Semafo hits new high on drill results

摘要

Semafo's (smf-t, semff-o) share price has hit its highest level in over a decade following on-time facility upgrades, completion of a major round of financing and new high-grade gold hits at its Mana gold mine in Burkina Faso. Most recently, the company announced the discovery of several new mineralized zones at its Mana property as part of a 9-million dollars exploration program on the site this year. The company is using three diamond drills, two reverse circulation drills and five auger drilling rigs for geochemical sampling as it explores the property.