Perseus Mining (TSX: PRU) Advances Nyanzaga Gold Project with High-Grade Intercepts in Tanzania

Tue 22 Jul 25, 08:05 AM |

Highlights

Perseus has drilled over 35,000 meters since December 2024 at the Tusker and Kilimani deposits.
Drilling results include intervals such as 84 meters at 3.24 g/t and 23 meters at 20.87 g/t gold.
The work supports open pit planning and updated resource modeling at the Nyanzaga Gold Project.

Perseus Mining Limited (TSX: PRU) has released new results from its ongoing resource definition drilling program at the Nyanzaga Gold Project in Tanzania. As of June 2025, the company completed 35,623 meters of drilling across the Tusker and Kilimani deposits since its last update in December 2024.

The program is part of Perseus’s broader development plan for an open pit operation, based on the feasibility study update released in April 2025. Drilling is aimed at improving resource confidence, gathering additional geotechnical and metallurgical data, and exploring potential extensions to known mineralisation. Since acquiring the project in April 2025, Perseus has drilled a total of 58,609 meters, focusing on infill and extension work.

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