Niangouela Gold Concession

Burkina Faso, West Africa
178-sq km concession with high-grade gold occurrences along a 1km (1000m) extended quartz/shear system
  • The Niangouela exploration permit covers 178 square kilometres and is located on the Boromo greenstone belt.
  • Niangouela is proximal to the Kalsaka mine and the Sabce shear zone. The property is road accessible and has one major orpaillage (artisanal mining area).
  • Property contains numerous quartz veins and outcroppings proximal to artisanal pits and workings.

Niangouela Samples

  • In December 2016 company geologists collected 11 rock samples – several containing visible gold – at various points of interest in around the main quartz vein and associated shear zone
  • High-grade quartz vein sample NG005 obtained 46 meters below surface in an artisanal shaft, returned a value of 2,950 g/t Au
    • Sample NG006, collected from the artisanal dumps of the sheared intrusive, returned 23.9 g/t Au
    • Sample NG007, taken from material extracted from an artisanal shaft at a depth of approximately 60 meters, assayed 403 g/t Au
    • Sample NG008, taken from a shaft 10-12 meters from NG007, assayed 49.8 g/t Au
    • Sample NG011, obtained from quartz vein near NG007, assayed 14.3 g/t Au

Diamond Drill Results

Assay results from the first nine phase one drill holes

1 Denotes metallic screen analysis
2 Denotes gravimetric fire assay analysis
3 Denotes bulk leach extractable gold analysis

* Note all assay results represent intercept lengths and are not true widths