KOLISSEN GOLD PROJECT - SEM Gabon Mining KOLISSEN Final Eng.pdfKOLISSEN GOLD PROJECT Due to its...

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Société à Conseil d'Administration et Direction Générale créée par le Décret n°1018/PR/MMPH du 24 août 2011 RCCM 2013B14518 NIF 779575R Siège social: 5 e étage, Immeuble du Bord de Mer Boulevard de l'Indépendance, B.P. 23 801 Libreville – Gabon www.gabonmining.com KOLISSEN GOLD PROJECT Due to its geological context, mainly consisting in a greenstone belt, its size, the numerous gold anomalies up to 2 km long, along a shear zone, the intensive artisanal mining activity and some good intersections resulting from deep drill holes, the Kolissen gold project has potential to be a good deposit. Location and infrastructures: Figure 1 : Location map and infrastructures Project phase: Brownfield project, up to geotech drilling phase. Geological context: Greenstone belt. Locally, the mineralized area falls within a tectonized corridor of some 7-km wide, where a block of metamorphosed Francevillian lower Proterozoic equivalents within an Archaean terrain is running parallel to the major Ikoy-Ikobe shear zone.

Transcript of KOLISSEN GOLD PROJECT - SEM Gabon Mining KOLISSEN Final Eng.pdfKOLISSEN GOLD PROJECT Due to its...

 

Société à Conseil d'Administration et Direction Générale créée par le Décret n°1018/PR/MMPH du 24 août 2011

RCCM 2013B14518 NIF 779575R Siège social: 5e étage, Immeuble du Bord de Mer Boulevard de l'Indépendance, B.P. 23 801 Libreville – Gabon www.gabonmining.com

 

KOLISSEN GOLD PROJECT

Due to its geological context, mainly consisting in a greenstone belt, its size, the numerous gold anomalies up to 2 km long, along a shear zone, the intensive artisanal mining activity and some good intersections resulting from deep drill holes, the Kolissen gold project has potential to be a good deposit. Location and infrastructures:

 Figure  1  :  Location  map  and  infrastructures                                                                                                                                                                                                                            

Project phase: Brownfield project, up to geotech drilling phase. Geological context: Greenstone belt. Locally, the mineralized area falls within a tectonized corridor of some 7-km wide, where a block of metamorphosed Francevillian lower Proterozoic equivalents within an Archaean terrain is running parallel to the major Ikoy-Ikobe shear zone.

 

Société à Conseil d'Administration et Direction Générale créée par le Décret n°1018/PR/MMPH du 24 août 2011

RCCM 2013B14518 NIF 779575R Siège social: 5e étage, Immeuble du Bord de Mer Boulevard de l'Indépendance, B.P. 23 801 Libreville – Gabon www.gabonmining.com

 

 Figure  2  :  Regional  geology  extracted  from  a  geological  map  of  Gabon  at  a  scale  of  1:1,000,000  provided  by  Sysmin  2009.  

Other mineralization: Some kimberlitic dykes were discovered through drill cores. This allows considering diamond mineralization, besides gold in the area. Estimated resources: N/A. Previous works: All the works conducted to date, have been performed into the old “Or zone Koumba

permit”. Geotech drilling was completed. A total of 1,803m of drill core (some NQ, mostly BQ) were drilled from 8 diamond drill holes with inclinations between 45° to 65°.  

 

Société à Conseil d'Administration et Direction Générale créée par le Décret n°1018/PR/MMPH du 24 août 2011

RCCM 2013B14518 NIF 779575R Siège social: 5e étage, Immeuble du Bord de Mer Boulevard de l'Indépendance, B.P. 23 801 Libreville – Gabon www.gabonmining.com

 

 Table  1  :  Results  of  drill-­‐hole  intersections  from  assayed  core  

Mineralization:

Ø Gold generally occurs within vertically dipping vein systems and 3-5 m stockwork (of 1-5 cm veinlet). The veins follow the structural trend and run parallel to NNW Ikoy-Ikobe fault.

Ø The gold mineralization appears to be associated with white saccaroidal quartzites, and faulted contact with greenstone units.

Grade: up to 3.40 g/t through drill core. Program 2015: The program will comprise,

Ø Acquisition, compilation, integration and re-interpretation of all historic data in order to define the main targets;

Ø A detailed geological mapping at a scale of 1:5,000; Ø A drilling program.

2015 program budget: In order to achieve the program, a provisional budget of USD 600,000 is considered. Licence status : Application under examination.