Semafo says strike rate doubles at new gold area in Burkina Faso

Canadian miner Semafo Inc said follow-up drilling has more than doubled the strimolybdenum beneficiation ferric chloride leachingke length of gold on its recently discovered Yaho gold zone in Burkina Faso.

The company, which operates the Mana mine in Burkina Faso, the Samira Hill mine in Niger and the Kiniero mine in Guinea, said follow-up drilling extended the strike length to about 1.5 kilometers from 600 meters, identified earlier. Semafo also said three core drill holes have been completed to characterize the nature of the mineralization, but the assay results are yet to be received. The company said it expects drilling results from its properties in Massala and Saoura areas, also in Burkina Faso, in July. Semafo said it was seeing delays in obtaining drill results as there...