Akobo Minerals, the Scandinavian based Ethiopian gold exploration and boutique mining company, has announced an update on exploration progress in its license area in Southwest Ethiopia. Key findingsLatest core drilling results from Joru show gold in all but one hole, and high-grade gold in one intersection (12.5 g/t over 0.5 m). Results give grounds for continued exploration and core drilling at Joru. Gold confirmed in a new mineralised zone, west of the main Segele mineralisation. 259 soil samples collected on a grid west and southwest of the Segele mineralisation and will be assayed with gold and multi-element analysis by ALS Minerals, Ethiopia.

Source: Ethiopian News September 16, 2022 00:01 UTC