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Good results continue. The infil will add to Reserves and Step Out to the total ounces.

I'm confounded as to how they are staying independant with such resources and into development when POG is looking so strong for the immediate to mid term.

NEWS RELEASE
17 August 2010

EXPLORATION UPDATE
Significant intercepts from Ghana and Ivory Coast Projects

Perseus Mining Limited (ASX/TSX: PRU) is pleased to provide an exploration update on the Company’s gold projects in Ghana and Ivory Coast.

Highlights include:
The 30,186m drilled in July, including 10,469m of core, is a Company record.
Significant intercepts from step-out drilling at Abnabna-AF Gap, Fobinso and Fetish on the Central Ashanti Gold Project (“CAGP”) in Ghana included 93m at 3.1g/t and 21m at 4.2g/t Au from Fobinso, 7m at 19.2g/t Au from Fetish, and 41m at 3.1g/t, 95m at 1.4g/t and 13m at 5.5g/t Au from Abnabna -AF-Gap.
Other infill drill results from the CAGP in Ghana included 82m at 3.8g/t, 119m at 2.5g/t and 75m at 1.7g/t Au from Esuajah South and 36m at 3.2g/t Au from Chirawewa.
Anomalous results from drilling on the Dadieso and Kwatechi licenses in Ghana included 8m at 13.5g/t, 12m at 4.0g/t and 10m at 3.8g/t Au from Dadieso and 10m at 3.0g/t Au from Kwatechi.
Significant deeper core drilling results on the Sissingue deposit on the Tengrela Gold Project in Ivory Coast included 23m at 2.7g/t, 39.7m at 2.2g/t and 6m at 8.0g/t Au.

<blockquote data-quote="Sean K" data-source="post: 575052" data-attributes="member: 3610">Good results continue. The infil will add to Reserves and Step Out to the total ounces. I&#039;m confounded as to how they are staying independant with such resources and into development when POG is looking so strong for the immediate to mid term. NEWS RELEASE17 August 2010EXPLORATION UPDATESignificant intercepts from Ghana and Ivory Coast Projects Perseus Mining Limited (ASX/TSX: PRU) is pleased to provide an exploration update on the Company’s gold projects in Ghana and Ivory Coast.Highlights include:&nbsp;The 30,186m drilled in July, including 10,469m of core, is a Company record.&nbsp;Significant intercepts from step-out drilling at Abnabna-AF Gap, Fobinso and Fetish on the Central Ashanti Gold Project (“CAGP”) in Ghana included 93m at 3.1g/t and 21m at 4.2g/t Au from Fobinso, 7m at 19.2g/t Au from Fetish, and 41m at 3.1g/t, 95m at 1.4g/t and 13m at 5.5g/t Au from Abnabna -AF-Gap.&nbsp;Other infill drill results from the CAGP in Ghana included 82m at 3.8g/t, 119m at 2.5g/t and 75m at 1.7g/t Au from Esuajah South and 36m at 3.2g/t Au from Chirawewa.&nbsp;Anomalous results from drilling on the Dadieso and Kwatechi licenses in Ghana included 8m at 13.5g/t, 12m at 4.0g/t and 10m at 3.8g/t Au from Dadieso and 10m at 3.0g/t Au from Kwatechi.&nbsp;Significant deeper core drilling results on the Sissingue deposit on the Tengrela Gold Project in Ivory Coast included 23m at 2.7g/t, 39.7m at 2.2g/t and 6m at 8.0g/t Au.</blockquote>

[QUOTE="Sean K, post: 575052, member: 3610"] Good results continue. The infil will add to Reserves and Step Out to the total ounces. I'm confounded as to how they are staying independant with such resources and into development when POG is looking so strong for the immediate to mid term. NEWS RELEASE 17 August 2010 EXPLORATION UPDATE Significant intercepts from Ghana and Ivory Coast Projects Perseus Mining Limited (ASX/TSX: PRU) is pleased to provide an exploration update on the Company’s gold projects in Ghana and Ivory Coast. Highlights include: The 30,186m drilled in July, including 10,469m of core, is a Company record. Significant intercepts from step-out drilling at Abnabna-AF Gap, Fobinso and Fetish on the Central Ashanti Gold Project (“CAGP”) in Ghana included 93m at 3.1g/t and 21m at 4.2g/t Au from Fobinso, 7m at 19.2g/t Au from Fetish, and 41m at 3.1g/t, 95m at 1.4g/t and 13m at 5.5g/t Au from Abnabna -AF-Gap. Other infill drill results from the CAGP in Ghana included 82m at 3.8g/t, 119m at 2.5g/t and 75m at 1.7g/t Au from Esuajah South and 36m at 3.2g/t Au from Chirawewa. Anomalous results from drilling on the Dadieso and Kwatechi licenses in Ghana included 8m at 13.5g/t, 12m at 4.0g/t and 10m at 3.8g/t Au from Dadieso and 10m at 3.0g/t Au from Kwatechi. Significant deeper core drilling results on the Sissingue deposit on the Tengrela Gold Project in Ivory Coast included 23m at 2.7g/t, 39.7m at 2.2g/t and 6m at 8.0g/t Au. [/QUOTE]

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