Maiden high-grade resource declared at Acacia’s West Kenya project

With a maiden National Instrument (NI) 43-101-compliant inferred mineral resource estimate of 1.31-million ounces of gold at 12.1 g/t published for the West Kenya project, London-listed Acacia Mining plans to spend $12-million on exploration on a 45 000 m drilling programme for the Liranda corridor. With six drill rigs now active on site, and two more to follow shortly, Acacia aims to increase the resource to two-million ounces by the end of the year.