Executive Chairman Dr. Mark O'Dea

Executive Chairman Dr. Mark O'Dea

Dr. Mark O'Dea's True Gold Mining (TGM:TSX) continues to have drilling success at its Liguidi project in Burkina Faso and is being rewarded in the markets for it, with the stock up 15% at the time of writing.  The company released more assays from its current drill campaign which returned “widespread near-surface gold mineralization and expanded the project’s main gold-in-soil anomaly to 17km in length.”  TGM has been very successful at drilling with 23 of their 24 holes drilled in the current program encountering mineralization.  Highlights of this latest batch included 4m of 5.81g/t gold and 8m of 2.23g/t gold.  The company focused on the Lagare zone but also completed detailed geological mapping and geochemical sampling which extended the total strike length by 4km.

"The results of this exploration program significantly expand the footprint of the gold mineralizing system at Liguidi and reinforce the potential to find further near-surface oxide gold throughout the property," said Ian Cunningham-Dunlop, senior vice-president of exploration, True Gold. "To date, we have only carried out focused exploration over a small portion of the overall Liguidi anomaly, with many priority targets yet to be drill tested."

News Release here: True Gold Exploration Program Identifies Widespread Near-Surface Gold at Liguidi