Drake Resources Ltd, a mining company listed on ASX, has discovered, following its latest field program, 14 new traditional gold mining sites and 6 extension sites on its Seimana project covering a mining licence of 440 km2 in the north of Guinea.

These are, the company explained on 17^th September, gold-bearing quartz vein mining sites contrary to alluvial and eluvial gold mining, which were identified in the northern and western parts of the permit area.

Seven sites have been categorised as priority targets A and six others in the B category, bringing the total number of targets of category A and B to 62 overall in the project, Drake Resources Ltd specified.

A smaller sample on quartz veins revealed gold contents higher than 1g/t in four distinct places, while surface resources in many other sites showed gold contents of 0.5g/t.

Since January 2014, the operation activities of the company were focused on the southern part of the project and yielded encouraging results of 70.8g/t, 42.9g/t and 29.4g/t.

Drake Resources Ltd was granted, in January 2013, the operating permits of the Seimana project which it fully owns.