Drilling at the Togi Project - Akasaka target increased confidence in extensions to a concealed and well-preserved low-sulfidation gold system, extending a kilometer from known workings and with strike potential of an additional 2 kilometers.
An initial two drill holes were completed at the Akasaka target in November 2024 targeting concealed strike extensions of the Mori vein where historical workings produced 16,500 oz of gold at an average grade of 14 g/t Au. The two drill holes located 700 metres along strike of the Mori workings and spaced 350 metres apart targeted vein extensions below concentrations of sinter scree, and quartz vein boulders and cobbles hosting gold grades up to 79.7 g/t gold, refer to Figure 1.
Drilling intersected parallel alteration zones representing inferred structural extensions of the Mori fault and Mori vein hanging-wall structures concealed by up to 140 metres of syn to post mineralization andesite and conglomerate. Alteration intersected hosts low-temperature clay assemblages and spaced narrow opaline to chalcedonic-carbonate-sulphide veins anomalous in pathfinder elements including gold. The Mori Fault zone intersected in the lower sections of both drill holes is also anomalous in gold, hosting breccia clasts of quartz-carbonate vein indicating the fault was actively moving during mineralization providing the potential for dynamic boiling levels and faulting, refer to Figure 2 and Tables 1 and 2.
Table 1: Significant Mineralized Intercepts
| Drill Hole ID | From (m) | To (m) | Length (m) | Au (ppm) | Ag (ppm) |
|---|---|---|---|---|---|
| TGDD-24-001 | 325.80 | 326.30 | 0.50 | 0.2 | 0.8 |
| TGDD-24-001 | 327.80 | 328.30 | 0.50 | 0.3 | 2.0 |
| TGDD-24-001 | 348.50 | 349.15 | 0.65 | 0.2 | 0.7 |
| TGDD-24-002 | 537.30 | 538.30 | 1.00 | 0.3 | 1.6 |
| TGDD-24-002 | 542.10 | 542.60 | 0.50 | 0.2 | 1.2 |
| TGDD-24-002 | 543.35 | 543.85 | 0.50 | 0.3 | 3.5 |
Table 2: Drill Hole Data
| Drill Hole Number | Location | Easting | Northing | RL (m) | Azimuth ° | Dip° | Length (m) |
|---|---|---|---|---|---|---|---|
| TGDD24-001 | Akasaka | 658394.0 | 4112638.0 | 197.2 | 330 | 45 | 403.5 |
| TGDD24-002 | Akasaka | 658368.0 | 4112431.0 | 224.1 | 295 | 45 | 564.7 |
Figure 1: Togi Project, simplified geological map of the Akasaka target area within the Togi Goldfield with drill hole summaries, rock geochemistry and >10 ppb BLEG footprint.
Figure 2: Drill hole sections for TGDD-001 and 002 with interpreted geology and significant intercepts.
