RESOLUTE MINING UNVEILS MAIDEN RESOURCE AT TOMBORONKOTO

Strategic Advances in Senegal’s Gold Prospects

Resolute Mining Limited (ASX:RSG) has announced an Inferred Mineral Resource Estimate for the Tomboronkoto (“Tombo”) project in Senegal, indicating a significant find of 3.4Mt grading 2.2g/t Au for 264 koz at a 1g/t cut-off and 10.2Mt grading 1.2g/t Au for 403 koz at a 0.5 g/t cut-off. The Tombo project is strategically positioned 20km by road from the Mako Processing Plant, with the majority of the current resource calculated within the top 100m and remaining open along strike to the west and down dip.

The company has also entered into Joint Venture agreements for the Bantaco and Laminiaprojects, aiming to extend the life of their Mako operation with these new prospects.

Terry Holohan, CEO of Resolute, said: “We are very pleased to report the progress we are making in Senegal to extend the life of our Mako operation with now three projects close to our mine and within the same Greenstone Belt following the recent successful conclusion of the two JVs. We will be stepping up our overall exploration efforts in 2024 on these exciting projects which have well known areas of outcropping mineralisation, and we expect further progress updates throughout the year. The completion of the maiden Inferred Mineral Resource at Tomboronkoto within 6 months is a significant achievement and reflects the efforts and ability of our exploration and operations teams on the ground.”

Read the full announcement

Goldman

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