• Up to 518.5ppb Gold in soil anomaly
• Proximal to the 37.29 million ounces AngloGold Ashanti's Geita gold mines.
• Extensive artisanal gold mining in the areas
• located in the historical gold producing region

• Controlling position (40,000 hectares) in one of last unexplored Birrimian greenstone belts.
• Ten high value targets identified so far, all with gold visible at surface. Plenty of upside for discovering more targets in future.
• Four targets lightly drilled confirmed existence of gold mineralisation at economic levels. Around 140,000 ounces measured and indicated from surface
• Extensive geophysics (ground/air mag, IP) available. Drilling contractor nearby. Own Ground mag and IP equipment.

• Operating goldmine, 16 Granted Alluvial Au MiningLeases, 60sq klms exclusive rights to Exploration. Full Plant/equipment/established infrastructure/communication/roads&tracks/storage dams.
• Estimated Resource 1,650,000millionLCU;within ML's Average grade 0.3gr per m3. 97-98% assay
• 250klms NWCairns-4-5hr drive.Good access. Mareeba/Atherton Industrial hub.
• Historic Reports indicate hardrock potential. Significiant resource within Epm to be pegged

• Operative Project, A mining company with large inventory of copper sulphides and oxide ores
• Available Factory and Treatment plant, Mining equipment to develop the process and obtain copper concentrates.
• Available Machinery to exploit and extract raw materials.
• All commercial vehicles trucks , short distance from port of embarkation

• IOCG style alteration and mineralisation in drilling associated with a significant coincident magnetic and gravity high
• Mineralised area extends for over 600m x 400m and is open in multiple directions
• Mineralisation is both copper and REE rich, critical elements in IOCG deposit types. 134m (96-230m) @ 626 ppm Cu, 256 ppm Pb, 593 ppm Zn
• The target is very shallow at 70m below surface

• Surveyed lease boundaries, Pre Mabo lease
• Proven Gold Reserves
• Wet and Dry Pant onsite. Easy start up for new purchaser
• Established camp

• Widespread occurrence of Cu-Pb-Zn-Ag mineralisation centred on a cluster of historical mine sites
• Comprehensive surface exploration by past explorers but very limited drill testing mean this near surface porphyry target is poorly explored
• Encouraging granite hosted intercepts including 17m at 0.43pct Cu, 1.67pct Pb, 2.93pct Zn, 84gpt Ag from 108m
• Approximately 359km2 held under two exploration licence applications in a favourable setting in North Queensland

• Widespread occurrence of Cu-Pb-Zn-Ag mineralisation centred on a cluster of historical mine sites
• Comprehensive surface exploration by past explorers but very limited drill testing mean this near surface porphyry target is poorly explored
• Encouraging granite hosted intercepts including 17m at 0.43pct Cu, 1.67pct Pb, 2.93pct Zn, 84gpt Ag from 108m
• Approximately 359km2 held under two exploration licence applications in a favourable setting in North Queensland

• The asset is located in the southeast extend of Morogoro city at a distance of about 30 km. Two adjacent leases comprise a total of 29.19 square kilometres
• Mineralization is strata-bound schistose formation with general strike in north-south orientation and a gentle dip of about 20 degrees towards west
• Mineral is flaky in nature as observed in the graphite schist;.A 22% Total Carbon result is reported in the analytical reports for samples from trial pits.
• Results of the survey indicate a very sound correlation of SP anomaly with surface indications; the 2D IP & indications of mineralization up to a depth of 75 m below ground level.

• Four ore deposits and two additional occurrences of a sole ore-bearing field
• Grades of gold - 2,5-36.1 g/t, silver - 200-650 g/t, antimony - 5.0-19.8%, arsenic - 4.5-21.0%, lithium – 0.12-0.31%
• Resources and the amount are approved by the State Commission on Mineral Reserves of the Former Soviet Union in Moscow
• The distance to the Black Sea port of Poti 250 Km. Kutaisi-Poti railway 90 km

• Bedrock conductors identified associated with mineralised linear magnetic units which outcrop as mafic-granulite and quartz-magnetite (metamophosed BIF).
• Outcropping mafic-granulite-amphibolite rocks associated with extensive linear magnetic anomalies terminating at a circular, 1.2km diameter magnetic high anomaly - possible mafic intrusion.
• Anomalous Au, arsenic and reports of gold having been mined in a reef up to 7m thick and 14 g/t Au, pre 1900s, within a Tropicana style setting.
• New discovery of a Fe rich metamorphosed BIF - Southdown type. 48% Fe average for 5 samples taken across extensive width - strike extent unknown.

Added 01/08/2014, viewed 351 times.