Haranga Resources' maiden drilling at the Ibel gold project in Senegal intersected 20 meters of ore at a depth of 12 meters, with a gold grade of 6.54 g/mt, including 4 meters of mineralization grading 14.64 g/mt.

Additionally, at a depth of 44 meters, it intersected 10 meters of ore grading 6.35 g/mt, including a 6-meter-thick ore body grading 8.55 g/mt. The terminal ore body was not fully penetrated.

The work targeted gold anomalies and artisanal mining sites near termite mounds, with results indicating a gold mineralized zone extending at least 700 meters in length.