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PMI Gold Continues to Encounter Significant Gold Intercepts at Kaniago Prospect

PMI Gold Corporation (PMV.TO) announced a follow-up reverse circulation drilling program designed to test gold anomalism intersected in previous air core drilling has been completed at the Kaniago (Adansi) Prospect in Ghana, and all assay results have been received.

The addition of these results has confirmed and further defined known gold anomalies at the recently discovered prospect. A total of 56 drill holes were completed.

Drilling has confirmed and further defined a series of sub-parallel gold zones over a strike extent of up to 800m, open along strike to the south and also down dip.

The Kaniago (Adansi) Prospect is strategically located within a 15km area of influence west of the company's flagship Obotan Gold Project in south-west Ghana, where the results of the previously announced feasibility study forecast annual gold production of 221,500 ounces over the first five years.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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