Price of Gold

CSE: WBGD

Mali – Fokolore Project

Project Overview

Interpretation Of Historical Airborne Geophysics Suggests That Mamoudouya Is Characterized By Crosscutting N/NE Orientated Structures Deriving From The Major Senegalo-malian Shear

  • Historical trenching across the 3.6km-long Mamoudouya Main shear zone with a 200ppb gol in soils anomalism, has returned Up to 24m@2.35g/t and 12m@2.13g/t
  • Trenching across the 3.6km Manoudouya Shear Zone has returned results of up to 24m @ 2.35g/t and 12m @ 2.13g/t
  • Similar structural setting as observed at Loulo and Tabakoto gold mines. Grab samples taken along the shear returned results of 8.2g/t and 100g/t.
  • Results were positive and show a broad trend of elevated gold in soil with a geochemical signature of Au.

Central Zone

Drilling & Rocks over Gold Geochemistry
2012 RC Results
MRC0002 3.0m @ 2.71g/t
MRC0006 3.0m @ 8.77g/t
MRC0019 2.0m @ 4.5g/t
MRC0021 2.0m @ 5.99g/t
MRC0033 2.0m @ 3.38g/t
MRC0051 3.0m @ 7.39g/t
MRC0052 3.0m @ 4.32g/t
MRC0079 4.0m @ 3.58g/t
MRC0080 7.0m @ 4.51g/t
MRC0097 3.0m @ 13.49g/t
2018 RC Results
MCR18-007 2.0m @ 5.04 g/t
MCR18-007 8.0m @ 8.99 g/t
MCR18-001 15.0m @ 5.06 g/t
MCR18-052 3.0m @ 4.51 g/t
MCR18-043 3.0m @ 20.97 g/t
MRC18-017 1.0m @ 3.22 g/t
MRC18-003 1.0m @ 3.24 g/t
MRC18-009 1.0m @ 3.50 g/t
MRC18-015 1.0m @ 3.88 g/t
MRC18-031 1.0m @ 4.12 g/t
MRC18-054 1.0m @ 4.30 g/t
MRC18-047 1.0m @ 4.56 g/t
MRC18-038 1.0m @ 5.17 g/t
MRC18-015 1.0m @ 4.70 g/t
MRC18-003 1.0m @ 6.94 g/t
MRC18-003 1.0m @ 7.60 g/t
MRC18-003 1.0m @ 16.90 g/t

Structural Interpretation

Geological / Geophysical / Geochemical

Firstly, NS structures, then development of an anastomose NE shear zone, the late major NW structures interpreted from enhanced magnetics_HD_TDR.

These structures have trisected a former regional NE verging parasitic fold in her axial plane

There are five type of rock major trisected by the major structures (NW NE) with an overview of former regional NE verging parasitic fold overprint by a huge dolerite dyke in NW corner of the permit and an felsic rock in the broad south area of the permit