Glencar announces Mali drilling report

Glencar Mining plc, the AIM and IEX listed company with gold exploration interests in Africa, has reported on additional drilling results from its Komana West project in southern Mali.

The results include the highest ore grade mineralization yet encountered on the project, one metre grading 733 grams/tonne in borehole KWDD095, towards the southern end of the drilled area.

Over 12,490 metres of drilling has now been completed at Komana West, 9,886 metres of it reverse circulation drilling and 2,612 metres of diamond drilling.

Assays are still awaited from seven holes which were drilled mainly to shallower depths within the northern zone of the ore deposit.

Announcing these results at the Company’s Annual General Meeting in Dublin today, Glencar’s Managing Director, Mr. Hugh McCullough said: "The presence of such high grade gold shoots as has been seen in borehole KWDD095 and in the surrounding artisanal pits, and also immediately to the north of our northernmost drill fenceline, suggests that one of the key factors in evaluating the full potential of the Komana West deposit will be the elucidation of the disposition and extent of these likely additional high grade shoots."