Kilindi District, United Republic of Tanzania
The Negese Property was carefully selected as a strategic acquisition target on the basis of growing artisanal mining activity in the area, including processing of alluvial, colluvial and bedrock gold mineralized material including pits and underground workings to a depth of 30 meters.Gold mineralized zones in the form of discrete high grade lodes and a broad zone of disseminated sulphides hosted by garnet - silica altered amphibolite in a corridor defined by artisanal workings and outcropping mineralized material are known to exist along a minimum of 1600 meters of strike and across from 300 to 500 meters. The host envelope and the mineralized zones, dip at 15 to 25 degrees and the true width of the target zone is approximately 200 to 250 meters. The area is traversed by gravel roads and the topography is moderate. The project can be advanced rapidly without significant infrastructure enhancements.
Reconnaissance mapping over the area shows structural repeats and additional strike extensions which will be evaluated as part of the forthcoming work program. The Company completed an orientation sampling of the target zones in a field review and results from the rock samples are pending. On the basis of this work, and the analytical results, the company is planning a sequenced exploration program including geological mapping, soil and rock geochemistry and drilling.
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