Kongolokoro Project

The Kongolokoro sector consists of four exploration permits totalling 972 square kilometers located in the south-west of Burkina Faso.

During the third quarter,  a program consisting of four core holes (1,220 meters) was drilled, testing the down plunge of the Bantou mineralized zones on the Dynikongolo permit. The objective was to test the extension of the mineralization below a 200-meter depth, in addition to providing geological and mineralogical information for the zone. Two of the four holes returned significant gold values, suggesting a southwest plunge of the mineralization at depth (Figure 1). Hole DYDD011 returned 3.29 g/t Au over 14.8 meters (including 6.2 g/t Au over 4.4 meters) in the Hangingwall Zone. Hole DYDD012 returned an average grade of 7.46 g/t Au (11.99 g/t Au uncut) over 3.2 meters in the Hangingwall Zone and 3.92 g/t Au over 9 meters in the Main Zone.

The third quarter drill program follows up on results from RC and diamond drill programs previously carried out by Orbis. Under the Orbis program, a total of 8,740 meters of drilling was completed in 75 holes on the property. The data set is currently being compiled and evaluated in order to establish the property’s potential. The Dynikongolo permit is located in the South Houndé area, approximately 150 kilometers southwest of the Mana Mine.

Figure 1 - Longitudional Section of Hangingwall Zone of Bantou Mineralization