Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

D’Aguilar Gold associate Mt Isa Metals extends gold anomaly by 6km at Boungou in Burkina Faso

D’Aguilar Gold (ASX: DGR) has reported that associate Mt Isa Metals' (ASX: MET) additional soil sample assay results have extended the footprint of the Boungou Prospect anomalism in far eastern Burkina Faso, West Africa.

The +20 parts per billion (ppb) gold-in-soil anomalism has been extended to a total strike length of 6 kilometres and a maximum 2.8 kilometre width. Significantly, the gold anomalism  remains “open” in all directions.

The phase one soil sampling program has now been completed and all samples have been dispatched to laboratory for analysis. Additional gold anomalies have been defined in the northern prospect area.

These include the Boungou Trend which is a 2.5 kilometre extension to central anomaly at +20ppb gold, and the Link Zone, a 600 metre by 500 metre anomaly at 70ppb gold (average assay value).

Additional phase one assay results are awaited, including sampling adjacent to the high priority +100ppb gold Kodjini Zone and Western Zone targets.

D’ Aguilar owns a 33% stake, or 52 million shares, in Mt Isa at a value of $23.7 million.

Mt Isa owns five projects within the highly prospective Burkina Faso with high grade gold assays from the company’s wholly – owned Yactibo, Kongolokoro and Tapoa Projects.

Mining investment company D’Aguilar is focused on generating exploration and development companies in a wide array of minerals.

To this end, it also owns 35.2 million shares (12.4%) in Solomon Gold plc (LSE: SOLG) and 58.85 million shares (53%) in AusNiCo Limited (ASX: ANW), and 27 million shares (29%) in Navaho Gold Limited (ASX: NVG) exploring for gold and silver in Nevada (NYSE:USA) and Queensland.