Megado Gold (ASX:MEG) hits gold below trench at Babicho, Ethiopia
Source: Boardroom Media
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Megado Gold (MEG) has received drill results from its maiden drilling program at the Babicho Gold project in the Adola Gold Belt of southern Ethiopia
Geological observations from the drillholes indicate similar mineralisation to nearby Lega Dembi and Sakaro gold mines
The latest drill results peaked at 11 metres at 0.81 grams per tonne (g/t) gold, including 4.1 metres at 1.97 grams per tonne gold from drillhole BBDD001
An eight-trench program is planned for this month with a specific focus on the areas directly north and south of BBDD001 to clarify the extent of the mineralisation in the zone