Big African Gold Discovery by Canadian Miner Semafo

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Semafo announces discovery of new gold zone in W. Africa

The Canadian gold miner says it has discovered a new gold zone in West Africa that shows outstanding widths and has the potential to add significant quantities of ore to its Mana property in Burkina Faso.

The Quebec-based junior miner said the new discovery has the potential to add significant quantities of ore on the southern part of the Mana property in Burkina Faso, West Africa.
A follow-up program on the Yaho zone is in progress to trace its extensions both north and south of the discovery area, the company said.

Semafo shares were down 11 Canadian cents at C$8.82 on Thursday on the Toronto Stock Exchange. (Reporting by Bhaswati Mukhopadhyay in Bangalore).

….for a detailed analysis of Semafo go HERE