Santa Fe Minerals commences drilling at Eburnea Gold Project

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Santa Fe Minerals commences drilling at Eburnea Gold Project
Santa Fe Minerals commences drilling at Eburnea Gold Project
Mahathir Bayena
Written by Mahathir Bayena
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Santa Fe Minerals (ASX:SFM) commenced its highly anticipated drilling program at the Satama Gold prospect, a key component of the Eburnea Gold Project in Côte d'Ivoire.

The move marks a significant milestone for the company as it aggressively pursues high-grade mineralisation within one of West Africa’s most prolific gold-bearing regions.

The comprehensive exploration initiative involves a planned 7,700-meter drilling campaign consisting of 33 drill holes.

To ensure a detailed understanding of the geological structures, the company is utilising a dual-method approach: 10 diamond drill holes for precise core sampling and 23 reverse circulation holes for rapid lateral assessment.

The primary objective of the program is to test known gold lodes across an extensive 2km strike length, aiming to define the scale and continuity of the deposit.

Investor confidence is bolstered by impressive historic data from the Satama permit, which includes high-grade intercepts such as 26m @ 4.82g/t and 30m @ 1.92g/t.

The Eburnea Project currently encompasses the fully granted exploration permit PR544 (Satama), where the company holds a 100% interest, alongside the Bouake North application (PRA575).

At the time of reporting, Santa Fe Minerals' share price was $0.29.

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