Geology and Resources

Details of the deposit type, mineralisation and metallurgy test work details for the Salave Gold Project.

Deposit Type

• Combination of a reduced intrusion related, shear zone hosted and orogenic gold deposit
• Globally there are examples of gold deposits with similar mineralogy to Salave, that have spatial association with felsic intrusions, and have been defined as orogenic gold deposits

Mineralisation

• Hosted in altered granodiorite and metasedimentary rocks along granodiorite/metasediment contact within a broad, NE trending, 350 m wide shear zone
• Associated with pyrite, arsenopyrite, stibnite and minor base metals
• Highest gold grades are associated with albite-sericite alteration
• >70% of the gold is refractory and associated with arsenopyrite and/or pyrite

Positive Metallurgy Testwork

• >90% recovery from previous test work based on:
  • Crushing
  • Conventional grinding to 80% passing 75 microns
  • Bulk flotation
  • Concentrate marketed and shipped out of country