Allied Gold Expands Kurmuk Mine Mineralization; High-Grade Zones Identified
Allied Gold Corporation provided an exploration update for its Kurmuk Mine in Ethiopia, highlighting significant progress in expanding mineralized zones and identifying new high-grade targets. Drilling at the Ashashire deposit returned exceptional grades, suggesting potential for underground resources, while extensions were also found at Dish Mountain. The company is advancing resource modeling for high-grade zones along the Tsenge Trend, with initial estimates expected in the first half of 2027. Regional exploration efforts are also yielding promising results, reinforcing the prospectivity of the gold camp. Allied Gold remains focused on extending mine life and increasing its overall mineral resource base.
Key Highlights
- Allied Gold Corp reports significant exploration progress at the Kurmuk Mine in Ethiopia.
- Drilling at Ashashire returned 13.86m at 10.07 g/t Au, indicating potential for underground resources.
- Dish Mountain drilling extended known lenses, with hole DMDD788 returning 14.4m at 3.4 g/t Au.
- High-grade zones identified along the 9 km Tsenge Trend, with resource estimates expected by H1 2027.
- Regional targets like Urchin show high-grade potential, with 3.0m at 18.52 g/t Au reported.
- The company aims to extend mine life beyond 15 years and grow Mineral Resources to over 5 Moz.
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