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
e
RCCM 2013B14518 NIF 779575R Siège social: 5 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
e
RCCM 2013B14518 NIF 779575R Siège social: 5 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. Société à Conseil d'Administration et Direction Générale créée par le Décret n°1018/PR/MMPH du 24 août 2011
e
RCCM 2013B14518 NIF 779575R Siège social: 5 étage, Immeuble du Bord de Mer
Boulevard de l'Indépendance, B.P. 23 801 Libreville – Gabon
www.gabonmining.com