Keegan Resources Inc. Keegan is pleased to release the results of 24 additional holes from the saprolite resource definition program at Esaase. The total area covered now is approximately 780 meters along strike by 300 meters width, (see www.keeganresources.com for a map showing drill hole locations and cross-sections). Significant intercepts were encountered in 23 of 24 holes being released. Highlights include 30 meters of 8.64 g/t Au, 43 meters of 1.72 g/t Au, 66 meters of 1.19 g/t Au, and 7 meters of 22.56 g/t.
Evaluation of the results in plan and section show a series of moderately to steeply dipping zones of gold mineralization that have excellent grade continuity along and between sections. As a result of the moderate dip on most sections, the favorable topography which is falling off steeply to the west in the down dip direction and the notable increase in grades seen in the larger RC samples, Keegan believes that these zones will continue to develop significant resources at a considerable distance down dip from the current drill pattern. Additionally, based on the fact that many holes ended in excellent gold mineralization, Keegan plans to expand the current drill program with deeper holes which will be targeted to test the depth of mineralization. Keegan will also be drilling aggressive step out holes to the west to test the down dip extension and width of the existing mineralized zones.
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Keegan Resources Inc.: Resource Drilling Program Continues to Identify High Gold Grades at Esaase Gold Project
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