Projects

Samavogo Gold Deposit

Key points to the resource estimate at the Samavogo gold deposit:

• Resource estimate of 14.0Mt @ 2.0g/t for 0.92Moz gold (at 0.9g/t cut off).
• Mineralisation is over 4,000 metres of a major shear zone and remains open along strike and at depth.
• The majority of the resource has been drilled on 40m x 40m spacings.
• The major shear zone remains open with reconnaissance step out drilling 5 kilometres to the south-west intersecting 4m @ 6.1g/t gold from 4m.

The Samavogo gold deposit is located approximately 18 kilometres to the north-east of the Nogbele gold deposit and proposed mill and gold processing plant.   The resource is typically shallow with the majority less than 100 metres vertical depth due to the shallow angle of mineralisation (approximately 30 degrees). Mineralisation starts from surface and is open along strike and down dip, and all drill results are approximately true widths. Mineralisation trends in a south-west / north-east direction in a regional shear and is associated with pyrite, sericite, hematite, carbonate and silica alteration in a shear zone hosted within garnet schist and sheared volcanic.

Broad step out drilling will be undertaken across the remainder of the 12 kilometres in 2012/13.