GOLD

CHAD

CHAD: LARGE SCALE GOLD MINERALISED PROVINCE

  • 746km² tenure in Saharan Metacraton

  • Potential analogue of Intrusion Related Gold Systems – Globally significant

  • Little/no modern-day exploration; oil focus

  • First mover advantage; two advanced gold projects

  • Extensive artisanal gold workings

 

DOROTHE GOLD PROJECT

  • 149.25km² granted license

  • Extensive artisanal workings; visible gold with nuggets up to 1cm across

  • Mineralised footprint over a 3km x 1km area

  • 14,564m of trenching completed

  • Regional airmag and soils completed

  • Drone digital terrain model completed

  • Detailed structural mapping completed by SRK Perth

  • Ground IP geophysics completed

DOROTHE: 3KM X 1KM HIGH-GRADE GOLD IN TRENCHING TARGET

  • Multiple trench intersections including:

    • 84m @ 1.66g/t Au*

    • 4m @ 18.77g/t Au+

    • 32m @ 2.02g/t Au

    • 24m @ 2.53g/t Au

    • 12m @ 2.32g/t Au

    • 4m @ 5.27g/t Au

  • Coherent, large scale anomalies defined:

    • Main vein zone

    • Sheeted Vein Zones

*Sampled down-dip along shallow dipping alteration zone; not true width.
+logged as transported material from Main Vein target

 

EXPLORATION UPSIDE: MULTIPLE TARGETS DEFINED

  • Structural repetitions along major Dorothe Shear

  • Gold targets and artisanal workings defined:

    • Dorothe target

    • Guerere target

    • Kalaka target

    • Nabagay target

  • Sheeted veins and skarns

  • 40km prospective strike secured

 

ECHBARA GOLD PROJECT

  • 149km² exploration license granted; 25km west of Dorothe

  • 2km long by 150m to 200m wide 100-300ppb soil anomaly defined by United Nations Development Programme (UNDP)

  • Historic trenching results of 58m @ 1.31g/t Au, 30m @ 1.25g/t Au by UNDP

  • Located along contact between quartzites and schists and within proximity of large granitic intrusion

  • Exploration upside along prospective contacts and through-going faults

 

AM OUCHAR GOLD PROJECT

  • 148km² exploration license granted; 70km south-east of Dorothe

  • Historical UNDP trenching results including 20m @ 6.8g/t, 16m @ 4.7g/t and 12m @ 5.7g/t Au

  • Individual 2m composite grades up to 33g/t Au

  • Gold hosted within 2-5m thick, shallow dipping quartz veins within hematitic schists 

SIGNIFICANT SCALE HARD ROCK GOLD ARTISANAL WORKINGS AT AM OUCHAR (PEOPLE IN FOREGROUND FOR SCALE)