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Nyanza-Sotik Project Overview, Kenya

Highlights


Kamwango is Stockport's Priority Target
  • High-grade gold mineralization with over 12 artisanal mines working in a 4 km x 2km area, continuing to extract gold from surface soils and saprolite
  • Reported historic drill results from Kamwango include:
    • 2.9 m @ 34.5 g/t gold (open),
    • 20.0 m @ 1.4 g/t gold,
    • 2.5 m @ 81.4 g/t gold (open) and
    • 7.6 m @ 2.8 g/t gold

Kamwango Area


The Kamwango Area is covered by the SPL214 license. In 2003-2004, B&M completed seven shallow drill holes (from 28 to 73 m depth) over an area of approximately 900 m x 400 m on the Kamwango artisanal workings located on the SPL214 concession. Five of these holes returned significant gold mineralization, highlighted by holes DDH-1 (2.96 m @ 34.5 g/t Au) and DDH-4 (2.55 m @ 81.4 g/t Au).

Holes DDH-1 and DDH-4 are located approximately 400 m apart along the same NW-trending structure. As the holes were collared on small, poorly-exposed artisanal workings, neither hole successfully intersected the full width of the system, although well-developed silica-chlorite-sericite alteration of the metabasalts extends for over five metres from the contact with the high-grade quartz veins. Gold in the quartz veins occurs as free grains and is associated with sulphides.

DDH-3 (located 100 m N of DDH-4) and DDH-7 (located 200 m SW of DDH-1) appear to have tested either parallel structures or splays from the main NW structure, intersecting moderate gold values of 1.4 g/t Au over 20 m (including 2.13 g/t Au over 5.5 m), and 2.8 g/t Au over 7.6 m (including 3.95 g/t Au over 5.3 m) respectively. DDH-6 is located approximately 600 m north of DDH-4, but slightly off the main NW-structure, intersecting 0.4 g/t Au over 11.7 m. DDH-2 and DDH-5 are located off the main structures, and did not return any significant assay results.

These drill holes represent a very preliminary test of an overall 15 km2 license area that hosts over 12 known artisanal gold workings, scattered over NW and NE trending structural corridors, over an approximate 4.0 km x 2.0 km area.