, which at 349 m and 302 m vertical depth represent significant step-outs from hole D-53, the deepest hole previously reported at ~ 222 m. Gold mineralization continues to show strong continuity both along strike and to depth.”

 

Table 1: Highlight composite intercepts summary table (see table 3 for complete results)

 

Drill Hole Gold (g/t) Length (m) From (m) To (m)
OKWD22-59

Including

1.80 2.13 32.06 19.38 77.00
78.00
109.06
97.38
Including 3.38 8.82 63.00 8.00 125.00
134.00
188.00
142.00
OKWD22-62 1.13 7.00 263.00 270.00
3.63 8.50 276.5 285.00
Including
and
1.50 1.82
0.70
67.30 47.00
10.50
292.50
292.50
342.50
359.80
339.50
353.00
OKWD22-63 5.10 6.00 197.00 203.00
1.54 35.00 208.00 243.00
Including
Including
2.45 2.67
4.23
64.7 23.00
18.65
252.95
273.00
299.00
317.65
296.00
317.65

 

As can be seen in table 1 and figures 1, 2 & 3, drill hole D-62 recorded three intercepts in the mineralized zone, including 1.50 g/t over 67.3 m to a vertical depth of ~ 349 m, which represents a ~127 m step out from the previous deepest hole D-053, which intercepted 3.59 g/t over 59.0 m to a vertical depth of ~ 222 m. Core from hole D-62 will be on display at the BMO Global Metals and Mining Conference core shack event on Tuesday, March 1, in Miami, Florida. Hole D-63 (figure 4) intercepted 2.45 g/t over 64.7 m to a vertical depth of ~ 302 vertical meters, representing an 80 m step out from hole D-53 and is the second deepest mineralized intercepted. Two additional intercepts in D-63, up-hole from deep intercept and within the mineralized zone returned 1.54 g/t over 35.0 m and 5.0 g/t over 6.0 m. Hole D-59 (figure 5) intercepted 3.38 g/t over 63.0 m, which translates to a gram meter intercept of 212.9 grams x meter. This represents the 6th highest grade composite intercepted to date, as listed in table 2. Table 3 shows the full list of composite intercepts being reported.

 

Table 2: Highest gram meter intercepts at the Kairuni zone (*) to date

 

Drill Hole Exploration Block Composite Gram x Meter
OKWD21-038 4 16.87 g/t over 37.0 m 624.2
OKWD21-031 4 5.81 g/t over 105.4 m 612.4
OKWR21-038 4 24.16 g/t over 19.0 m 459.0
OKWR21-099 4 6.87 g/t over 53.0 m 364.1
OKWD21-034 4 4.23 g/t over 50.85 m 215.1
OKWD21-059 4 3.38 g/t over 63.0 m 212.9

 

(*) For ease of reference, the Company is naming the northernmost 2.5 km of strike of the geochemical anomaly as the Kairuni zone. This zone straddles the contact between granitoids and greenstone rocks, is coincident with a strong shear zone and is the area where most of the drilling on the project has taken place.

 

Three priority exploration targets

Reunion Gold is also pleased to highlight three additional priority exploration targets on the Oko West project area, which are illustrated in figure 6. These targets include the Takutu zone, which represents the southern 3.5 km of the gold in soil geochemical anomaly south of the Kairuni zone. The Takutu zone also lies along the sheared contact between granitoid and greenstone rock units and forms an elevated ridge that is upstream of an area of significant alluvial mining. This zone has the potential to be the hard rock source of that downstream alluvial gold. The number 2 target area is also a topographically high area and a potential hard rock source for significant alluvial gold mining that has been occurring downstream from that height of land, as seen in figure 6. The third target area lies immediately west of the Kairuni zone and incorporates an area containing several soil gold anomalies and also appears to be underlain by favourable geology. It is possible that this area contains a similar stratigraphic/structural horizon to that of G2 Goldfields, whose project is situated to the north of the Oko West.

 

Exploration program

The overall objective of the exploration program is to define the total extent of gold mineralization at the Oko West project. We are moving to our 15,000 m phase 4 drill program, targeted to be completed by the end of Q2/2022. The program will include drilling along the 2.5 km long Kairuni zone to confirm the vertical and depth continuity of the zone in support of a maiden resource in 2H/2022. The maiden resource will be used to inform the next phase of exploration at the Oko West project. In addition to the drilling in support of a maiden resource, the Company is planning to initiate exploration programs on the three targets outside of the Kairuni zone as described above. This work will include geological mapping, power auger sampling, scout drilling and possibly trenching.

 

Qualified Person

 

The technical information in this press release has been reviewed and approved by Carlos H. Bertoni, P.Geo., the Company’s Interim CEO. Mr. Bertoni is a qualified person under Canadian National Instrument 43-101.

 

 

About Reunion Gold Corporation

Reunion Gold Corporation is a leading gold explorer in the Guiana Shield, South America, with a portfolio of projects in Guyana, Suriname, and French Guiana. In 2021 the Company made an exciting new gold discovery at its Oko West project in Guyana, where to date it has outlined gold mineralization for 2,500 meters of strike and to a depth of 220 meters. A 15,000-meter phase 4 drill program is currently underway with a target of releasing a maiden resource in the second half of 2022. The Company’s common shares are listed on the TSX Venture Exchange. The Company currently has 746.8 million issued and outstanding common shares.

Posted February 24, 2022

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