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Semafo reports on follow-up drilling results from Dangou.

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NORDIC BUSINESS REPORT-January 22, 2019-Semafo reports on follow-up drilling results from Dangou

(C)2019 M2 COMMUNICATIONS http://www.m2.com

Semafo Inc (STO:SMF)(TSX: SMF), a Canadian-based intermediate gold producer, reported on Monday follow-up drill results from the Dangou area located northeast of the Boungou Mine.

According to the company, a fourth-quarter drill programme returned promising results from three sectors, including 19 meters at 4.17 g/t Au (gold) from 42 meters.

Also, a total of 43 RC holes (5,210 meters) were completed in the fourth quarter at Dangou. This programme was designed to focus on the best intersections obtained in the second quarter and to establish the geometry of the mineralisation.

Based on the current drilling, the mineralised zones appear to strike north -south and dip steeply to the east. This is consistent with small abandoned artisanal mining pit data obtained further north, Semafo added.

The gold mineralisation is associated with altered (biotite-silica) and locally sheared intervals of the intrusive rocks. These new results demonstrate the lateral continuity of the...

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