SPILL CONGO SARL is pleased to report the successful advancement of its Punia Gold Project, with the Exploitation Permit (PEPM 13492) now in active and full Exploitation to an industrial exploitation license (PE). This administrative milestone coincides with the positive verification of historical drill results that underscore the project’s high-grade potential.
Re-analysis of 2018 geochemical survey data has confirmed high-grade gold intersections, including sample SP-SS013 which assayed at 16 g/t Au. These results, verified by the ALS Lab in South Africa, validate the company’s geological model and highlight specific high-priority targets for the planned 3,000-meter core drilling program.
“The confirmation of these high-grade samples, coupled with the obtaining of our mining license, significantly de-risks the Punia project,” stated the company’s lead geologist. “We are not exploring a greenfield site; we are building on proven, world-class mineralization. The granting of our PEPM license is a testament to the work we’ve done and paves the way for large-scale industrial exploitation.”
The company has initiated the tender process for international drilling contractors to commence the next phase of exploration.
