Resolute Mining Limited Exploration Update-Senegal and Guinea

Resolute Mining Limited (ASX: RSG) shared updates on its exploration endeavours in Senegal and Guinea. In Senegal, the company is actively pursuing three potential satellite deposits – Tomboronkoto, Bantaco, and Laminia – to extend the Mako mine's operational life. Among these prospects, Tomboronkoto stands out with an advanced Indicated and Inferred Mineral Resource Estimate. The ongoing drilling activities at Bantaco are expected to yield an update in Q4 2024.Concurrently, Resolute is making significant progress in greenfield exploration within the Siguiri Basin in Guinea, focusing on the promising prospect, Mansala, which holds an initial Inferred MRE. Notably, the total gold content at Tomboronkoto has surged by an impressive 30% from the initial estimate.

Furthermore, preliminary metallurgical test work has showcased that the mineralization is free milling, with recoveries exceeding 90% from both weathered and fresh material. The company's ongoing drilling efforts aim to add 7,000 meters of diamond drilling to expand the Tomboronkoto Mineral Resource by the end of 2024.

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